Weekly Hot Stocks - PLTR, SOFI, ARKK, SENS & ARDX
1. $Palantir Technologies Inc.(PLTR)$
PLTR down 15% today,š» and the weekly BX is still showing LL.
We've been preaching patienceāretail wants to buy the dip, but weekly market bias hasnāt broken since 2023.
Lowest band level sits at $64, but I wouldnāt touch it until we see weekly confirmation.
We need proof that big buyers are stepping in and this isnāt just another fade.
Stay patient. Donāt force it.
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2. $SoFi Technologies Inc.(SOFI)$
SOFI $10.73 after hours šÆ
Didnāt expect our $10 ā $8 target to hit this fast. šØ
Once that volume shelf broke, there was nothing left to hold it up.
-24% since BX turned š“.
We might get some small bounces on lower timeframes, but no reason to go long until the weekly BX confirms HL.
Next levels: $45 ā $40.
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-40% since BX confirmed bearish re-distribution.
While this may be tempting because it's a popular $Reddit(RDDT)$ stock, I would be careful timing this bottom.
Buyers need to step in and flip the BX to HL before I would look to take anything long.
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ARDX needs at least a month to confirm HL on BX and show bullish accumulation.
Itāll take time, but if it sets up, this could be massive heading into late 2025.
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