PLTR - Another close below 10-MA for proactive stop management
$Palantir Technologies Inc.(PLTR)$ - Update (Another close below 10-MA for proactive stop management)
Stop kept surviving but another close below 10-MA today.
The same repetition for stop adjustment, if it breaks the 15-minute opening range low later. Volatility adjusted RS has been weakening since earnings data from 6th may.
I also need to highlight the prospect of a much lowered exit later with pre-market 8.30AM ET Core PCE Price data (Inflation data) could gap stocks down at open, but what matters is the price action at open to my sell strategy (look at how PLTR survived 2 pre-market gap down on 6th may and 19th may)
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