PLTR 15-minute chart: Double Bottom
A double bottom on the PLTR 15-minute chart, bullish. The video shows how to spot it, where to enter and where the stop and target go.
- Pattern: Double Bottom (bullish)
- Entry 208.66, stop 205.94, target 210.85
Full transcript
The chart looked quiet, but one important line just gave way.
October 13, Palantir on the 15-minute chart confirmed a double bottom today.
A double bottom is price holding twice at the same area.
The high between those holds is the neckline, at 208.45.
It confirms only when price closes above that neckline.
From here, the measured target is 210.85, and the invalidation level is 205.94.
The setup is still open, and neither the target nor the invalidation level has been hit yet.
The pattern remains in play.
A pattern never guarantees its target, and the same shape fails just as often.
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AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.