Think_More

Palantir stock is within a weak range, with no clear direction!

NYSE:PLTR   Palantir Technologies Inc.
Palantir stock is within a weak range, with no clear direction!


This chart shows the weekly level candle chart of Palantir stock since its listing. The top to bottom golden section is superimposed in the figure. As shown in the figure, the high point of Palantir stock in February this year happened to be 1.382 in the golden section of the chart, and the recent high point hit the lowest point in May 2021! This indicates that the Palantir stock is still within a weak range, with no clear direction! In the future, we will use these two points as the basis for judging the strength of the Palantir stock. Above these two points, bulls are dominant, below these two points, bears are dominant, and between these two points, bulls and bears are in a state of competition!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.