$PLTR looks good for more upside $12-19 targets
It looks like a bottom has formed in PLTR and price could start moving upwards.
You can see that price has been consolidating in a downtrend channel, but we recently broke above resistance ($7.97) and have now confirmed it as support. The next challenge for price is to break above the channel and continue upwards.
The targets to the upside are on the chart, let's see how it plays out over the coming months.
You can see that price has been consolidating in a downtrend channel, but we recently broke above resistance ($7.97) and have now confirmed it as support. The next challenge for price is to break above the channel and continue upwards.
The targets to the upside are on the chart, let's see how it plays out over the coming months.
Comment:
Not ready yet. It looks like it's going to break support. I exited already.
Comment:
Reentered here.
Comment:
Second target hit. Could potentially have one more leg up to $17ish level, but I've already taken profits on this trade as it's up 95% since entry.