#PLTR - Price possibly rebouncing from key support at 20$?
Hi All, my main 3 take-outs from this analysis are the following:
1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time)
2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels
3- There are still two gaps at 24$ and 27$ (as also at 31$) that will be needed to be filled sooner or later
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time)
2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels
3- There are still two gaps at 24$ and 27$ (as also at 31$) that will be needed to be filled sooner or later
Not a financial advice, just personal opinion. Do your own due diligence and good luck!