PLTR formed an ascending triangle but failed to breakout to the upside. It is still respecting the recent support at around $26.10 though, which is good for the bulls. There is a narrowing of the Bollinger Bands on the 1hr and 4hr charts, which could signify a potential breakout to either side since the candles seem to be ranging around the moving average. MACD...
Another trade update on PLTR falling into near term consolidation that might set up another rally that might carry us higher towards 48-52 into 2021. Looking to scale in with more leaps with dots into 24-23 wave 4 support level.
Palantir Stock Looks Attractive At $9 <-- TECHNICAL UPDATE = BUY THE DIP... Palantir Stock Looks Attractive At $9, But There Are Two Key Concerns Palantir’s Increasing Exposure To Government While Palantir’s Revenues expanded by about 24% in 2019, growth is likely to pick-up to levels of over 40% in 2020 as Covid-19 related disruptions increased demand for the...
this is a closer look of the 1H chart that shows the wave analysis described fully here : please read full idea to understand where i suspect PLTR is going in the next few weeks. Happy Xmas and trade safe !!!
There is not so much chart data on PLTR but I think the idea is worth sharing. DISCLAIMER: This MUST NOT be taken as a trading signal. Please leave a like or your comment below and follow for more updates.
Palantir sees itself targeted by two highly publicized names in the Stock Industry.... Citron Research... Keyword "Research". Morgan Stanley... High surprising, truthfully only quoting Citron... Both of which provided no support or research for their short stances other than... the Government contracts are "baked in"... Which is completely untrue. Images have...
Video breakdown of $PLTR.
Video breakdown on $PLTR (Also requested))