Volume shelf analysis helps us find where buyers and sellers are. A $PLTR volume analysis anchored to december revealed a volume shelf at around 27.00 price point, this was in alignment with a minor key level. As the broke upwards today, it hit a wall of sellers at 27.00 and the price rapidly collapsed. This bounce exhausted some supply, so the next time we visit...
Bull Target $48 - $50 & Bear Target $18.31
Bullish Flag pattern Target $29-$30
Huge Bull Flag Target $48 - $50
PLTR Stock Forecast January 2021 : PLTR Sell its now
iv been patiently waiting for this one to pull back, it has fallen lower than my initial thought of $25, so i am now watching to see if it bottoms in the range indicated on the chart, i suspect that with the RSI being on the over sold level and MacD showing signs of crossing, with the low sell volume on the profile, it'll have an easy recovery towards $26
29DEC2020 saw a broader market sell-off, unsure if this was larger institutions securing end of year profits or market-wide correction from recent days exuberance. Monday's market open saw an immediate meltdown and began this bearish channel and Tuesday saw us drip below our $25 support zone. The 9 day MA trading below the 20 day MA suggests to me that this...
On the 30 minute chart, the RSI is 29 indicating PLTR is oversold, the MACD is having a bullish divergence, Bollinger bands are still relatively tight, and volume on the downward move is very low meaning the downtrend is not yet confirmed. Any positive news could be a catalyst for a massive move to the upside. If not, we will likely see PLTR continue to fall to...