PLTR wants to fly high, so what does the chart tell us?
cup & handle pattern formed,
price literally bounced on all 4 major SMA(10,20,50,200)
price breakout from 27.41 high than retested successfully,
Imho PLTR start getting strong momentum, after building a nice base foundation, is ready to go to the "moon"
I like the weekly chart, a good sign for uptrend continuation with MACD crossover,
however, we have two resistance point need to brake,
trade with caution!
After a rough week, the market slowly recover we might see a reversal
# Morning star
# 200 EMA support
# MACD crossover
first target = 27
second target = 30
