I believe we are about to see a Cup & Handle formation here.
RSI is high (overbought) currently, therefore price may price may come back down to the SMA lines. This will result in bringing the RSI back down to an appropriate level. Once the price meets the SMA lines, it will use them as support to continue to rise - completing the Cup & Handle formation....
Amazon has been in a consolidation mode for months now. It's broken through some barriers & I believe it's Amazon's time to shine with a new all-time high.
If PLTR falls through support, I believe PLTR will continue to follow the downtrend.
Hopefully, PLTR can rise above the downtrend line & continue to rise.
We'll see shortly which direction PLTR will go.