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PALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INC

PALANTIR TECHNOLOGIES INC

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PLTR heads up at $54.50: Dual Golden fibs that could cause a DipPPLTR has been flying as we all know. Election boost ran to a major landmark. Dual Golden fibs should be very strong. It is PROBABLE that we "orbit" them a few times. It is POSSIBLE that we have "topped" for a while. It is PLAUSIBLE to "overshoot" to next landmark. $ 54.49 - 54.60 is the resistance zone to watch. $ 50.21 - 50.38 is the first support zone below. $ 61.14 - 61.70 is the next resistance above. Drag DOWN on the PRICE scale to look above. ========================================
NYSE:PLTR
by EuroMotif
6
Palantir's Meteoric Rise: Ride the Wave or Wait for a Pullback? Overview: Palantir Technologies Inc. (NYSE: PLTR) Current Price: $55.53 (as of November 7, 2024) Sector/Industry: Technology / Software—Infrastructure Palantir has surged recently, hitting new highs. With the stock at peak levels, investors are asking: is now the time to buy, or should you wait for a pullback to improve the risk/reward setup? Key Levels and Price History 52-Week Range: $12.34 - $55.53 One-Month Range: $38.45 - $55.53 Support Level: $48.00 Resistance Level: $52.00 Upcoming Dates to Watch Next Earnings Date: February 12, 2025 Dividend: None (Palantir doesn’t currently pay dividends) Valuation and Metrics P/E Ratio: 258.69 (significantly higher than industry average) Free Cash Flow: Recent Quarter: $100 million TTM: $400 million Institutional Holdings: 55% Short Interest: 5% of float Recent Price Action & Technical Indicators Weekly Trend: +15% Monthly Trend: +25% RSI: 70 (indicating overbought conditions) Moving Averages: 50-Day: $42.50 200-Day: $30.20 MACD: Positive divergence, signaling upward momentum The RSI suggests caution at current levels, with an overbought signal indicating a potential pullback. Comparative Valuation P/E Ratio (PLTR): 258.69 vs. Industry Average: 35.00 P/B Ratio (PLTR): 30.00 vs. Industry Average: 10.00 EV/EBITDA (PLTR): 150.00 vs. Industry Average: 25.00 While Palantir’s premium valuation highlights its growth potential, it also suggests a higher risk if momentum fades or the market corrects. Growth & Financial Health Revenue Growth (3-Year CAGR): 30% Projected Revenue Growth (Next 2 Years): 25% annually Debt-to-Equity Ratio: 0.2 (low leverage) Cash Reserves: $2 billion Current Ratio: 3.5 Notable News & Social Sentiment News Highlight: November 6, 2024 – Palantir’s stock surged 23% after issuing optimistic revenue guidance. Social Buzz: Positive chatter on Twitter and Reddit, with bullish sentiment about future growth. Competitive Comparison Snowflake Inc. (SNOW): $180, P/E 150.00, Revenue Growth 40% Splunk Inc. (SPLK): $150, P/E 120.00, Revenue Growth 35% Investment Analysis: Should You Buy Now or Wait? 1. Entry at $55.53 (Current Price) Target Price (TP): $60.00 Potential Upside: $60.00 - $55.53 = $4.47 Percentage Gain: ~8.05% Stop Loss (SL): $45.00 Potential Downside: $55.53 - $45.00 = $10.53 Percentage Loss: ~18.96% Risk/Reward Ratio: 8.05% (reward) / 18.96% (risk) ≈ 0.42 Entering at $55.53 offers a lower risk/reward ratio, meaning each dollar of risk is offset by less potential reward. However, with recent momentum, this might appeal to those comfortable with higher risk for short-term gains. 2. Entry at $48.00 (Wait for Pullback) Target Price (TP): $60.00 Potential Upside: $12.00 Percentage Gain: ~25.0% Stop Loss (SL): $45.00 Potential Downside: $3.00 Percentage Loss: ~6.25% Risk/Reward Ratio: 25% (reward) / 6.25% (risk) = 4.0 Waiting for a pullback to $48.00 provides a much better risk/reward ratio of 4.0, allowing for more reward per dollar risked. With support at this level, it’s an ideal setup for more conservative, long-term positions. Price Forecast Scenarios Optimistic: $60.00 (continuing bullish trend) Neutral: $55.00 (aligned with analyst consensus) Pessimistic: $45.00 (support zone) Conclusion Palantir has captured the market’s attention with strong upward momentum and optimistic revenue outlook. Aggressive Entry (Today’s Price, $55.53): Potential for short-term gains but carries higher risk due to overbought conditions. Conservative Entry (Pullback to $48.00): Better risk/reward balance with support at $48.00, ideal for those looking to reduce downside exposure. Verdict: While both strategies have potential, a pullback to $48.00 offers a safer entry with a balanced risk/reward setup, letting you capitalize on Palantir’s growth with controlled risk. Disclaimer: This analysis is for informational purposes only and is not financial advice. Investing in stocks involves risk. Always conduct your own research and consult a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
NYSE:PLTRLong
by exlux
2
PLTR: Explosive Move! New ATH After Earnings Report.Daily Chart (Left) Explosive Move: The price surged more than 20% following a strong earnings release, indicating high investor interest and strong buying momentum. New Support at $45: The $45 level, previously acting as resistance, now serves as a potential support according to the principle of polarity. Monitoring this level is crucial for any pullbacks or consolidations. Therefore, even if we see PLTR losing momentum, any pullback to the $45 won't ruin the uptrend. Strong Uptrend: The moving average (21 EMA) supports the ongoing bullish trend, with the price well above it. Weekly Chart (Right) All-Time High Breakout: The price has broken past its previous all-time high, confirming strong bullish momentum on a larger time frame. Sustained Upward Trend: The consistent uptrend since mid-2023 continues with increasing strength, supported by a steep rise in the weekly 21 EMA. Trading Implications: PLTR is currently experiencing strong bullish momentum, marked by an impressive breakout following earnings. The $45 level is crucial to watch for potential support on pullbacks. The trend remains bullish as long as the price stays above the 21 EMA and the support level holds. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NYSE:PLTR
by Nathan_The_Finance_Hydra
$PLTR might go up to $57 after Q3 FY24 Earnings report? NYSE:PLTR Palantir soared over 14.2% after Q3 FY24 earnings report: • Net dollar retention 118% (+11pp Y/Y). • Customers +39% Y/Y to 629. • Revenue +30% Y/Y to 726M (22M beat). • Non-GAAP EPS $0.10 ($0.01 beat) . FY24 guidance: • Revenue +26% Y/Y to 2.807B (+61M). • Adjusted margin 38% (+3pp). It will probably break above the resistance of previous high today. But where will the price rise to? To answer this question, we make comparisons with previous gap up candles which has broken above an important resistance level. In Feb 05, it soared over 30% after Q3 FY23 earnings reports, and after that, it went up for another 25%. In Sep 09, NYSE:PLTR soars over 14% toward record highs as the stock is set to be added to the S&P 500. And after that, it has risen for another 30%. Therefore, it might go up to 57 if it break above the resistance of previous high today, according to similar historical price actions. what's your opinion?
NYSE:PLTRLong
by xugina78
PLTR’s Post-Earnings Surge: Strategic Moves Tomorrow TradingPalantir Technologies (PLTR) experienced a notable rally after market hours on November 4, 2024, largely due to a strong earnings report. The company exceeded market expectations by posting an earnings per share (EPS) of $0.10, surpassing the consensus estimate of $0.09. Additionally, Palantir reported a revenue increase of 30% year-over-year, reaching $725.52 million, above the projected $705.11 million. These positive financials indicate strong growth in Palantir’s business, driven by increasing demand for its AI and data analytics solutions, and have contributed to renewed investor confidence. For tomorrow’s trading session, key price levels can help guide potential entry and exit points. As seen in your chart, Palantir surged to around the $47 mark in after-hours trading. For an intraday play, if it holds above $45, that can serve as a short-term support, with potential resistance around $50 if upward momentum continues. Breaking above $50 could signal further gains, while falling below $45 may indicate a pullback toward $43. Suggested Entries and Exits: Bullish Entry: Consider entering near the $45 support level, targeting a move toward $48-$50. A confirmed breakout above $50 could present a stronger bullish entry. Bearish Play: If PLTR fails to maintain above $45, a short entry may be feasible, targeting the $43 level as a near-term exit. Disclaimer This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own research and consider consulting with a financial advisor before making any trading decisions.
NYSE:PLTR
by BullBear-Insights
PLTR NEED A LEG?Everyone is extremely bullish for PLTR. I am as well, awesome to see PLTR go up. But is it time to get a leg down to go even higher? I believe that before we reach the 70/75 area, we need a sell to the 55 area. PLTR is way too up and has barely any space to breath within it's market without a single rebound in it's major trend line or minor ones. Be mindful going up with the trend that you don't get caught on the breather. If you do don't worry. I can see this going to $100 by 2025 so you don't have an opportunity to lose unless unexpected news comes which are related to health specifically or financial issues for the company which I don't see going. Something that might trigger could be a potential separation due to politics on the internal side of the company, which I don't believe might happen or might affect the company regardless.
NYSE:PLTR
by soymundo21
Can a Crystal Ball Really Predict the Future of Tech?In an era where artificial intelligence promises to reshape the technological landscape, Palantir Technologies has emerged as a testament to the power of long-term vision meeting present opportunity. The company's remarkable third-quarter performance, marked by a 30% revenue surge to $725.5 million and doubled net income, isn't merely a financial triumph—it's a validation of two decades spent perfecting the art of data analytics while others were still grappling with its fundamentals. What sets this trajectory apart is Palantir's unique ability to bridge two seemingly disparate worlds. On one side, its deep-rooted expertise in government and defense contracts, evidenced by a 40% growth in U.S. government sales to $320 million, demonstrates unparalleled capability in handling sensitive, mission-critical data. On the other, its commercial division's explosive growth, particularly in the U.S. market with a 54% revenue increase, reveals an organization that has successfully translated complex government-grade technology into practical business solutions. The company's strategic positioning, however, tells a more intriguing story beyond the numbers. While competitors scramble to adapt to the AI revolution, Palantir's Artificial Intelligence Platform (AIP) represents the culmination of years spent understanding the nuances of data integration and security. This foundation, combined with innovative approaches like their hands-on "boot camps" where clients work directly with Palantir engineers, suggests that perhaps the company named after Tolkien's all-seeing orbs has indeed developed a knack for anticipating the future of enterprise technology.
NYSE:PLTRLong
by signalmastermind
Is PLTR Ready for Continued Upside After Today's Bullish Run?Overview of PLTR’s Bullish Momentum on November 5, 2024 PLTR surged today, moving from around the $42 level to over $51, marking a significant rally. This move may have been driven by market sentiment, favorable earnings, or news developments, as such strong momentum often aligns with external catalysts. Technical Analysis and Key Levels 1. Price Action Overview Current Price: PLTR is trading at approximately $51.10 after reaching a high of $51.58 during today's session. Volume Spike: Noticeable volume accompanies this bullish move, indicating strong buying interest. However, high volume in a single session could either signal continuation or a peak if buyers exhaust. EMA Support: Shorter-term EMAs (10 and 20) are tracking closely with the price, suggesting solid intraday support at the $47-$48 range, which may act as a first level of support in case of a pullback. 2. Support and Resistance Levels Immediate Support: $48–$47. This area aligns with intraday EMAs and could serve as the first line of support if profit-taking or a pullback occurs. Primary Resistance: $51.60-$52. Breaking above this range could signal further gains and a continuation of the bullish trend, especially if accompanied by volume. Upper Resistance: Around $55. If the momentum continues, $55 could become the next target level based on recent highs and round number psychology. 3. MACD and Volume Indicators The MACD shows bullish momentum with a recent crossover, confirming upward direction. However, the MACD could turn neutral if volume drops significantly, as profit-taking often follows a sharp increase. Volume today was above average, but observing volume during tomorrow's session will be critical. If volume remains elevated, it may indicate continued interest; a sharp decline in volume could suggest a cooling period. Suggested Trading Strategy for After a First-Day Bull Run A. Intraday Strategy for Possible Continuation Entry: Consider buying on a breakout above $51.60 if the price moves upward with strong volume, aiming for a target near $55. Stop Loss: Place a stop around $48 to minimize losses if the breakout fails. Target: Look for a potential move toward $55 if momentum sustains. B. Profit-Taking or Retracement Play If PLTR opens lower and fails to reclaim today’s high, a pullback to $47 or even $45 could offer an entry point for those looking to trade on dips. Look for consolidation in the $48-$50 range to build a position if PLTR holds support. This could provide an opportunity for a secondary move upward as buyers re-enter. C. Swing Trade or Short-Term Hold If the bullish momentum continues, holding PLTR for a few days may be profitable. However, a tight trailing stop near recent support levels can help protect gains if the rally fades. After the first-day surge, be cautious of a potential pullback, especially if volume diminishes. Moving stops to breakeven after a profitable move can help lock in gains. Summary and Directional Outlook PLTR’s strong performance today suggests bullish sentiment, with potential for further upside if momentum holds. Breaking above $51.60 with volume could lead to a continuation toward $55. However, if profit-taking sets in, support levels near $48 and $45 may provide dip-buying opportunities. Traders should keep a close eye on volume and price action to gauge the strength of the move in the coming sessions. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult with a financial advisor before making trading decisions.
NYSE:PLTR
by BullBear-Insights
Palantir’s Next Move: Key Levels to Watch for Tomorrow! Nov. 4,1. Trend and Price Action: PLTR is currently in a descending channel, reflecting short-term bearish sentiment. The recent price action shows lower highs and lower lows, indicating that sellers are still in control. The stock is trading below its moving averages, suggesting continued pressure to the downside unless a reversal occurs. 2. Support and Resistance Levels: Immediate Resistance: Around $45.07 - $45.75, a key level that could act as a barrier if PLTR tries to rally. Immediate Support: Around $40.80, a level that has held previously and could offer a potential buying opportunity if tested again. Additional Support: Near $40.00, providing a psychological floor if bearish momentum intensifies. 3. Volume Analysis: Volume has been relatively consistent, but no significant buying pressure has emerged yet. Watch for increased volume at the key support levels, as it could signal potential accumulation by buyers. 4. MACD Indicator: The MACD is currently in a bearish stance, with the MACD line below the signal line. This suggests downside momentum, though any crossover could signal an early sign of reversal. 5. Price Action Setup: Bullish Scenario: If PLTR breaks above the upper descending trendline, especially with strong volume, it could push toward the resistance around $45.07. A breakout above $45.75 would signal a stronger reversal. Bearish Scenario: Failure to hold above $41 could lead to a test of $40.80 and possibly even $40.00. A breakdown below these levels would reinforce the bearish trend. My Thoughts: Current Bias: Cautiously bearish unless PLTR can show signs of breaking out of its descending channel with increased volume. Suggested Approach: Watch for price action around the key support and resistance levels, and consider using tight stops due to the volatile nature of this setup. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading stocks carries risk. Always conduct your own research or consult a financial advisor.
NYSE:PLTR
by BullBear-Insights
Palantir will move after earnings so hold tight ! As long as Palantir remains within the upward channel, it’s still in play! There’s an imbalance guiding the price, preventing it from dropping. We’ve seen the price attempt to go up twice already, so as long as Palantir stays within the channel and respects the imbalance, I’m quite confident it will make a third attempt to break the high. On the other hand... We have the earnings report coming up Monday pre-market, so whatever happens at the open, we’ll know which direction the price will take based on the report’s results. Keep a close eye on this! Best regards.
NYSE:PLTR
by RocketMike111
PLTR: Taking a fresh look. More bullish than before!PLTR chart has been bullish for a while and the recent price action looks very much like a wave 3 of some degree. This made me rethink my previous count that I was tracking as an expanding ending diagonal for wave 5 of c of various degrees of wave 5s to complete intermediate wave 1. But that started to look a bit unrealistic. Wave 5 was getting bigger than the 2x extension of waves 1 and 2. Taking a second look to terminate intermediate wave 1 at the March high. This gives us a very short and shallow intermediate wave 2 correction ending in May. This makes the rest of the price action pretty bullish, even though the minute degree wave 2 of Minor degree wave 1 came in very deep. Let's ignore that situation, as it was very quick correction, and price has moved very quickly and very far without any major dips since. And if this bullish count is correct, then price should not come down to orange line $33.13 until minute degree waves 3, 4 and 5 are complete. Price should hit a few all-time highs to around $60 area before we see a sizable dip. However, that dip should not violate the red line at $20.65. If all goes well, the huge wave 3 of 3 will start that should take the price to the moon. This count is wrong if price goes below $33.13 before the 5-wave minute degree sequence is complete. I will go back to my previous, now somewhat awkward looking count to end intermediate 1 brace for a much bigger wave 2.
NYSE:PLTRLong
by mukit1
2
PLTR Technical Analysis for Nov. 1, 2024Key Levels Support Levels: $40.80: This recent low could serve as the nearest support, where buyers may show interest. $38.03: Further down, this level represents a stronger support if price action sees a steeper decline. Resistance Levels: $42.06 - $43.00: This range acts as the immediate resistance zone; breaking through here could signal a stronger bullish move. $45.06: A key level for medium-term resistance, also aligning with the previous high on the chart. Price Action and Trends The current price action shows a downtrend with lower highs and lower lows. However, PLTR has recently seen a slight recovery attempt, with MACD showing a potential crossover, suggesting a possible reversal or bounce. Entry/Exit Points Entry: If the price can break and hold above the $42.06 resistance with a surge in volume, it could provide a long entry, with a target towards $43 or higher. Alternatively, if it tests and holds support near $40.80, a long entry may also be considered. Exit: Look to scale out at $43 and possibly at $45.06 if momentum supports the trade. A break below $40.80 may invalidate a bullish setup. Additional Thoughts MACD Crossover: The MACD is showing signs of a potential bullish crossover, which could indicate a short-term upward momentum shift. However, volume confirmation would be crucial for any sustained move. Volume Analysis: There was a recent increase in sell volume, which may warrant caution. Watch for buy volume to confirm a reversal. Disclaimer This analysis is for educational purposes only and should not be considered financial advice. Trading involves risk, and it’s essential to conduct your own research or consult a financial professional.
NYSE:PLTR
by BullBear-Insights
I CALLED THE $PLTR TOP! Down 8% since. Here's where we are goingNYSE:PLTR CALLED THE NYSE:PLTR TOP AS WELL! Down -8% since. Here's where we are going The thesis explained below: 1.) Williams R% had a down slop if you drew a line from the 01JUL2024 top to the most recent 21OCT2024 top. It hit this top 4 times since the first one and everyone was lower indicating resistance and lower tops. 2.) You have a Multi-year CUP on the weekly without a handle formed. We need to form that handle before we go higher that coupled with valuation and the stock price getting ahead of the company's numbers is another reason that plays into this. 3.) The handle would be a perfect little handle with a Volume profile gap fill down to the next volume shelf at $36.50-$37.50. 4.) RSI was in overbought area and finding multiple tops with resistance. Also, it was hitting and rejecting off the same top as previous ATH's back in Jan2021. 5.) Double top on the stochastic and red through yellow downward. 6.) Just shows the date I called it out which was Sunday. Also, time stamped on my repost here. 😁 Thanks for reading! I hope you enjoyed my reanalysis of a thus far predicted pullback. It may not hit my target but that's not the point. The point is being able to realize when something is lining up to turn against you or turn with you to the upside. Also, to realize the fakeouts in the market like what I believe the pullback is on the NASDAQ:QQQ which I made an in depth video going into depth about just like this one. It's pinned on my profile if you haven't seen it yet. LIKE l FOLLOW l SHARE NFA
NYSE:PLTRShort
by RonnieV29
PLTR: A Dangerous Top Signal Appears!Key Observations: Daily Chart (Left) Inflection Point: The price has fallen back, approaching an inflection point around $40.36 after failing to sustain momentum above the recent high at $45.00. This area could act as a short-term support, and any further weakness below it could signal a potential shift towards bearish control. EMA Support: The daily chart shows the 21-day EMA as a potential dynamic support near the inflection point. There is still time for PLTRT to react, but for now, there is no bullish signal around. Weekly Chart (Right) Bearish Engulfing Pattern: A bearish engulfing candlestick pattern has formed near the all-time high around $45.00, signaling potential bearish reversal pressure at a major resistance level. This pattern often suggests that sellers have overwhelmed buyers, which could lead to further downside or at least a consolidation phase. According to Bulkowski's studies, a BE reverses the trend 79% of the time, so it is a quite powerful candlestick pattern, and we shouldn't ignore it (Encyclopedia of Candlestick Charts). Long-Term Uptrend: Despite this bearish signal, PLTR has been in a strong uptrend on the weekly chart, supported by the 21-week EMA, which is currently below the price. Any correction from here might still be viewed as a pullback within a broader uptrend unless key support levels break down. Conclusion: PLTR's chart shows short-term bearish signals, particularly with the bearish engulfing pattern near the all-time high. Watch for support around $40.36 and the 21-day EMA as critical levels for short-term sentiment. The long-term uptrend remains intact, but this could be a phase of correction or consolidation. In order to avoid a bearish scenario, PLTR needs to react, above the $40, and break the $45, maintaning the price above this level on the wekly chart. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NYSE:PLTR
by Nathan_The_Finance_Hydra
5
PLRT Technical analysis for Oct. 30, 2024Price Action and Support/Resistance Levels Support Levels: $44.04: This level has been tested multiple times recently, showing strength as a near-term support. $42.06: Major support, which has been previously tested, could serve as a strong base if prices drop below the upper levels. Resistance Levels: $45.22 to $45.50: This zone seems to be a significant resistance area where price has recently consolidated and tested several times. $45.75: An immediate resistance level with potential for a breakout. Entry/Exit Points Scalping: Long Entry: A breakout above $45.50 with confirmation (high volume and candle close above resistance) could provide a quick scalping opportunity. Target levels would be $45.75 and $46.00. Short Entry: A rejection near $45.22-$45.50 with decreasing volume could signal a short opportunity. Exit points could be $44.50 and $44.04. Swing Trading: Long Entry: If price holds above $44.04 and breaks out above $45.50, a swing trade to the $46.50-$47.00 zone could be considered. Short Entry: If price breaks below $44.04 with momentum, a swing short targeting $43.00 or even $42.06 is a possibility. Expected Direction Given the consolidation near the upper resistance levels, PLTR may attempt to push higher if it clears $45.50. However, failure to break out could lead to a retracement toward support levels, especially if broader market sentiment is negative. Disclaimer This analysis is for informational purposes only and not financial advice. Trading stocks carries risk, and past performance is not indicative of future results. Always conduct thorough research and consult a financial advisor before trading.
NYSE:PLTR
by BullBear-Insights
5
PLTR Technical Analysis for Oct. 29, 2024Ascending Channel: PLTR is trading within an ascending channel, which suggests an upward trend. The upper and lower boundaries of this channel are marked by the white trendlines. If it holds within this channel, it may continue trending up. Key Levels: Resistance: Around 45.75, as marked by the upper red line, has acted as a resistance level, where price has faced rejection multiple times. Support: Near 44.68, where the price has been consolidating. If this level holds, it could serve as a springboard for an upward move. Additional Support: Around 42.06, which is a stronger support zone. A break below 44.68 could lead the price to test this lower level. Volume Analysis: Volume spikes align with moves toward the upper channel, indicating buying interest. However, recent volume appears lower, suggesting indecision or consolidation before the next major move. Momentum Indicator: The MACD at the bottom reflects a neutral position, implying balanced buying and selling pressure. Watch for a crossover or divergence to signal a potential shift. Outlook: If PLTR breaks above the 45.75 resistance, it may continue to rally toward 47. However, if it breaks below the 44.68 support, look for a potential retracement towards 42. Monitor the channel boundaries closely. A breakout above the channel could signal bullish continuation, while a breakdown might indicate a reversal or deeper pullback. Let me know if you’d like a more detailed analysis. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider consulting a financial advisor before trading.
NYSE:PLTR
by BullBear-Insights
6