PLTR: Bullish Momentum with Caution
🔥 Potential Price Targets:
🩸 Near-term Goal: $72.92 (1-2 months)
🩸 Long-term Goal: $80.00 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $67.26, targeting $65 and $60. The MACD remains positive, but shrinking histogram bars indicate weakening momentum, which could lead to a short-term pullback.
🩸 Long: Above $72.92, targeting $80.00 and $85.00. The price is above both the 9-day and 200-day EMAs, indicating a strong bullish trend, but caution is needed due to potential weakening momentum.
🔥 LucanInvstor's Commands:
🩸 Resistance: $72.92 — A critical resistance level; a break above this could lead to further upside.
🩸 Support: $67.26 — A key support level; a breakdown below this could trigger further declines.
Palantir is in a bullish setup, with strong long-term momentum confirmed by the MACD and EMAs. A breakout above resistance could lead to further upside, while a breakdown below support may lead to a pullback.
👑 "Clarity in direction ensures progress."
🩸 Near-term Goal: $72.92 (1-2 months)
🩸 Long-term Goal: $80.00 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $67.26, targeting $65 and $60. The MACD remains positive, but shrinking histogram bars indicate weakening momentum, which could lead to a short-term pullback.
🩸 Long: Above $72.92, targeting $80.00 and $85.00. The price is above both the 9-day and 200-day EMAs, indicating a strong bullish trend, but caution is needed due to potential weakening momentum.
🔥 LucanInvstor's Commands:
🩸 Resistance: $72.92 — A critical resistance level; a break above this could lead to further upside.
🩸 Support: $67.26 — A key support level; a breakdown below this could trigger further declines.
Palantir is in a bullish setup, with strong long-term momentum confirmed by the MACD and EMAs. A breakout above resistance could lead to further upside, while a breakdown below support may lead to a pullback.
👑 "Clarity in direction ensures progress."
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