Palantir is obeying technical analysis and it is behaving according to the plan.

Today it is breaking the 26.71, the breakpoint that would resume the bull trend, as we talked about I my last analysis. The only thing that could trigger a pullback is if PLTR loses the 26.71 again and make this a false breakout.

But we are good for now, and we shouldn’t worry about what didn’t happen.

snapshot

The problem is that PLTR is overbought in the 4h chart, and if we see a bearish pattern here, it could trigger a pullback. But since we don’t have one, we are ok. 😉

Even if it drops, this doesn’t change our target at 30. I’ll keep you guys update in a daily basis!

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See you soon,
Melissa.
Technical IndicatorsoverboughtpalantirPLTRSupport and ResistanceTrend Analysis

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