ClarenceNehemiah
2023-11-30

I think Palantir $Palantir Technologies Inc.(PLTR)$ is at or near the bottom.

1st target is around $19 (10, where we hit peak volumes on the local profile.

2nd target is anywhere down towards $17 (2) where we hit the previous downward resistance line, as well as the 50 and 100 moving average on the daily time frame.

NOTE - There is the potential of a 3rd target near $15 (3), to fill the daily gap, but I think that's unlikely because if we fall that far, we're likely to retest the 200 moving average (4) near $13.30. And I just don't think that's likely with all of the positive tailwinds behind us, like a solid Q4, business opportunities abounding, and the S&P inclusion narrative screaming at us over the next few months.

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