$Palantir Technologies Inc.(PLTR)$
Indicators used:
(1) BOLL Bands: The price is currently trading near the lower band, suggesting a potentially oversold condition.
(2) MACD: The MACD line is below the signal line, indicating a bearish trend, but it's trending closer to the signal line, hinting at potential weakening of the bearish momentum.
There's a broken support line, which could now act as resistance around 17.81
Overall, this suggests a short-term bearish trend with potential signs of a possible shift in momentum.
Disclaimer: This isn't a recommendation for investing in this stock. This is based on personal observations and should not be taken as stock tip.
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Comments
Well written š