If you find my post helpful, I’ll be grateful and appreciate it if you could leave me a like on this post, and follow me for future posts like this.
$Palantir Technologies Inc.(PLTR)$
Price consolidated since my last analysis. From the recent price action on the lower timeframe, we can see that price is building sell-side liquidity. Price also took liquidity at 16.84 and is unable to close above. There is also a lower timeframe fair value gap at 16.02 to be filled. Won't be surprised if price make another bearish move before continuing with the bullish order flow. No changes in my expectations.
Price played out nicely as analyzed last week, giving us a +18.89% move to the upside. As price is currently in an all-time-high scenario, price is more likely to continue higher with the bullish order flow. Of course, we can expect bearish retracement into the bullish order block at 151.05, but the general direction is up.
Price played out nicely as analyzed last week, giving us a -3.43% move to the downside. Price consolidated for the rest of the week since then. No changes to my expectations, I'm expecting a bearish retracement into the bullish order block at 460.50.
Like, share, and comment if you're holding any one of these companies!
Let me know if you have any tickers you want me to analyze.
Comments