Optionspuppy
10-05
I closed $Palantir Technologies Inc.(PLTR)$  ,With Palantir’s (PLTR) current resistance at $40.40, the stock has seen a continued bullish move. Here’s a revised technical analysis based on this updated resistance: Resistance at $40.40: Palantir is now facing strong resistance around $40.40, which represents a key psychological and technical level. This price point marks a crucial barrier where sellers might step in, and it could lead to consolidation or a pullback if the stock fails to break through convincingly. If it breaches this resistance, the next potential target could be $45, where further upside momentum could drive the stock higher. Support Levels: On the downside, if the stock pulls back from the $40.40 resistance, the $35 level should serve as the first line of support, followed by $30, which has previously acted as a strong support zone. These levels are crucial for maintaining the stock’s bullish trend, and a break below them could signal a more significant correction. Momentum Indicators: The stock remains in an overbought zone, with the RSI likely above 70, suggesting a possible near-term pullback. However, strong momentum could keep the stock in this zone for a while if bullish sentiment continues. In summary, Palantir’s next test will be breaking through $40.40; a successful break could signal further gains, but traders should watch for potential consolidation or pullbacks at this level.
PLTR
10-05 14:12
USPalantir Technologies Inc.
SidePriceRealized P&L
Sell
Close
36.00+21.95%
Closed
Palantir Technologies Inc.
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Comments

  • blinky
    10-07
    blinky

    Palantir Technologies Inc. (PLTR) Poised for Growth with AI Infrastructure Demand Surge and S&P 500 Inclusion; Bank of America Raises Price Target to $50

  • Kashcash
    10-06
    Kashcash
    👍✅
  • KSR
    10-06
    KSR
    👍
  • 梓坚
    10-06
    梓坚
    👍👍
  • LawrenceSG
    10-05
    LawrenceSG
    40 liao. wow
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