$PLTR - Exhaustion Signals

SmartReversals
10-21

$Palantir Technologies Inc.(PLTR)$ - Exhaustion Signals:

Reversal candles like dojis or shooting stars crossing or at the higher Bollinger band have been followed by a pullback. The setup strengthens with RSI above or close to 70.

The latest weekly candle is a hanging man overbought relative to the bands and RSI. Previously 20 weekly average has been the deepest support, in mild cases the 10MA. Like if interested in the monthly setup๐Ÿ’š

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Comments

  • Miketee74
    10-21
    Miketee74
    Waiting for the pullback to buy more! But seems most investors are pushing it to another height to fight with those are trying to cover their โ€œshortโ€ ๐Ÿ˜‚๐Ÿ˜‚
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