mster
10-12
$Palantir Technologies Inc.(PLTR)$  

PLTR is getting quite a bit of attentions lately. The share price climbed about 25% from its low of 166 just over a month back.  It hits a new high before pulling back as it hits the resistance side of this bullish channel it has been trending since the gap up from last earnings.  

Am expecting the share price to go a little side way to its earnings in about month's time. 

If the share price were to close in the red today  then it might leave a shooting star candle on it daily chart which can be a bearish signal,  let's see how the next few days would be. 🍀

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Comments

  • LisaEffie
    10-13
    LisaEffie
    Chart aside, the setup into earnings is really about whether gross margin can stay this rich and government renewals keep landing. If those hold, a sideways month feels healthy.
  • CynthiaVogt
    10-13
    CynthiaVogt
    Volume is what decides it for me. A shooting star at channel resistance matters only if selling volume expands, otherwise this looks more like a pause into earnings.
  • CHINNY168
    10-19 10:45
    CHINNY168

    Great article, would you like to share it?

  • AuntieAaA
    10-14
    AuntieAaA
    Good
  • CHINNY168
    10-13
    CHINNY168

    Great article, would you like to share it?

  • CHINNY168
    10-13
    CHINNY168

    Great article, would you like to share it?

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