I see a good buy opportunity on PLTR .

2021-08-23

Hello traders and investors! Let’s see how PLTR is doing today!

It is impressive, but today’s drop was just a pullback to the previous support at $ 23.69 (we hit $ 23.67), and it is reacting again. The movement was extremely technical, and it looks like a sideways correction, rather than a real sell-off.$Palantir Technologies Inc.(PLTR)$

When we look at the daily chart , we see that PLTR simple can’t drop, but since it wen’t up a lot after earnings , it can’t keep flying. A sideways correction is the best scenario for PLTR , and it is getting closer to the 21 ema now.

Since we are near the 21 ema in the daily chart , and we just retested the support at $ 23.69 in the 1h chart, I see a good buy opportunity on PLTR .

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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