#PLTR #AMD #NFLX Weekly Stocks Technical Analysis + Fundamental Headline News
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. Price has taken liquidity above the highs at 14.86 and is unable to close above. There is a high probability that price will make a bearish retracement from here if we get a good confirmation. However, with the strong bullish momentum, it will be best to wait for a retracement if you want to long, instead of shorting to your entry level.
Price playing out nicely as analyzed last week, giving us a 7.22% move in price. No changes to my expectations, expecting price to continue lower with the 2 bullish POI marked below as potential targets.
Price playing out nicely as analyzed last week, giving us a 5.7% move to the upside. No changes to my expectations still, expecting price to continue higher with the bullish momentum. I'd expect some bearish retracement too, before climbing higher.
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.
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.
The RSI is at 65.33, which is in the overbought range. The MACD is positive and is above the signal line, which is a bullish signal. The stochastic oscillator is also in the overbought range. $Palantir Technologies Inc.(PLTR)$
$Palantir Technologies Inc.(PLTR)$ is trading above its 50-day and 200-day moving averages, which is a bullish signal.
PLTR is trading in a bullish trend and is likely to continue to rise in the near future.
Great ariticle, would you like to share it?