donthavename123

$PLTR #PLTR Re-entry set up

Long
NYSE:PLTR   Palantir Technologies Inc.
I count 4 to 6(depending how you want to count) times the key daily yellow line held as support(white boxes). You can see the significant price action when this line is crossed up or down. This line also coincides pretty closely to the VPVR shaded value area, which is most likely not a coincidence. If you are looking for a swing trade, I would expect the price to reach at least the .618 fib at $20.49, maybe form a hammer or shakeout pattern of some sort before going higher. I personally am not expecting this to have a daily close inside the shaded value area, but I am a long term holder of this stock, so if it wants to dip further I would just buy more, but the double back-test of significant levels is pretty much the holy grail of simple swing trades and this is a pretty obvious one IMO. Not financial advice.
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