1- Closing above resistance level (Flat Top) 2- Increase +70% in trading value in comparison to average weekly trade, and +50% in comparison to monthly trade. 3- Crossing above 20 days EMA. 4- Long bullish candle that covers the buddy of the last 14 candles! 5- Closing above 20 EMA weekly ..!!! * this is not on the chart but It is ranked 4th on WSB mentions today with 600% increase! Please review my last 3 analysis on Palantir:
June 29th, 2021 keep it on your short watch list!
Trading volume Decreased from 140 M to 42 M, which means there is no buyer for Palantir at this level! Wait for a clear short entry!
July 16, 2021: Sensitive level of 21.50 21.50 is the most important level for Palantir to trade. In most cases, it has experienced a 12-27% bounce. This is not a long-term trade setup!
August 5th, 2021: Correction seems finished..!
Comment
⋅
closure between 24.5 - 25 is a good short term idea