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Otorotrading
Sep 9, 2021 5:39 AM

PLTR at global support Long

Palantir Technologies Inc.NYSE

Description

PLTR currently bouncing off strong support at the global POC, anchored VWAPs from ATH/ATL and local 0.66. I would expect this to trade to the weekly level before hitting next level of resistance. If this is breached, can see a retest of the VAH but more likely will fall back into the range.

On the bearish side, if lose POC, then would expect big drop to monthly, VAL or even retest the May lows.
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