Updated outlook on Palantir (short term vs longterm)
Palantir bullish trend has been severely damaged in last 5 trading days.
Palantir broke its main bullish trend line and at the very same time Classic Gann Top Swing appeared in the chart.
I believe in short time Palantir is not a buy..! However it could be possible to experience a pullback to 30-31 USD.
Most important resistance level: 30-31
Most important support level : 21-23
Palantir broke its main bullish trend line and at the very same time Classic Gann Top Swing appeared in the chart.
I believe in short time Palantir is not a buy..! However it could be possible to experience a pullback to 30-31 USD.
Most important resistance level: 30-31
Most important support level : 21-23
Trade active:
If it could not close the next week above 31, there will be another down leg
