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
Trade active
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If it could not close the next week above 31, there will be another down leg
Longterm over next 6 months is 30 dollars a good buy in...im not trading just investing long term...thanks
HHSPN
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It's not a buy now but it can be a buy at 21-23, or it's a buy now and scalp at 31 with SL at 21-23? TIA
Dalides
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@HHSPN, End of lockdown for insideres. We should definitly see some lower lows, but I already loaded my cart today at 24.70. GS target is 35, and ARK keeps buying.