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chiefwils0n
Apr 13, 2021 7:37 PM

Resistance Test + Gap Fill at $32 Long

NYSE:PLTR1D
Palantir Technologies Inc.NYSE

Description

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Greetings All,

PLTR may test resistance at $26, and on breakout, may target a gap fill at $32.

Happy Trading!

Disclaimer. My ideas are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss.  Loss of principal is possible. Exercise your own due diligence.
Trend AnalysisChart PatternsTechnical Indicators
Comments
M_Asim_Qamar
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it tried and failed, lets see how it goes - earning soon
chiefwils0n
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@qamarmu, Hi. Yes, the entire market retraced today, so I'm comfortable with PLTR's movement. But, it did fall from a bullish pennant (bummer)!
space_stocks
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Bounce off the support again Chief, should we expect PLTR to challenge the resistance this time?
space_stocks
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@space_stocks, Also what would be the best calls to target the 32$ gap in your opinion?
chiefwils0n
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@space_stocks, hi... still bearish on the daily tradingview.com/x/RAxgv4aF/, I'll wait till I get the bullish indicators, before choosing the right option.
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