as you see on the chart palantir is ranging in a expanding triangle pattern wich is not bearish or bullish.
but an expanding triangle stands for uncertainty in the markets, wich mostly turns bearish.
for palantir now its a bad time to step in, it would be to much of a gamble.
waiting for a breakout above to go long or a breakout down to go short would be the smartest move to make here
but an expanding triangle stands for uncertainty in the markets, wich mostly turns bearish.
for palantir now its a bad time to step in, it would be to much of a gamble.
waiting for a breakout above to go long or a breakout down to go short would be the smartest move to make here
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.