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walaoyou
Jan 28, 2021 5:01 AM

PLTR Analysis  Short

Palantir Technologies Inc.NYSE

Description

Given the recent rally of RLTR is based on the PLTR DAY as well as the short squeeze frenzy from GME and other "meme" stocks.

Using the fibonacci retracement graph I have correctly predicted the price drop back in Dec. Similarly there will no particular news regarding the share price increment.

I have therefore predicted that the recent rally will lead to a downward trend back to a target price of 30 range.

Cheers, invest safe as always.
Comments
rob_mac
You were spot on, the price acted similarly, to point where it tested the 0.618 retracement 2 times before dropping further like the previous retracement in December.
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