Palantir Technologies completed a bullish "Gratley Pattern" near a strong support area.
The support area that I am watching for the actual price reversal is located between $20 and $21
We may see the price reaction to be strong here.
Targets:
$24.31 or +13.60%
$26.20 or +22.40%
Fundamental Outlook:
The company is performing very well.
Since joining the NYSE, it has only reported gains above market expectations and this is showing solid growth overall.
It should not be forgotten that almost all of their income is from government contracts and this is a full-time job.
Thank you and Good Luck!
The support area that I am watching for the actual price reversal is located between $20 and $21
We may see the price reaction to be strong here.
Targets:
$24.31 or +13.60%
$26.20 or +22.40%
Fundamental Outlook:
The company is performing very well.
Since joining the NYSE, it has only reported gains above market expectations and this is showing solid growth overall.
It should not be forgotten that almost all of their income is from government contracts and this is a full-time job.
Thank you and Good Luck!
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