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v4runs
Jul 2, 2021 8:01 PM

PLTR - 2 scenarios, 1 likely  Long

Palantir Technologies Inc.NYSE

Description

There are two scenarios as the trend lines show.

White lines suggest the bearish path. The yellow trendlines suggest the continuity of price moving upwards and forwards. In my opinion, the retail investors have already reacted to the news of CW selling PLTR stocks and as such we have reached the bottom already. Sellers have hence exhausted their potential. Bulls should take control and move the price up (just look at the yellow trendlines).

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Comment

Price respecting trendlines as predicted. Slow and steady upward movement for now.
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