Over 180 days, PLTR climbed aggressively, fueled by high conviction buying. With candlesticks showing strong green bodies and upside momentum, peaking near the $190 52-week high.
This analysis focuses on the fractal comparison in the chart, forecasting an extended bearish phase that could drag the stock significantly lower before any stabilization.
I predict PLTR enters an extended correction phase. This fractal symmetry suggests the downside could match or exceed the prior upside's duration and magnitude, projecting a measured move toward $65 or lower
This analysis focuses on the fractal comparison in the chart, forecasting an extended bearish phase that could drag the stock significantly lower before any stabilization.
I predict PLTR enters an extended correction phase. This fractal symmetry suggests the downside could match or exceed the prior upside's duration and magnitude, projecting a measured move toward $65 or lower
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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.