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wavepoint99
May 14, 2023 5:24 AM

PLTR - Horizontal Trend Channel Long

Palantir Technologies Inc.NYSE

Description

- PLTR is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
- A decisive break of the resistance at 11.19, ideally with an increase in volume, signals a further rise.
- PLTR is between support at 8.80 and resistance at 10.30.
- The volume balance is positive and strengthens the stock in the short term.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN

Verify it first and believe later.

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