Following the Feb 1 setup, PLTR continues to respect the 145 level as a key neckline.
The recent rebound was rejected at this resistance, reinforcing the developing head-and-shoulders structure. As long as price remains below 145, bearish momentum is likely to persist, with downside risk toward lower support zones if weakness continues.
The recent rebound was rejected at this resistance, reinforcing the developing head-and-shoulders structure. As long as price remains below 145, bearish momentum is likely to persist, with downside risk toward lower support zones if weakness continues.
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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.