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TheTradingStar
Mar 28, 2024 8:23 PM

$PLTR - $17 Price Target (BEARISH HEAD & SHOULDER) Short

Palantir Technologies Inc.NYSE

Description

A Major Bearish Head & Shoulder has formed. Short at the crack of the neckline. Remember the measured downside = the height from the head to the neckline which is at about $19. There is is also a MAJOR GAP that needs to be filled at around $17, so watch for a continuation for a sell off after the 1st price target has hit at around $19

Comment

Short at the crack of neckline for the leg down

Comment

There is a Bearish divergence

Comment

Bearish Head & Shoulder still intact, heading lower. Watch for the potential at $17

Comment

Bearish Head & Should has cracked, heading lower to fill the gap at $17
Comments
Solaire-chartmeister
I’m definitely buying this at the 200 day MA
TORNADOF5
wtf ware this pump today
TheTradingStar
@TORNADOF5, can't control news/fundamentals. They can invalidate the charts. I just do technical charting here. Could be the news about Palantir Healthcare AI Work Through Parexel Deal?
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