PLTR

Palantir: technical analysis and continued monitoring

For several months, Palantir has been trading sideways between $20-$26, with a few failed breakout attempts.

By the SpyStocks desk · 4y ago · 1 min read

$PLTR Part 2 - Continuation and technical analysis:

For several months, Palantir has been trading sideways between $20-$26, with a few failed breakout attempts.

Palantir beat earnings for the fourth consecutive time - but was halted at the resistance line and dropped to $20.

On 11/22 - the stock was halted at the $20 support line.

On 11/24 - the descending resistance line that accompanied us in the last two weeks was breached on the last trading day, and despite the global stock market decline due to "Omicron", the stock maintained the support line.

Nothing stated herein is a recommendation, it is personal opinion only. Anyone using this information does so at their own discretion and responsibility.

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