I have been monitoring Palantir for quite some time. Even though I can't fully understand the business model (yes, they have 21 big customers), I wasn't too sure if it will sustain the revenue stream. But what I am certain is that the chart tells me stories
Some the first glance, you will see a reverse head and shoulder, with the price now sitting at the neck line which is almost approaching 26.65, plus or minus a few cents. The momentum looks strong at the RSI is in the buying zone, bullish divergence in MACD and the price chart is above EMA , 20, 50, 100, 200.
Actually you can also argue that you see adam and eve..
i particularly like it when the price touch the support of 0.236 as the price retracement is even stronger.
let's see how it goes. But I am very bullish in this stock for this moment TP 1 at $ 31 and TP at $38.
Please press like or follow if you like the ideas. It's a strong motivation for me
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.