Atualizado

Possible PLTR short squeeze?

On the 30 minute chart, the RSI is 29 indicating PLTR is oversold, the MACD is having a bullish divergence, Bollinger bands are still relatively tight, and volume on the downward move is very low meaning the downtrend is not yet confirmed. Any positive news could be a catalyst for a massive move to the upside. If not, we will likely see PLTR continue to fall to its nearest short-term support at around $21.
Nota
Quick update: I forgot to mention the breakout of the bullish pennant to the downside, which is bearish. Just keep in mind the low volume means we shouldn't be too confident that PLTR is in a downtrend just yet.

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