SamSuka
The Long Investor
The Long Investor

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$PLTR TOP 20

$PLTR has jumped from $16 to $23 now post earnings and although it is following our normal chart very well.....I must highlight this bearish chart as a balance because this bearish channel now has developed in the meantime.

The price is just testing the top level of the channel and the blue line which was a support line in 2021.

So a break out above this level at $23.20 and holding above this level and the bearish formation is not a concern.

A rejection here then we need to monitor this closely....a pull back to the bottom yellow line is a possibility.

$PLTR TOP 20

Comments

Are you expecting a pull back soon?

Danielstocks#7923

Broke above

makis


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