Palantir Technologies (PLTR) — Bounce in Progress?

2 Tem

PLTR is testing a long-term ascending trendline near the $128.79 level, which also aligns with a horizontal support zone. A potential rebound is forming with a projected move toward $145.94 — a +13.32% gain in 12 days.
Technical Highlights:
• Support zone: $128.79 (trendline touch + horizontal level).
• Stochastic Oscillator: Deep in oversold territory — bullish crossover forming (green arrow).
• Bollinger Bands: Price pierced lower band — reversion to the mean is likely.
• Volume: Stable, with room for momentum pickup.

Targets:
• First resistance: $134.71
• Primary target: $145.94
• Stop level: below $127 (to invalidate bullish thesis)

evvelsi gün

İşlem kapandı: hedefe ulaştı

Goal achieved — 12.6% in 12 days. Excellent!
But of course, this is not the end — I believe the outlook is very promising.