The bottom is looking well defined is Palantir (PLTR) to head north again?
The bottom is looking well defined is Palantir (PLTR) to head north again?
Recently Palantir stock had been trading the bottom of the daily timeframe channel. With fear subsiding as the channel held, buyers are beginning to show as I expected. Short interest is at a year high and I believe many bears were expecting more downside. The 5 minute chart below shows a consolidation happening at the right shoulder of a promising inverse pattern. Volume is correct for a…
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