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)
Trade closed: target reached
Goal achieved — 12.6% in 12 days. Excellent!But of course, this is not the end — I believe the outlook is very promising.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.