PLTR has greatly accelerated it's growth trend lines. Right now PLTR is almost 3 years ahead of it's main long term trend line. What this means is upside potential is diminishing.
I see a lot of long charts for PLTR and wanted to share that support is actually at $134. So if you're a PLTR trader, looking to buy, that's the best area to do it.
If however you're looking to sell, then $230 is your spot.
I feel like people buying PLTR are playing a bit with fire as the fast gains are likely gone and eventually a return to the long term trend line is likely. I don't see that happening at least until IXCO runs into resistance, so until then $134 is the buy area.
Good luck!
I see a lot of long charts for PLTR and wanted to share that support is actually at $134. So if you're a PLTR trader, looking to buy, that's the best area to do it.
If however you're looking to sell, then $230 is your spot.
I feel like people buying PLTR are playing a bit with fire as the fast gains are likely gone and eventually a return to the long term trend line is likely. I don't see that happening at least until IXCO runs into resistance, so until then $134 is the buy area.
Good luck!
Related publications
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.
Related publications
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.