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Cup & Handle on the Daily
The Daily chart continues to show an upward trend with bull volume being higher on average. The support at the $20 range has held and it looks like we will be making a push to $30 by the end of August/September.
In my opinion this looks like a large cup and handle. Palantir as a company has received government contracts, and with the A.I space only growing. Palantir has positioned itself as a future long-term partner of the United States government along the likes of Northrop Grumman or Raytheon.
In my opinion this looks like a large cup and handle. Palantir as a company has received government contracts, and with the A.I space only growing. Palantir has positioned itself as a future long-term partner of the United States government along the likes of Northrop Grumman or Raytheon.
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