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Palantir: Another Downward Move is Possible
Palantir: Another Downward Move is Possible
We have identified another bearish Harmonic Pattern on our radar.
Upon completion near $33.12, we observed an aggressive price reaction, reinforcing the validity of our pattern. This indicates that sellers were well-positioned around $33, suggesting a correction is imminent.
In a typical scenario, Palantir could decline to around $28. However, in a more aggressive bearish scenario, it could drop as low as $22.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
We have identified another bearish Harmonic Pattern on our radar.
Upon completion near $33.12, we observed an aggressive price reaction, reinforcing the validity of our pattern. This indicates that sellers were well-positioned around $33, suggesting a correction is imminent.
In a typical scenario, Palantir could decline to around $28. However, in a more aggressive bearish scenario, it could drop as low as $22.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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