mukit1

PLTR: Still looking for a low

NYSE:PLTR   Palantir Technologies Inc.
PLTR stock price stabilized last week. The price action is looking like some kind of a bear flag. From EW perspective, getting another low to hit $19 would make a lot of sense. However, the price is very close to break out of $22.47, which might call for some kind of a messed up ending diagonal end and some messed up leading diagonal start, or need more time to see if the correction is taking some other shape. If price does break below, then $19- $18.5 support should be a buy for at least a decent bounce.

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