HassiOnTheMoon

PLTR: May be breaking trend its been on since IPO

Long
NYSE:PLTR   Palantir Technologies Inc.
On the daily - and hopefully the weekly to follow - it's a parent that there's been decreasing momentum since the stocks inception. At the moment we are coming up to a trend line on the RSI which has yet to be broken. In addition to what seems to be a bottom, we may see a trend reversal bolstered by so much momentum coming in as shown in the RSI and macd. The macd looks like it's ready to cross the zero line which would further support the thesis that we are entering into a trend reversal since the previous earnings call.

Hopefully it's a long-standing bull run and we can reach new highs.

This is not trading advice but anything under 16 is good for me as a long term holder.

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