Palantir Tech (PLTR) Update

After entering the $ 25 area, the price accelerated to the upside as expected, breaking the resistance trendline.
The support in the $ 20 area remains valid if the price should retrace for a possible addition in the short term.

The RSI rising from the oversold zone.

The stock moved with good volumes, also catalyzed by various weekly news and the participation of ARK invest, see news: https://seekingalpha.com/news/3667503-cathie-woods-ark-invest-adds-34-million -palantir-shares

My mid-long term forecast:

1 target: 33.50
2 target: 40

Having reached the second target I will liquidate part of the profits.

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Lazy Bull

 

 

DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

Lazy Bull
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