Short
PLTR trades on the high end of its range
PLTR shows the recent rally could be reversing soon
We should expect PLTR to sell back down to lower point staying within its trading range to the low $30 range.
- Currently trades high within its range
- If stock breaks above its upward trend that would be a great time to get out
- Volume consistently decreases as price increases, this create disagreement in the trend
- RSI also shows divergence by declining as the price increases
We should expect PLTR to sell back down to lower point staying within its trading range to the low $30 range.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.