So PLTR finally hit the support at 24.52 and look how it couldnโt close the first candlestick above the resistance at 25.05. And some people donโt like TA!
We have a weak bullish divergence on the RSI and the BBs are getting tight again! Soon PLTR will explode again, and I think itโll go up.
It is pretty oversold in the 4h chart too, but the thing that it is missing here is confirmation. We have no good bullish pattern around here, just a few indicators telling us that this could go up next.
PLTR is not a buy yet, but itโll be soon. Letโs calmly wait for our chance. Iโll keep you guys updated
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