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$PLTR
Palantir Technologies Inc.
Long
$PLTR
By AquilaTrading
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May 21, 2023
4
May 21, 2023
PLTR
Currently trading above 50DMA/100DMA/200DMA ;
Golden cross on daily between 50MA (orange) & 200MA (green);
Fibonacci weekly retracement (ATH 45$ > ATL 5.92$) > 0.382 - 0.50 - 0.618 (resistances);
Range breakout : 16th February highs (10.31$) & 13th March lows (7.14$)
.
Generated Fibonacci extensions to spot next potential targets (1.272 ; 1.618 ; 2.618);
In case it pullbacks, bulls want to hold 10.31$ for the next push higher;
Supports
: 9$ psy level, 10.31$ (key level), 11.39 ;
Targets
: 11.39 (1.272) > 12.85/94$ (cluster zone/ 1.618 + 0.382) > 15.29$ (AVWAP) > 16.32 (50% weekly fib retrace) > 18.68 (2.618)
;
ATH 2021 Anchored VWAP(white) at 15.29$.
Chart Patterns
Technical Indicators
Trend Analysis
AquilaTrading
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