$PLTR bear count not good
The bear count on PLTR is very very bad. Normally the Y will be around the 16.8% extension of X at a minimum, that puts PLTR at 11 a share. I just dont see that happening. Doing an extension off the most recent WXY would put the bottom in the 17-21 range, which I would favor more then going down and seeing 11, but anything could happen.
Note: Only somewhat alright looking indicator I have found so far is the %R - bullish divergence so far
Note: Only somewhat alright looking indicator I have found so far is the %R - bullish divergence so far
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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.