PLTR to $131 Incoming? After-Hours Says Yes.

Palantir () just closed at $122 after hours, and the technicals are lining up for a potential $131 breakout in the short-term (1–2 weeks). Here’s why:

Technical Backing:

RSI (14): Currently at 68 — entering momentum territory, but not yet overbought.

MACD Histogram: Flipped green with strong separation — bullish continuation expected.

Volume Profile: Highest accumulation zone between $118–$120. Price now firmly above it = breakout ignition.

Fibonacci Extension (1.618): Targets $131–$133 range from previous $110–$122 leg.

Breakaway Gap on earnings — not filled = strength confirmation.

Fundamental Backing:

AI sector strength + strong earnings momentum.

Massive crowd interest + institutional inflows confirmed by volume.

Target: $131
Support: $119
Confirmation: $124 daily close = go time.

As Always Safe Trades and JoeWtrades

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Target has Been Hit We Will update Shortly With Its New Target

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