$PLTR
The price has been moving sideways for a while now. The lower box (Range Low) is an old daily imbalance zone, and whenever the price hits this area, it typically reacts accordingly. As long as we don't see a heavy breakout from this zone, it can be used for long trades.
Right now, I'm anticipating the price to pull back into this area again and then reclaim it. If confirmation occurs as I've outlined, I could see it appreciate up to around $170.
#Palantir
The price has been moving sideways for a while now. The lower box (Range Low) is an old daily imbalance zone, and whenever the price hits this area, it typically reacts accordingly. As long as we don't see a heavy breakout from this zone, it can be used for long trades.
Right now, I'm anticipating the price to pull back into this area again and then reclaim it. If confirmation occurs as I've outlined, I could see it appreciate up to around $170.
#Palantir