PLTR NAS100

in #stock • 2 years ago

PLTR going High
PLTR_2024-10-06_05-35-31.png

The Palantir 1-hour chart exhibits a robust uptrend, characterized by five distinct impulse waves. The potential extension of wave 5 hints at further price gains. However, caution is warranted as the overbought RSI and the price breaching the 200-day moving average suggest an overextended market, potentially leading to a short-term pullback. The color-coded chart enhances readability, making it a valuable tool for technical analysts. While the current trend is bullish, the risk of a correction should not be overlooked.

#us100 #mony
2 years ago in #stock by
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