$Palantir Technologies Inc.(PLTR)$
$PLTR Analysis & Trade Idea Palantir is currently trading at $83, with key support around $80 and resistance sitting at $91. The recent sell-off from February’s highs has brought the stock down 33%, but is there a bounce coming? Let’s break it down. Bullish case: If PLTR can reclaim $91 and hold above it, we could see a push toward $125+ in the coming months. This would confirm a trend shift and open up more upside. Bearish case: If the market remains weak and PLTR rejects at $91, a move down to $72, or even $63, is possible. Watch for price action near these key levels. Overall, I’m neutral, slightly leaning bullish due to oversold conditions on QQQ. However, confirmation is key—no breakout, no trade. Be patient and let the market decide. What’s your take? Bullish or bearish?
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- village5576·2025-03-19Great analysis! I'm excited to see where this goes! [Wow]LikeReport
- zingle·2025-03-19Interesting indeedLikeReport