We have several interesting signs here. First, the 30min is too oversold, we went outside the BBs today, and thereโ€™s no way it would keep falling in this situation. The RSI is at 25 rn, but it was at 17 during the morning.

We donโ€™t see any good buy sign around, and we canโ€™t see a bullish candle, but we have some points to bear in mind when we look at the 4h chart.

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The 22.82 and the 22.37 are our main support levels for PLTR, and by analyzing the oversold RSI at 26, thereโ€™s a good chance itโ€™ll hold here.

We have no confirmation yet, but at the first bullish candlestick we see around we must stay alert, as this might reverse the trend! Iโ€™ll keep you guys updated!

If you liked this trading idea, remember to click on the โ€œFollowโ€ button to get more trading ideas like this, and if you agree with me, click on the โ€œAgreeโ€ button ๐Ÿ˜‰.

See you soon,
Melissa.
Technical IndicatorspalantirPLTRSupport and ResistanceTrend Analysis

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