Hello Everyone, Followers,
Palantir is the second one for today.
Lets drill down:
📌 Technical Overview
Palantir is trading inside a well-defined rising structure and is currently compressing between:
- Rising trendline support
- Horizontal resistance near range highs
Price is rotating cleanly inside the channel and respecting all major technical levels.
Moving averages are converging — a classic sign of volatility compression before expansion.
🔹 Key Technical Levels
Support
173 – 170 → Rising trendline support
156 → Major structure demand zone (If it hit this level then that would be a quite good price level to buy.)
Resistance
182 - 183 → Short-term resistance
190 → Range high & breakout trigger
197 – 200 → Fib extension zone
208 → Upper structure target
🔹 Outlook
PLTR is coiling inside a rising structure.
These setups usually resolve with strong directional moves once compression ends.
A breakout above 190 would signal trend continuation toward the 200+ zone.
Failure at trendline support would open a move toward 156.
🔹 My Plan
- Watching reaction at rising trendline
- Bullish only on a confirmed breakout above 190
- Otherwise waiting for another clean bounce from support
- No chasing inside the range
Structure always comes first.
If you enjoy and like clean, simple analysis — follow me for more.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all and hopefully green trade day for next Week.
#SPX500 #NASDAQ #PLTR
Palantir is the second one for today.
Lets drill down:
📌 Technical Overview
Palantir is trading inside a well-defined rising structure and is currently compressing between:
- Rising trendline support
- Horizontal resistance near range highs
Price is rotating cleanly inside the channel and respecting all major technical levels.
Moving averages are converging — a classic sign of volatility compression before expansion.
🔹 Key Technical Levels
Support
173 – 170 → Rising trendline support
156 → Major structure demand zone (If it hit this level then that would be a quite good price level to buy.)
Resistance
182 - 183 → Short-term resistance
190 → Range high & breakout trigger
197 – 200 → Fib extension zone
208 → Upper structure target
🔹 Outlook
PLTR is coiling inside a rising structure.
These setups usually resolve with strong directional moves once compression ends.
A breakout above 190 would signal trend continuation toward the 200+ zone.
Failure at trendline support would open a move toward 156.
🔹 My Plan
- Watching reaction at rising trendline
- Bullish only on a confirmed breakout above 190
- Otherwise waiting for another clean bounce from support
- No chasing inside the range
Structure always comes first.
If you enjoy and like clean, simple analysis — follow me for more.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all and hopefully green trade day for next Week.
#SPX500 #NASDAQ #PLTR
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.