Palantir (
PLTR) just closed at $122 after hours, and the technicals are lining up for a potential $131 breakout in the short-term (1–2 weeks). Here’s why:
Technical Backing:
RSI (14): Currently at 68 — entering momentum territory, but not yet overbought.
MACD Histogram: Flipped green with strong separation — bullish continuation expected.
Volume Profile: Highest accumulation zone between $118–$120. Price now firmly above it = breakout ignition.
Fibonacci Extension (1.618): Targets $131–$133 range from previous $110–$122 leg.
Breakaway Gap on earnings — not filled = strength confirmation.
Fundamental Backing:
AI sector strength + strong earnings momentum.
Massive crowd interest + institutional inflows confirmed by volume.
Target: $131
Support: $119
Confirmation: $124 daily close = go time.
As Always Safe Trades and JoeWtrades
Technical Backing:
RSI (14): Currently at 68 — entering momentum territory, but not yet overbought.
MACD Histogram: Flipped green with strong separation — bullish continuation expected.
Volume Profile: Highest accumulation zone between $118–$120. Price now firmly above it = breakout ignition.
Fibonacci Extension (1.618): Targets $131–$133 range from previous $110–$122 leg.
Breakaway Gap on earnings — not filled = strength confirmation.
Fundamental Backing:
AI sector strength + strong earnings momentum.
Massive crowd interest + institutional inflows confirmed by volume.
Target: $131
Support: $119
Confirmation: $124 daily close = go time.
As Always Safe Trades and JoeWtrades
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FREE Patreon Access
AlphaPulse Luxury Suite Indicators
Quantum Day & Swing Trading Assistant Bots
Coaching, Breakouts
Live Trading Signals, Options, Live Charts
Chart Analytics,
Stock & Crypto Chat
patreon.com/JoeWtrades/redeem/BFC08
AlphaPulse Luxury Suite Indicators
Quantum Day & Swing Trading Assistant Bots
Coaching, Breakouts
Live Trading Signals, Options, Live Charts
Chart Analytics,
Stock & Crypto Chat
patreon.com/JoeWtrades/redeem/BFC08
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.