PLTR
Daily Chart
EMA (Exponential Moving Average): 20 EMA is yet to cross the 50/100/200 EMA... For longterm buys, this is still in the buy zone although this means that the stocks hasn't recovered from the death cross (50 EMA crosses the 200 EMA).
TTM Squeeze: Squeezed ! Momentum is behind the stock... Working to fill the gap down from Feb. 16th.
Fib Levels: Smooth sailing from 0 fib to 1 fib ($10.27 to $13.02). Having trouble holding above the 1 fib . Would it fall back to the 0 level or go parabolic? That is the question. Facing strong resistance at $14.28 and at the next fib level ($14.85). This stock is practically facing a lot of resistance all the way to $29.29
Candle Stick: Summary of last 5 candles equate to a bullish movement. Bullish Pin Bar although ending red isn't too bad...
Pattern: Do you see a double bottom (feb 24th and Mar 15th)? In general, PLTR is still in a falling wedge. Will this double bottom be what reverse the pattern?
News: Sigh, no matter the news, good or bad, this stock just seems to want to trend down.
History: The last 2 earnings have resulted in a downward trend even with great numbers. Everyone and their mama is talking about this stock... Maybe the Wall Street Bets community will bring about a squeeze someday.
Company is worth Trillions with no debt, Great Enterprise customer base but the stock is tanking... hmm...
STAKK
