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Palantir: Another Downward Move is Possible

Palantir: Another Downward Move is Possible

We have identified another bearish Harmonic Pattern on our radar.

Upon completion near $33.12, we observed an aggressive price reaction, reinforcing the validity of our pattern. This indicates that sellers were well-positioned around $33, suggesting a correction is imminent.

In a typical scenario, Palantir could decline to around $28. However, in a more aggressive bearish scenario, it could drop as low as $22.

You may find more details in the chart!
Thank you and Good Luck!

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