PLTR – What Earnings Did and What Traders Should Do Next
Palantir Technologies (PLTR) has just reported its earnings, and there’s a lot happening on the chart from a technical standpoint. With the earnings out of the way, we can get back to the technicals of the chart; where the stock could pull back, where it may rally, and how you should trade it.
In this update, I cover:
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Key support zones to watch if PLTR pulls back
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Major resistance levels that could limit upside
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Where to potentially enter if the stock continues to pullback and where caution is warranted
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Overall risk vs. reward based on valuation, earnings and chart setup
If you’re tracking PLTR or considering getting in, this analysis will give you clarity on your next move.
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