PLTR Stock – Is There Still Room to Run?
Palantir (PLTR) has been making a steady move higher recently, with traders still YOLOing their life savings into the stock looking to ride the continued momentum in the AI space. But with this recent rally, the question becomes: is there still room to run, or is a pullback more likely before the next leg higher?
In the video below, I walk you through the current technical setup on the PLTR chart, highlighting:
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Key support and resistance levels
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Momentum Factors
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Key Trend Lines
- Where I’d personally look to buy if the stock pulls back
PLTR still has strong long-term themes behind it, but trading is about timing and when the stock is this elevated, where you are choosing to get in at will absolutely make or break your trade and that is my focus here.
If you’re watching PLTR or already in it, this will help clarify what comes next.
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