Palantir tech stock analysis -PLTR
PLTR
Breakout of a possible trendline. Weakness signal. Wisest option is to hold.
We are in a possible bullish market that has shown a weakness signal meaning that the prices are ready to go down but, because the major trend is bullish it is too risky to go short now (it would mean to invest against the major trend).
To go long again we should wait the breakout upward of the trendline
PLTR
Breakout of a possible trendline. Weakness signal. Wisest option is to hold.
We are in a possible bullish market that has shown a weakness signal meaning that the prices are ready to go down but, because the major trend is bullish it is too risky to go short now (it would mean to invest against the major trend).
To go long again we should wait the breakout upward of the trendline