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PLTR: Good QR! More upside in upcoming weeks

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Technically, PLTR is in an uptrend now with registered higher high and higher low.

The good quarterly report today pushed price up to an intermediate resistance. Might see a pullback to close the gap, but that could mean better entry for us.

Target profit 1 set at $27 i.e. next resistance.

Will observe price action again to see if target profit 2 ($31 area) is a good target.

Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.

If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
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The gap up today also broke what was supposed to be a down cycle. This usually signify strong momentum.

Unless strong selling pressure comes back in before the today's close, this long bias is still valid.
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Chart PatternspalantirPLTRpltrlongTrend Analysis

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