Palantir Broke out of the bull flag.

Mis à jour
Palantir broke out of the bull flag. Retested the top of the flag and now I believe is on its way up in a small broadening wedge which i believe will take it to $30. If this happens I believe $30 will be a resistance to burst through. Eventually reaching my target price of $42. This is a measured move from the bottom of the cup to the top of the cups neck line, and taking that measurement to the breakout point of the bull flag. There you go $42 target price.
Commentaire
Palantir Price action reaching the $30 mark. I expect a couple of drops when it hits 30ish give or take a few $ down then up to my $42 mark. Not financial advice. These are just potential patterns I see playing out.
Commentaire
Getting close! Palantir is in over bought territory. Will there be enough momentum for a $42 hit? Keep in mind in sept 2007 the fed cut interest rates and about 3-4 months later the GFC commenced.
Commentaire
Target reached
Chart Patterns

Clause de non-responsabilité