$Palantir Tech(PLTR.US) is clearly moving ahead of some expectation; there should be substantial negative news. The price action over the past two days has been devastating. I won't consider opening a position in the short to medium term; I'll wait for it to bottom out.
$Palantir Tech(PLTR.US) perfectly touched the descending trendline and then formed a high-volume bearish candlestick, even when the broader market was performing well. No fundamental issues can be seen, but the price action problem is too significant; I won't initiate a long position here.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
