Palantir is showing weakness in its recent price action. The latest upward moves lack volume confirmation, suggesting reduced buying pressure. Price is consolidating below a key resistance level and the balance of demand and supply favors sellers. As long as price remains below this zone, a continuation lower toward 156 appears likely. Short position maintained with tight risk management.
⚠️ Not financial advice.
⚠️ Not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.