FrancescoMerlettini

#PLTR reacts well on 20$ support and closed above yesterday high

Long
NYSE:PLTR   Palantir Technologies Inc.
As I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level.

I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the price reacted reaching an average of 45% increase and I want to think that this might be happening again this time.

Not a financial advice, just personal opinion. Do your own due diligence and good luck!
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