PLTR, BOUNCE OFF GOLDEN FIBONACCI?
Palantir Technologies (PLTR) is showing strong potential for growth as it has recently retraced to a key technical support level, often seen as a point where prices reverse and gain upward momentum. The company continues to secure new contracts in both the public and private sectors, which supports its long-term growth outlook. With increasing demand for data analytics and AI-driven solutions, Palantir is positioned to benefit from these trends. Additionally, the stock’s recent retracement into a historically significant price zone could signal a potential price bounce, setting the stage for future upward movement. Investors may find this a prime entry point for long-term growth.
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Disclaimer
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.