Palantir breaking downSince PLTR IPO, the price has been ranging in 3 areas.
It appears we are breaking down from the strongest support (bottom on range 2), and will potentially enter the range 1. This level is also coincidental with 61.8% Fibonacci Retracement line.
I would be willing to enter a position for a long-term trade, if we can reach the high of the IPO, which is approximately $11
Thiel
Follow On Monday PALANTIR TECH -another nice Peter Thiel companyanother nice #PeterThiel company to follow :
Palantir Technologies is a public American software company that specializes in big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003.
$16.454 will be a good area to place an order
good to know :
Why Did Palantir Stock Decline 20% Over The Last Month?
www.forbes.com
www.youtube.com
