PLTR - Massive Divergence on the horizon!
Hello investors,
As we can see, we had a huge Sell-off for a few weeks and today the move to the downside was massive!
Palantir is signing more and more contracts, while the price is falling, which would mean that the only reason for the fall is the over-all bearish sentiment in the market.
We can see the enourmous divergence that we have on the RSI on the 4hr chart and this indicates that we are near the bottom of the fall!
Fundamentals of the company are more than amazing as we are a huge devoleper of an inovative industry, so huge returns are expected once the whole market becomes bullish.
A long-term BUY position is a safe and smart move and since Cathy has been buying the stock a lot during the last few days, she should have acquired an enormous amount of shares today and with that the bottom of this fall is near.
Good luck to all my fellow investors and traders!
As we can see, we had a huge Sell-off for a few weeks and today the move to the downside was massive!
Palantir is signing more and more contracts, while the price is falling, which would mean that the only reason for the fall is the over-all bearish sentiment in the market.
We can see the enourmous divergence that we have on the RSI on the 4hr chart and this indicates that we are near the bottom of the fall!
Fundamentals of the company are more than amazing as we are a huge devoleper of an inovative industry, so huge returns are expected once the whole market becomes bullish.
A long-term BUY position is a safe and smart move and since Cathy has been buying the stock a lot during the last few days, she should have acquired an enormous amount of shares today and with that the bottom of this fall is near.
Good luck to all my fellow investors and traders!
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