PLTR: 50 SMA And Big Cup & Handle

PLTR: 50 SMA And Big Cup & Handle
PLTR: 50 SMA And Big Cup & Handle Palantir Technologies Inc. Class A BATS:PLTR Kochva_ πŸ’‘ Swing setup idea 50 SMA Strategy πŸ”Ž Analysis summary: The stock is coming from the 50-day moving average and reaching support. We can also see a closing big cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point. πŸ‘€ Levels to watch: Entry trigger: Break above $188.60 Target: $269.50 Stop: Under the support πŸ’¬ Will PLTR break through resistance and continue higher? Let me know in the comments! πŸ‘‡ Good luck! ⚠️ Note: This is for educational purposes only and is not financial advice.

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