PLTR gaps below upward trend line showing last few days as a false breakout with price exhaustion

  • horizontal support forms. Once PLTR breaks below this and holds, more selling to come
  • RSI pushes below SMA showing validation with the move.
  • Volume increasing on the gap also giving validation to the recent move down


We should start to see more weakness in the stock going forward for a little bit.
gapdownOscillatorsPLTRSupport and ResistanceVolume

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