Mar. 9 at 5:48 PM
Palantir Technologies
$PLTR has seen a strong bounce off of its rising, long-term trend-line, going back to '24, and aided by the recent bounce in software stocks as a whole. But what gives me some concern here is the resistance developing at the 50-day and 200-day moving average, and there is a solid history with those two moving averages over the years, making it a consequential test. Consolidation and a break above both MA's would create a scenario where it tests the upper 170's next.
