Sell signal · Week 21 · Palantir Technologies
Palantir: double bottom forming but resistance holds firm
Sell signal · Week 21 · Palantir Technologies
In Summary
At week 21 of an active sell signal on Palantir Technologies, the stock marks a technical pause: after the sharpest week of the cycle (−13.4% with sell volumes at 95%), last week nearly stabilized. The key element is a daily double bottom in the 126 area that generated a 9% rebound, while resistance above the 135 area continues to reject firmly. The overall decline from signal inception exceeds 24%.
IQS Phase
67
in tension
Signal Strength
22
indecisive week
Sizing
MINIMUM
Ranking
#65 / 119
US stocks
Trade P&L %
+24.25%
from signal to today
restricted Platinum content