Palantir - A devastating -40% drop!

🤬Palantir (PLTR) is nicely heading lower:

After publishing the original analysis, Palantir already created a nice move lower of about -25%. But looking at all the bearish pressure, this move does not seem to be over soon. Instead it is quite likely that Palantir keeps dropping for another -20% move.

$100

🤬Palantir (PLTR) still remains bearish:

Yes, Palantir is still not done rejecting the major all time high resistance. And the last time Palantir created such a strong bearish engulfing candle was all the way back in 2022. I think that we all can remember that Palantir dropped -35% afterwards.

$200 and $100