PLTR
💪 Palantir is showing resilience by maintaining support near its moving average, despite broader market pressures and distribution.
📊 Unlike some other stocks, Palantir has experienced less distribution, with volume appearing more on positive candles, indicating stronger demand.
🔮 The presenter highlights Palantir’s better performance compared to similar stocks like Hood, suggesting it is a more stable investment in the current market.
@VisionariosBolsa:
“Palantir, for example, is doing better. Palantir, if we notice, breaks the average, yes, but it is fighting, demand is appearing there. Here there were very few days of distribution. Notice that there is volume only in these candles that we have here. We have the fall, there is volume here, but suddenly here there starts to be less volume, and in fact, more positive volume candles start to stand out. We start to stay close to the average, we are there close to the average. In the case of Hood, we do not have this behavior so much. We have a behavior where not only is there distribution here, but also distribution is maintained, distribution with brutal volume candles and very far from the average. Therefore, now we have to fight to recover it. Here a resistance zone could reappear, go back down, it becomes a little more complicated. So, well, I, look, they were two companies that had exactly the same chart, Palantir and Hood, but Palantir is doing much better.”
Watch the exact part of the YouTube video where the stock is discussed below:
View the video on YouTube.
Read more articles analyzing Palantir (PLTR) at the provided link. PLTR stock.
