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PLTR 2H 2024 Ascending Channel Part 2
PLTR 2H 2024 Ascending Channel Part 2
Summary
With a rising window on 11/5, PLTR exited out of an ascending channel that it had been trading in since late May. . The stock continued to advance and trade in another ascending channel that is continuing into early 2025.
Support at the bottom of the channel has recently been tested with a hammer pattern occurring on 1/2, which aligns with previous support tests from earlier in December.
Key Patterns
11/5 - Rising Window 📚
11/6 thru 1/3 - Ascending Channel
1/2 - Hammer 📚
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