Do you want to know the current price of Palantir and what will happen with the PLTR stock next? On this page, we share the latest news on Palantir and give advice on buying stock or even selling. You will also be able to see the latest Palantir (PLTR) forecast January 2022 from our experts.
Should you buy or sell Palantir stock today? To what levels can stocks rise during January 2022? How much will PLTR stock cost? We have been making forecasts of exchange rates for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account technical, fundamental analysis of stocks, news background, general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for Palantir’s stock, with both up and downside targets.
Palantir (PLTR) forecast January 2022
Palantir quotes continue to move within the fall and the downtrend channel. Here, the ”Triangle” pattern is forming, which can be broken downward, towards the current downward impulse. Moving averages indicate a short-term bearish trend in the PLTR. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of securities and potentially a continuation of the fall in the near future. At the time of publication of the forecast, the share price is $ 17.97 per share for Palantir. As part of the forecast for the price of securities, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 18.55. Further, a rebound downward and a continuation of the fall in the value of securities. The potential target of such a movement is the area below the level of 14.00 already in January 2022.
An additional signal in favor of a fall in Palantir quotes will be a test of the downward trend line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the channel, as well as from the upper border of the ”Triangle” model. Cancellation of the option of falling Palantir stock prices will be a strong growth and a breakdown of the level of 22.55. This will indicate a breakdown of the resistance area and the upper border of the downward channel, which in turn implies continued growth in the area at the level of 28.55. Expect an acceleration in the fall of shares with a breakdown of the support area and closing below the level of 17.45, which will indicate a breakdown of the lower boundary of the ”Triangle” model and the beginning of the development of this pattern with targets below.
Palantir (PLTR) forecast January 2022 assumes the development of a correction in securities and a test of the resistance area near the level of 18.55. Where can we expect a rebound and an attempt to continue falling stocks to the area below the level of 14.00. A test of the trend line on the relative strength index (RSI) will be in favor of reducing securities. Cancellation of the PLTR fall option will be a strong growth and a breakdown of the level of 22.55. This will indicate a breakdown of resistance and continued growth in value to the area above the level of 28.55.
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