PALANTIR unable to escape this Channel Down towards $105.

Wait 5 sec.

PALANTIR unable to escape this Channel Down towards $105.Palantir Technologies Inc. Class ABATS:PLTRTradingShotPalantir (PLTR) has been trading within almost a 9-month Channel Down following its November 03 2025 All Time High (ATH). Today it is declining heavily after a double rejection on both the 0.5 Fibonacci retracement level of the previous Bearish Leg and the 1D MA50 (blue trend-line). Last time we saw this was on the March 24 2026 rejection, again on the 0.5 Fibonacci retracement level of a -36.49% Bearish Leg (similar to the previous one of -35.28%). As a result, we expect Palantir to seek again it's recent Low, targeting $105.00. By October we can even see it testing $90.00 (just under the 1.236 Fibonacci extension as with the June 25 Low). As long as the 1W MA200 (red trend-line) supports, that should technically be a Buy Zone. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡