PALANTIR 7-month Channel Down testing Huge Support Cluster.

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PALANTIR 7-month Channel Down testing Huge Support Cluster.Palantir Technologies Inc. Class ABATS:PLTRTradingShotPalantir (PLTR) has been trading within a 7-month Channel Down pattern since the November 03 2025 High. Following its latest 1D MA200 (orange trend-line) rejection, it initiated the pattern's new Bearish Leg that almost hit last Friday the 4-month Support Zone. With the 1W MA100 (red trend-line) coming aggressively from below at around $118.00, the stock faces its strongest long-term Support Cluster of this Bear Cycle. As long as the 1W MA100 holds (which is also just above the -28.85% drop range given by the 1st Bearish Leg), the market is on 'no action' medium-term. If it breaks though (candle closing below it), the first Target is $105.00, representing a -36.48% decline (2nd Bearish Leg of the pattern) close to the bottom of the Channel Down. On the long-term, as long as the Channel Down holds, we expect it to break downwards at some point for a Q4 2026 test of the 1W MA200 (black trend-line) at $75.00. --- ** 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‘‡