Palantir Technologies stock declines

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The stock price of Palantir Technologies has reached the 18.00 mark and the support zone of the 2020 December and 2021 May low levels. Meanwhile, note that the asset has been declining in a channel down pattern.

A move below the support zone could result in a new 2021 low. In addition, the price would have no support as low as the 2020 November low level at 14.00. Although, take into account that the round price levels like 17.00, 16.00 and 15.00 might also provide support.

However, a recovery of the price would have to break the resistance of the channel down pattern, before step by step returning to the 2021 post-March high level zone at 26.30/27.50.
Back to articles

Actual Topics

Thu, 16 Dec 2021 08:09:01 GMT

Tesla passes retracement level

The stock price of Tesla recently passed the 61.80% Fibonacci retracement level of the 2021 low and high levels at 975.35. On Wednesday, December 15, it appeared that the price had confirmed the level as resistance. Meanwhile, the 2021 high levels and November low levels reveal a channel down pattern, which has guided the price for more than a

Wed, 15 Dec 2021 10:08:05 GMT

Light crude recovers above 70.00

The price for light crude oil found support in the summer low levels. The event was followed by a recovery, which most recently found resistance. Namely, the 73.00/74.00 zone, which had acted as resistance and support in September, provided resistance during the first half of December. If the price passes the resistance of the 73.00/74.00 zone, the commodity might approach

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.