The Bull, Bear Case For Palantir Stock After Powell's Tone Spooks Markets
The Bull, Bear Case For Palantir Stock After Powell's Tone Spooks Markets
If Palantir continues to trend lower, the stock may find support at the trendline again, although that will mean the downtrend could continue for some time.$Palantir Technologies (PLTR.US)$ ended Friday 5.7% lower in sympathy with the general markets, which reacted bearishly to U.S. Federal Reserve Chair Jerome Powell's hawkish tone during his speech at the Jackson Hole Economic Symposium.
$Palantir Technologies (PLTR.US)$週五收盤下跌5.7%，與大盤一致，大盤對美聯儲主席的反應悲觀傑羅姆·鮑威爾的他在傑克森霍爾經濟研討會上發表講話時的鷹派語氣。
The big data analytics company was on a downwardward path prior to Powell's speech after breaking down from a head-and-shoulders pattern on Aug. 19.
這家大數據分析公司在8月19日從頭和肩的模式中分拆出來後，在鮑威爾發表講話之前就已經走上了下滑的道路。
The full measured move of the breakdown of the pattern was hampered when Palantir bounced up off a long-term descending trendline, which Benzinga predicted the day prior was likely to occur.
當Palantir從一條長期下降趨勢線上反彈時，模式崩潰的全面衡量走勢受到阻礙，本辛加前一天預測可能會發生這種情況。
If Palantir continues to trend lower, the stock may find support at the trendline again, although that will mean the downtrend could continue for some time.
如果Palantir繼續走低，該股可能會再次在趨勢線上找到支撐，儘管這將意味着下跌趨勢可能會持續一段時間。
The bullish scenario is that Palantir holds above its low-of-day price near the $8 mark, which may cause the stock to print a bullish triple bottom pattern at the level.
看漲的情況是，Palantir守在8美元關口附近的日內低價上方，這可能會導致該股在該水平打印看漲的三重底形態。
Want direct analysis? Find me in the BZ Pro lounge! Click here for a free trial.
想要直接分析嗎？來BZ Pro休息室找我吧！點擊這裏免費試用。
The Palantir Chart: Palantir entered into a downtrend on Aug. 5 and started to print a consistent series of lower highs and lower lows. The stock's most recent lower high was formed on Thursday at $8.43 and the most recent confirmed lower low was printed at the $8 mark on Aug. 23.
《宮殿圖》：Palantir在8月5日進入下跌趨勢，並開始打印一系列一致的較低高點和較低低點。該股最近的較低高點是在週四形成的8.43美元，最近確認的較低低點是在8月23日的8美元關口。
If Palantir closes the trading day near its low-of-day price, the stock will print a bearish engulfing candlestick, which could indicate lower prices are in the cards for Monday. If the stock is able to bounce up and form a lower wick, Palantir will print a hammer candlestick, which could indicate the next lower low has formed and the stock will trade higher on Monday.
A bounce is likely to come over the next few days because Palantir's relative strength index (RSI) is measuring in at about 35%. When a stock's RSI nears or reaches the 30% level, it becomes oversold, which can be a buy signal for technical traders.
When the inevitable bounce eventually comes, bullish traders will want to see Palantir regain support at the eight-day exponential moving average, which could help support the stock. The eight-day EMA has been pressuring Palantir lower since Aug. 8 and may eventually force Palantir back down toward the long-term descending trendline.
Palantir has resistance above at $8.92 and $9.79 and support below at $8 and $6.44.
如果Palantir在交易日收盤時接近當天的低價，該股將打印一個看跌的吞噬燭臺，這可能表明週一的價格可能會更低。如果該股能夠反彈並形成一個較低的燈芯，Palantir將打印一個錘子燭臺，這可能表明下一個較低的低點已經形成，該股將在週一交易走高。
未來幾天可能會出現反彈，因為Palantir的相對強弱指數(RSI)約為35%。當一隻股票的RSI接近或達到30%的水平時，它就會超賣，這可能是技術交易員的買入信號。
當不可避免的反彈最終到來時，看漲的交易員將希望看到Palantir在八日指數移動均線重新獲得支撐，這可能有助於支撐該股。自8月8日以來，為期八天的均線一直在向Palantir施壓，最終可能迫使Palantir向長期下降趨勢線回落。
Palantir在8.92美元和9.79美元上方有阻力，下方在8美元和6.44美元有支撐。
See Also: Will The Real Palantir Please Stand Up?
另見：請真正的棕櫚樹站起來？
Photo via Shutterstock.
照片來自Shutterstock。