By Licia Leslie
August 22, 2025
Hi Shoppers,
Palantir Technologies (Ticker: PLTR) has a beautiful hammer created on Wednesday:
A hammer is a Japanese candle that signals a change in the down trend.
The stock also managed to close well above the 50 day moving average after trading much lower.
If the stock opens and trades higher today, I think it will trade up to that intersection of the two blue trendlines at $167.27.
Trade Review
Gold futures are slow to rally here but the chart is still bullish.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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