Schwab Network

Chart of the Day: PLTR Upgrade


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Ben Watson (@CharlesSchwab) joins Morning Movers to discuss the chart patterns for Palantir (PLTR). Using the "awesome oscillator" study, Ben says it might not be so awesome on the chart. Daiwa Securities upgraded Palantir to a Buy rating, but cut its price target to $180 from $200. On a 1-year timeframe, Ben notes a trio of levels at $198, $158 and $128 as a potential completion of a bearish reversal pattern.


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