PLTR fell steadily as oil rose, but with oil recovering it may have found a local bottom; on the daily chart a Fibonacci 382 extension lines up with a trend line that turned from resistance into support, and these levels coinciding give several factors for a PLTR rebound.

and we'll talk about Palantir,

Stocks started to fall when US oil started to rise, and we saw that everywhere. I mean, look at Palantir. In Inter, go to the 10- minute frame. Yes, you can see that, you know, just a steady decline.

But as oil begins to recover, well, perhaps Palantir has found a simple local bottom. Let's go back and take a look at the daily candles. I'm monitoring this level here . So, from bottom to top, we have the Fibonacci 382 extension.

If you want to draw this yourself, you can click here on the left side of TradingView, press the button, drag it up, and that's how you find your level. And look at this , a nice trend line here.

You see it as a resistance level; it was a resistance level. It turned into support. It turned into support. Two candles below the line, as you know, knocked out the traders, then it turned back into support.

1, 2, 3. Thus, these levels began to coincide and gave us several factors for a Balantir stock rebound.