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$PLTR Rapidly Approaching TP1

Written By: ChartChamp

October 9, 2023

$PLTR has been extremely bullish since Sept. 25 and has been in a strong uptrend after breaching the orange resistance level. The next key price target, the light blue resistance line, is rapidly approaching. PLTR is a war stock that is benefitting from the new Israel Palestine conflict. Other key events this week are September PPI inflation data and Fed meeting minutes on Wednesday October 11. I think the markets are likely to have some sideways price action on Tuesday in anticipation of the new inflation and fed data.

TradingView Chart: https://www.tradingview.com/chart/PLTR/r8ryg1s7-PLTR-Rapidly-Approaching-TP1/

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