PLTR Friday top again, or IWM bounce?
$Palantir Technologies Inc.(PLTR)$ : Friday top again?
Two prior shooting stars led to Monday pullbacks. Overbought RSI, breached upper Bollinger Band, and huge volume gap suggest gravity will take hold this week.
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$iShares Russell 2000 ETF(IWM)$ - Upper Bollinger Band, to lower Bollinger Band, with eventual bullish (blue) or bearish (orange) truncations at the 20DMA. Price action retraced from the upper band and it is at the 20DMA.
Bullish truncation bouncing from this point? or continuation to the lower Bollinger band?
The RSI divergence suggests lower band, will it be invalidated with a bounce?
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