PLTR Falling wedge pattern! Look for a reversal!

PLTR Palantir Tech

Price Targets:
1. $27
2. $29
3. $32

PLTR has been seeing some strong declines over the past month making lower lows and lower highs and formed a classic falling wedge which is a bullish pattern. There is a divergence in RSI (was below 30 for the past few days) and RSI is currently around 45 again divergence in RSI is also a potential bullish signal.

PLTR broke out of wedge in the opposite direction today which is a sign of a reversal. Volume is relatively low. Need a good volume confirmation before opening a long position.

Good luck and trade smart! (not a financial advice)