PLTR has been losing momentum due to a decrease in whale accumulation to around 20.305% and an increase in retail accumulation to approximately 45.78%. Recently, a red candle appeared, which could be a bullish signal. To reverse the bearish trend, a daily close above $21.77 is required, while closing below $21.2 could initiate a downtrend. Last night, PLTR closed at $21.24, very close to the threshold.

Current support is at $20.5, with resistance levels at $21.4, $22.5, and $23.5. PLTR may remain stagnant for a while before any potential bullish news regarding its inclusion in the S&P 500, possibly in June.

$TSLA (21 May 2024-daily)

The red candle from 17 May has been accurate, and TSLA’s performance has shown resilience by breaking above the crucial support levels at $180 and $182.5. The stock closed at $186.6, with an increase in whale accumulation to 13.259% and a decrease in retail accumulation to 19.724%.

The red ribbon (uptrend in the mid-term) is expected to unfold successfully due to the increase in whale accumulation and the last candle closing above the red ribbon, indicating a bullish sentiment.

Current support levels are $183.84 and $186.36, while the resistance level is $193.595. Additionally, the completion of the MACD golden cross and the curl-up dance of 3 sets of RSI are noteworthy indicators.