PLTR: Potential for Further Upside in H2 2025

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Price is showing a constructive, low-volume pullback into rising EMAs - a healthy sign within an ongoing uptrend as long as price is holding above 118-110 support zone.

Daily trend structure:
snapshot

Macro trend structure (Weekly):
snapshot

Thank you for your attention and I wish you successful trading decisions!
Note
As long as price remains below today’s high, I can’t rule out one more downside move early next week toward the 117–113 support zone before the next potential upleg.

snapshot
Note
PLTR is moving in line with the trend structure outlined back in June and refined in early July, now approaching the 170–180 macro resistance zone, which has been a key target since the April low.

Chart:
snapshot

From a broader perspective, I still see potential for an extension to the 240 zone before a more prolonged correction begins.

Macro view
snapshot

That said, shorting ahead of earnings (which could be a catalyst for the final leg up) seems risky. But trimming or hedging profits might be a reasonable play here.
Note
PLTR Watching for early signs of topping. A sustained breakdown below the 21dEMA (for more than two consecutive days) would serve as the first confirmation signal.

Chart: snapshot
Trade closed: target reached
PLTR
As long as price remains below the Nov 3 highs, I’ll be operating under the main assumption that the mid-term top is in, anticipating more downside in the coming weeks and months.

A 1–3 day bounce to potentially close the gap could provide a good delayed-reaction short setup.

Chart: snapshot

Macro support ideal for this correction: 120–85.
Macro view: snapshot

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