PLTR: Testing Key Resistance

Apr 16

Price has reached a meaningful resistance area near the March highs, which may trigger renewed selling pressure. If confirmed, this could open the path toward a deeper move into the macro support zone around 60–50.



Until price is closing bellow 100, my operative scenario is one more wave down to a macro support.

Thanks for your attention and best of luck with your trading!

Apr 27

Note

Price broke key mid-term resistance for a donwside set-up to have higher odds. Shifting my operative scenario to upside targets in coming weeks/months



Until price holds above 115, I will be keeping this as my main interpretation of a trend. Next important resistance targets: 160-175 and 185-205

Macro structure: