$PLTR Expecting one more leg down.

6 Mar 2021

PLTR had a flash crash to $20.18 and recovered back to $23 which also is Fib 0.618 retracement level. 23$ is a possible support zone to hold if you want to take an early trade with a tight stop aiming to take profit at $35. Since we can clearly confirm that the strong up trend is currently broken and momentum still declines, I am on the bearish side. $16-$17 range looks better for a new entry targeting approx $50 in the mid term.

C'mon guys, it's not even oversold yet (:

10 Mar 2021

Not

PLTR seems to go for the white path. Falling wedge breakout at $23.80. Yolo long

Rebuy at 23.80ish range if it comes back for retest.