Palantir is approaching a resistance zone (highlighted in the green box) where sellers are likely to take action. This setup looks promising for a short trade.
🚨 What to Watch: - Wait for PLTR to hit the resistance area before entering. - If Target 1 is hit, adjust your stop-loss to your entry point to secure your position. - Target 2 provides a potential area for taking further profits.
This setup is based on a corrective wave structure, and the potential pullback could create a great short-term trade.
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