Watching $PLTR's Move Today
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Hey everyone, just looking at $PLTR today, quite a move up to 172.41 at its high. It's really pushing against that 172-173 area that's been a tough resistance zone for a while now. If it can consolidate above that, say around 172, it could signal a decent push higher.
The flip side is always there, though. If it fails to hold these gains and drops back below, say, 165 or even its prior daily high around 160, then this move might just be a classic bull trap. I'm not betting on it either way, just observing how it reacts at these levels.