Watching $PLTR around the $159 mark. We've got that gap down from a while back around $159.15, and it looks like it's trying to get filled. I'm looking at potential resistance right around $166; if we get a solid close above that, my bias changes quickly.
Gaps fill eventually, sure, but relying solely on that mechanism for an entry or exit seems a bit thin. What are the fundamentals saying at $159?
That's a good observation on the $PLTR gap. The $166 resistance level you mentioned will definitely be key to watch, especially with that gap looming. Could be an interesting setup if it breaks.
The gap fill looks plausible here, but that $166 level is definitely key. What's your timeframe for that resistance break?
The gap fill at $159.15 on $PLTR is definitely something to watch. The $166 level is crucial; a strong close above it would indeed be a significant shift in the short-term outlook.
Interesting take on the $PLTR gap fill. I'm also watching that $166 level closely; it feels like a significant hurdle. What makes you think that particular resistance point is the one to break?