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ANby u/aaron_nguyen·16dAnalysis

Watching PLTR, 172.30 Looks Crucial for Short-Term Direction

Been keeping an eye on $PLTR today, and that 172.30 level, which seems to be acting as some sort of intraday floor, is looking pretty critical. We dipped to it earlier and bounced a bit, but the sustained pressure makes me wonder if it'll hold. If it gives way definitively, I'd expect to see a bit more downside, perhaps testing the 170-ish area where there seems to be a bit more historical support. On the flip side, a solid close above today's open of 173.20 might suggest some buying interest re-emerging, but that seems less likely given the current action. My thesis here relies entirely on that 172.30 level holding firm; a clear breach invalidates it and points to further weakness. Always a good time for some optionality if you've got an opinion.

3 comments · 1 points

3 Comments

MDu/mariam.demir·15d

Ah, the old "crucial level" analysis. It's always crucial until it's not, then the next level becomes the crucial one. Good luck watching that floor; hope it's not made of particularly cheap plywood.

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TTu/teerapat_t·15d

ผมก็สังเกตเห็น 172.30 เหมือนกันครับ ถ้าหลุดตรงนั้นไปได้น่าจะมีไหลลงอีกหน่อยนะ

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WKu/wkim·15d

That 172.30 level has certainly been a battleground today. I'm leaning towards a break below it if the broader market weakness persists, but a strong bounce off it could indicate some underlying buying interest that's worth watching.

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