$PLTR pushing resistance, what now?
Been watching $PLTR closely today, it's had a pretty solid run, currently trading around 179.01. The interesting part is it's brushing up against that 179.90-180.00 area which has been a pretty sticky resistance zone for a bit. We saw it hit 179.91 earlier, nearly tagging that psychological 180. If it can chew through and close above 180 consistently, I'd consider that a significant breakout, potentially opening up a move towards the mid-180s. The volume on this push today has been decent, which adds a bit of conviction.
However, the flip side is that if it fails to clear 180 and starts rolling over from here, especially if it drops back below, say, 177, that could indicate a failed breakout attempt. A retracement towards the 172-174 range wouldn't surprise me then, especially given how quickly it's moved up today. My main concern for a continued upside is if the momentum peters out right at this level without a clear breach. It's a key spot to watch for a definitive move one way or another.
Definitely watching that 180 level on PLTR. A strong close above it would be a good sign, but the volume needs to confirm it for a sustainable move.