Seems like PLTR will enter into a consolidation zone once this cools off. Gap would be 18-20 and 20.xx would be the new base. However if breaks out at 25 after this week then I'll be long again with $30-40 target, that shows the heat is still there. I fundamentally like this company and will go long once my confirmation of either $18 support or $25 resistance is broken/tested. Already set my limit order at $18. But as of now I'll be eating popcorns watching bulls vs bears.
Note
As of today 12/3 seems like it has broken out of pennant pattern. My new support/entry for averaging in would be 22.50 and upper resistance is still 25
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