Long

One more small bounce on wedge before going into earnings

Looks like PLTR will probably move sideways from now until earnings. I see a wedge forming on the daily that looks to end around earnings time. Seems we likely have one more small cycle down either end of week this week or early next week that will complete the wedge. Normally, I'd expect a potential breakout before the end of the wedge, like right now, however with earnings coming up and given the current market conditions recovering it seems like the market thinks theres too much risk to take that leap of faith right now. It's back to proving value first.
Trend Analysis

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