PLTR struggling at the 111.05 resistance. If we break through it then we will most likely overextended quickly to VWAP at 111.40 to come back down to around the lows of the day. 50% chance we retest the low of the day. 30% chance we go lower than that today.
I would still wait till an interaction with VWAP because we could still break it and go higher.
PLTR it's true, there's a big imbalance there for the first resistance around 11.20 for some price discovery, but that is if there's any true liqudity there to find.
PLTR we will have to se how it interacts fro 110.05 and 111.05 because there is a high probability of a retest at those levels. If we reject them both and break below 108.50 then 106.50 is back on the table in the short term.