PLTR gapped up massively, now trading at $103+—potential exhaustion signal. Here's why I see a short opportunity:
📉 Key Reasons to Short:
Gap Up Exhaustion – Unsustainable surge Volume Surge – Possible profit-taking RSI Overbought – Due for a pullback Far Above MAs – Mean reversion likely Psych Resistance – $100+ may trigger selling 🔻 Short Entry: $103–105 🎯 Target: $84.70 (prior resistance) 🚨 Stop: Above $110
⚠️ Not Financial Advice – Just My View Trade smart. Manage risk. What’s your take? 👇