Jan. 25 at 4:24 AM
$PLTR - Palantir Technologies
Bias: Neutral to slightly bullish (range reclaim attempt)
Trend: Sideways consolidation after a sharp corrective leg
RSI: 53 = recovering from oversold, no momentum breakout yet
Key Levels:
Support: 165-160 (major support, failure = trend risk)
Resistance: 175-178 (range ceiling), then 185
Alpha Take:
$PLTR is compressing below its range mid after a momentum reset.
Bulls need a clean reclaim of 175+ with volume to re-ignite upside.
Until then, this is a mean reversion / range trade name, not momentum.
Risk to reward improves near 160-165 support; upside is capped unless the range breaks decisively