$PLTR had a flash crash to $20.18 and recovered back to $23 which also is Fib 0.618 retracement level. 23$ is a possible support zone to hold if you want to take an early trade with a tight stop aiming to take profit at $35. Since we can clearly confirm that the strong up trend is currently broken and momentum still declines, I am on the bearish side. $16-$17 range looks better for a new entry targeting approx $50 in the mid term.
C'mon guys, it's not even oversold yet (:
C'mon guys, it's not even oversold yet (:
Rebuy at $23.80ish range if it comes back for retest.