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Caught the early momentum on $PLTR at market open for a quick scalp, but the rally turned into something way more aggressive than expected—got whipsawed out before the real move happened.
Not holding anything at the moment, but the daily chart is signaling a potential pullback scenario. Price action looks primed to test that 99 support level again.
Momentum indicators are flashing some concerning signals too. The oscillator readings are sitting at their weakest point since last April—pretty noteworthy considering how strong the trend had been running. That kind of momentum divergence usually precedes consolidation or a reversal, so worth keeping an eye on how price behaves near support.