⬤ Palantir Technologies now sits just below $190, a level that keeps turning price advances away. TrendSpider records show the line has rejected every recent rally - a head-and-shoulders outline has formed across the last months. Sellers cluster immediately under $190 - each fresh lift meets new supply.
⬤ The chart points to two zones that matter - resistance thickens near $190, while a sturdy demand shelf near $150 caught the most recent drop. Volume prints show those two prices hosted the heaviest trade during the latest swings. The pattern's right shoulder is developing right under the $190 lid, a sign that traders still treat that price as a wall.
The $190 barrier acts as a possible pivot for PLTR. The way price acts around that mark will steer momentum and mood.
⬤ This $190 band matters because it will decide Palantir's next large step. To push through buyers must absorb all shares offered near $190; if they fail, price will likely retreat toward the $150 support. Sellers wait overhead and buyers guard below - the next few sessions should show which group gains the upper hand.
Saad Ullah
Saad Ullah