Palantir Technologies Inc. (PLTR) - Top is In; Time to Short

PLTR is presenting a potential short setup as it approaches a short zone within the Fibonacci retracement levels.

This area aligns with strong resistance, suggesting a downside move could follow.

Trade Details:
- Entry (Short Zone): $74.25
- Stop-loss: $78.30

Targets:
- Target 1: $65.10 (Fibonacci 1.0 extension)
- Target 2: $57.15 (Fibonacci 1.618 extension)

Analysis:
The rejection of the resistance zone could trigger a bearish wave down to the targets. Fibonacci extensions provide additional confluence for the downside targets.

Monitor price action closely for confirmation.