PLTR/USD Daily neutral with a bearish bias. Recommended ratio: 45% PLTR, 55% cash. Price is currently at $10.74 and still technically testing the uptrend line from 02/24/22 ($11.71); the largest value zone in its short history (company listed on NYSE 09/30/20) is between $10.84-$13.15. Volume remains relatively moderate and fairly balanced between buyers and sellers, indicating Price is in a period of consolidation. Parabolic SAR flips bullish at $11.78, this is mildly bullish in the short term. RSI is currently trending up at 38.25 after bouncing off of the uptrend line from 01/27/22; the next resistance is at 46.81. Stochastic remains bullish and is currently trending up at 19.84 after bouncing from 8 support, the next resistance is at 30.65; this is bullish. MACD remains bearish and is currently trending down at -0.56 with premature signs of forming a trough; the next support is at -0.81. ADX is currently trending up at 24 as Price is trending down after a rejection at the 50 MA (which happens to coincide with the Point of Control of the VP at $11.84). If Price is able to recapture the uptrend line from 02/24/22 at $11.71 and flip $12.25 minor resistance to support, then it will likely retest $14.59 minor resistance before retesting the upper trendline of the channel from January 2021 at $17-$18. However, if Price breaks down below the descending trendline from 01/24/22 at $10.10, then it will likely test the ATL at $8.97 and potentially lower to retest the descending trendline from November 2020 at $8. Mental Stop Loss: (two consecutive closes above) $11.84.