In my current assessment of
PLTR
, drawing parallels to my journey from Wisconsin to Texas, I recognize that market movements, much like a road trip, are not linear. Institutions influence the market, creating fluctuations akin to pit stops for fuel on a long drive. A recent analysis, referenced in an article article prompted me to explore
PLTR
's potential Acknowledging the non-linear nature of security trades, I concur with analysts suggesting a $30 target. The daily chart reveals an unaddressed gap, necessitating market adjustments by institutions. I speculate a potential rise to $30-$36, contingent on market creation to fulfill institutional orders.
While anticipating a mild pullback, comparable to a brief detour on my journey, I emphasize understanding institutional footprints for enhanced trading analysis and potential profitability. A forthcoming article will delve into a detailed technical analysis to elucidate my rationale further.
SegantAD