$PLTR: Is the Long-Term Bearish Thesis Starting to Fall Apart?
I may have been wrong about the long-term rejection in $Palantir(PLTR)$ .
Technically, the weekly structure remains bearish. Price has not yet made a clear break above the $208 swing high, so the possibility of a deeper correction over the next 6–12 months remains.
A move into the long-term Smart Money Zone is still on the table, although the odds appear much lower now.
Here's what has changed:
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Daily Smart Money Zone: Bullish
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Monthly BX: Green
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Weekly structure: Still bearish until $208 is reclaimed
The key downside level to watch is $160. A break below that level would make the bearish scenario much more interesting again.
For now, I'm watching how the structure develops. Let's see what happens.
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