PLTR experiences extreme volatility due to its frequent parabolic moves. Unlike stocks that consolidate and undergo healthy pullbacks to build liquidity for sustained upward momentum, PLTR tends to surge rapidly and then nosedive on a single news event….sometimes dropping 15% in a day. This unpredictable movement makes it difficult to establish stable growth, creating a high-risk trading environment. And let’s be clear….having a realistic view of a stock doesn’t make someone a hater. Understanding risks and market mechanics is just smart investing. But carry on…
PLTR everything is slowly cooling off and this is of course still going…. 8% in less than 3 hours!! Overbought zones mean nothing for it, so doesn’t fully relay on indicator, it easily can reach almost 95, and the RSI gets reset on the smallest dips for a larger upside movement!! I’ve learned this from attempting puts in the past, let me experience be your lesson!!