$PLTR showing that it has hit resistance and rejecting at the 0.78 Fib today after a pump at the open followed by a dump to -6% now.
Likely a buy the rumour sell the news event after been added to the Nasdaq 100 on Friday.
This may be some play acting by market makers to pick up cheaper shares to be added to their allocation
But right now there is a lower low and a lower high and we know this is overvalued and one of the worst looking charts in terms of being overvalued in the market.
Bullish case remains at $84 but this is not something I will go near above $45.