$PLTR is in a bull flag and continues to drift to the trend line at $20, where the 200 Day MA is moving up to meet the price action at this confluence level.
I like to see the price action testing the 200 Day MA, it gives us an opportunity to add again and in spite of the strong move over the last 12 months, the price action has not gone extended with a retest of its 200 Day MA now, which is the second time in that 12 months.
I will be adding when $PLTR tests this confluence level and holds at $20.