That’s one reason I pay attention when selling pressure repeatedly fails to break a trend.
Hong and Stein argued that information can diffuse gradually through a market. When that happens, prices can underreact first and trend later as additional investors respond.
$PLTR looks like that type of tape to me.
Weakness keeps getting absorbed. Buyers don’t need to dominate every session — they just need to keep preventing sellers from changing the structure.
I’m positioning for another repricing higher.
LONG — $PLTR
Entry — $183.09
Stop — $176.50
Target — $194.68
Expected move — +6.33%
Portfolio — 5%
Leverage — 1.5x
If $176.50 goes, I stop treating the weakness as absorption and start treating it as deterioration.
