PLTR Pennant

We see a pennant form on the 1 hour chart. Price may continue to push through that $26.20 level, but it is fair to expect a rejection when price nears that upper trendline. If If price respects the upper trendline and becomes bearish, my next step would be to wait for a retest of the upper trendline or a retest of that $26.20 level to enter a short position with $23.52 as a target.