PL: more upside for the next market recovery

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PL: more upside for the next market recovery Planet Labs PBC Class ANYSE:PLartemfedorovI’ve been bullish on the macro structure here since September and December, and that thesis is still playing out. I would’ve preferred one more corrective wave after earnings and a deeper, longer consolidation from the 2025 top. But price evolves in a classical delayed reaction set-up after the gap-up. Chart: The price structure is setting up for a move into the 45–60s macro resistance levels once selling pressure wraps up. Ideal scenario: One more broad market sell-off → PL retests its gap-up lows → gives the 21 EMA time to catch up → follows through once the market starts to recover (or a few days before). Weekly view: See prior analysis and updates on PL: