$PLTR in price discovery: adding at $171-$183, targets $231-$308Palantir Technologies Inc. Class ABATS:PLTRWintaw The level On June 29 I told my members to buy PLTR at $105 to $110. The low printed $106.37 and today it closed at $209, up 96%. My add zone is $171-$183, where $171.68 is the value area high. Why this level The move is slightly overbought, so I expect a pullback before continuation. The $171.68 VAH is the area price broke out of, so it is the first place I want to add. The thesis underneath is fundamental. FY25 revenue was $4.4B, up 56% YoY. P/E has compressed from ~410x to ~127x while earnings grew. The company holds $8B in cash with no debt. Capex is about 1% of revenue while hyperscalers each spend $50B to $100B a year on the buildout, so PLTR captures AI demand without funding it. About 55% of revenue comes from the US government, which does not move with corporate IT cycles. Invalidation Price below 171 does not invalidate the idea. Earnings that stop growing do. If it fails A deeper retrace is where I add with more size. What would change my mind Slowing earnings growth or a break in the innovation story. My profit-taking levels are $231 to $242, then $270, then $308, based on the 1.236 to 1.3414, 1.618 and 2 extensions. TAGS: PLTR, Palantir, Fibonacci, Volume Profile, Swing Trading For daily updates / more stock calls: check out my twitter or free discord https://linktr.ee/TheTradingVaultTV