PLTR: Back at the Door of New HighsPalantir Technologies Inc. Class ABATS:PLTRpricewerkPLTR is approaching the part of a recovery where optimism has to meet resistance. The September 24 daily close at 192.59 has reclaimed 188.37, but the old highs are still ahead. The next test is the 198–208 band: can buyers turn this recovery into a lasting breakout, or will the rally need another pause? This is a fresh presentation of the updated roadmap, with the chart focused on the 2026 recovery and its next decision points. It is not a new claim about a move that has already happened. The structure behind the move The broader working count treats the advance from the December 2022 low as a larger impulse that may have finished at 207.52 in November 2025. The subsequent decline is provisionally labelled as a complex correction ending at the June 25 low of 106.37. That low is a candidate turning point, not a confirmed end to every larger corrective possibility. Inside the recovery, five developing waves provide a useful framework. The July 7 high, July 28 low, August 28 high and September 10 low define the first four turning points. The move from 164.55 is the current fifth wave. Its latest observed high is 194.68, but its endpoint remains unconfirmed. Smaller subdivisions are still open, so this chart should not be read as a fully resolved count at every degree. What would strengthen the bullish case? The first task is to hold the recovered ground and work through 198–208. A brief push above resistance followed by an immediate reversal would carry a different message from a sustained break and a constructive retest. Above 207.52, the next conditional areas are 230–233 and then 268–272. These are arithmetic Fibonacci recovery extensions of the decline from 207.52 to 106.37, measured from the June low. The chart is logarithmic, but those price calculations are not. Neither area is an immediate promise, and neither has a fixed arrival date. At the current price, resistance is close enough that chasing the final stretch deserves particular care. The wave count helps define what to watch; it does not supply an automatic entry. A trade would still need its own trigger and enough room to the next obstacle to justify the risk. Where the roadmap changes A fall below 164.55 would invalidate the fifth-wave advance beginning at the September low. If 194.68 remains the recovery high, 150.53–160.95 is a possible deeper pullback band, corresponding to a 50%–38.2% retracement of the June–September rise. That band must be recalculated if the high extends. Below 106.37, the broader June-bottom thesis fails. This is a structural reference, not a suggested stop for a short-term trade. Elliott analysis is most useful when a label comes with a condition that can prove it wrong; otherwise almost any path can be explained after the event. A window to watch, not a deadline The highlighted timing window is September 25–October 1, centered on September 29. Two related Fibonacci-duration projections meet near that date: 1.618 times the June 25–July 7 advance and 0.618 times the July 28–August 28 advance, both measured forward from September 10 in calendar days. An exploratory tolerance of two daily sessions surrounds the center. This window only applies while the fifth wave continues above 164.55. The projections share the same interpretation and starting point, so they are not independent statistical evidence. Price behaviour at resistance remains the deciding factor. The horizontal length of the farther price bands and the drawn paths is illustrative, not a separate timing forecast. For now, the question is straightforward: can PLTR earn a sustained break through the old highs? Until it does, both continuation and a deeper pullback remain on the chart. NASDAQ:PLTR, daily chart, USD. Prepared September 25, 2026 using the September 24 completed regular-session bar on the displayed Cboe One feed. Educational technical interpretation; all scenarios are conditional.