officialstephenkalayjian
Oct 3, 1:11 AM
🚨
$PL WATCHING FOR A BREAKOUT
📈 Price:
$17.5
📊 Volume: Above average
🔥 Catalyst: Planet Labs posting strength after a government/defense contract win fuels optimism around its satellite data demand pipeline.
🎯 Resistance:
$19.25
🛡️ Support:
$16.10
Bull case: A clean break above
$19.25 on continued volume could spark momentum toward the low
$20S as sentiment shifts bullish.
Bear case: Failure to hold
$16.10 support likely drags price back into the mid-teens consolidation range.
👀 What I'm watching: Need volume to stay elevated and a daily close above resistance to confirm real breakout strength.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to stay connected with me @officialstephenkalayjian and checkout my bio link.
1 replies