PLTR squeeze as it follows short term downtrend towards long term uptrend support. Correction after recent Elliot wave, fractal to its longer staged Elliot wave starting from 5th November 2020. Retracement down to 40 MA and long term support. 5th wave approaching apex of the uptrend long term support and resistance. Volume is increasingly bullish after support and MA are tested, buyers look to be in control. Stochastics approaching oversold.