Planet Labs PBC

PL is in a Stage 4 decline within an uptrend context, with active lower highs & lower lows confirming a bearish medium-term posture. Price currently tests 200 DMA support in an extreme oversold state, making immediate selling suboptimal. Execution favors trimming on rallies into the 9 EMA/21 EMA resistance zone to align with downward momentum while avoiding support-based rebounds.

• ↑Q2 revenue forecast at $104.2M with EPS loss improving 33% to -$0.02
• ↑Tanager-2 hyperspectral satellite launch slated to expand environmental analytics revenue
• ↓Negative profitability and ongoing losses highlight earnings weakness