So far we have been calling this pull back price by price very well....the price action dropped down to the 0.5 Fib yesterday at $66 and held.
This is a Wave C complete level but Wave C looks a little short to me and a drop down to $51 on the 0.618 Fib is still possible.
$66 would not have enticed me to add $PLTR, not with their fundamentals, especially under this current climate.
Not when I could add $AMZN, $NVDA, $AMD, $PYPL, $NKE, $PFE, $BIDU, $HIMS, $OSCR, $SOFI, $NU, $BABA all at better entry points and better fundamentals.
A retest of the 50 WMA is also possible here too at $92 but a rejection could be next.
Brian
2025-04-09 05:37:32 +0000 UTCAK
2025-04-08 14:15:38 +0000 UTCRonnie
2025-04-08 11:45:45 +0000 UTCVojtěch Šimeček
2025-04-08 10:20:19 +0000 UTC