$PLTR TOP 20
Added 2025-01-07 13:46:20 +0000 UTCVery clear rejection at the 50 MA on the 1hr chart after a bounce from Friday which looked like exit liquidity for me.
Price is down in the PM now and a test of the 200 MA on the 1hr chart next at $73 is possible.
Bulls haven't lost it yet while the price is above $73 in my honest opinion.
But if $73 is lost then the next test will be the 50 Day MA on the DAILY chart which is at $64 right now.
Levels for this pull back are clear to me:
$54
$45 and
$35.
I believe there is certainly value for long term back at $35 but I understand that people would consider DCA'ing under $45.
No sooner than that for me.
Comments
so you will not be DCA'ing between $35 and $45, rather waiting for it to hit $35?
Daniel
2025-01-07 15:49:09 +0000 UTCHave you considered this pullback to just be wave 4? Or are you thinking wave 5 is done?
Byron Tanigawa
2025-01-07 13:56:09 +0000 UTC
