$PLTR has got its firm bounce on the $79 level on 0.38 Fib and has broken above the 50 Day MA in the PM now as more partnerships have been announced.
A hold above the 50 Day MA today at $87 and $PLTR can continue moving higher to our Wave B range between $100 - $105, where I believe a rejection will come before moving down to complete Wave C.
Some may believe that this is Wave 4 completing and a higher high can come in next, I can't rule that out but in terms of its technical set up and terrible fundamentals, I don't see any other scenario as dominant as what I am showing and I have been consistently saying this will help for some time now.
Adam L
2025-03-17 13:26:06 +0000 UTC