$PLTR needed another retest of the $79 level yesterday and although at times it has looked weak, I still believe a Wave B bounce will come , especially if the blue support line at $85 is converted and the 50 Day MA just slightly higher at $87.
But I do not believe the ABC correction is complete here tho, so when Wave B bounces, I think it is only an opportunity to trim if you haven't done so when it went parabolic in Feb.
Waiting for a pull back to below $65 to add again is the low risk play for me.
Yousif
2025-03-14 14:57:01 +0000 UTC