$PLTR has recovered the important 0.38 Fib today which is where we believe Wave A has completed and have been expecting a bounce for Wave B next.
Since the Wave A overshot the 0.38 Fib, the Wave B range moves slightly..... and isn't it fitting to see the 0.5 Fib align with the $100 level at the 'Delusional Level' now.
I think a bounce into this range and rejecting gives holders a very lucky area to trim and wait for the Wave C pull back....because right now I only see one wave down.
Jeff Hermann
2025-03-12 18:59:47 +0000 UTC