$PLTR has locked into the top trend line and went within $0.25c of touching this line on Friday
I think just about everyone on X is bullish on $PLTR which is normally not a good sign and I do believe that a pull back is coming and definitely needed now.
The 0.5 and 0.618 Fibs are between $27 - 25.76 which would be ideal for a pull back too
But I do not blame anyone for adding as soon as the blue line is tested at $29.30, as this is an important resistance/support test level.
Sofiane
2024-08-19 10:10:58 +0000 UTC