$PLTR TOP 20
Added 2024-08-11 18:33:23 +0000 UTC$PLTR had a fantastic week and is a perfect example of why you should buy positions and hold them when they are not in the same wave count as the market.
We have $PLTR in Wave 3 and it hit a new 52 week high this week and its highest position since 2021.
Finished the week above $29.30 which is the important support line that needs to be flipped, so we want to see a test and hold above this level to confirm that the level has been converted, it is a very important resistance/support level so I would expect a retest.
Failure to hold above this level and a retest of the 50 Day MA is still possible, which is also the 0.5 Fib at $25.81
