$PLTR TOP 20
Added 2024-07-21 20:42:58 +0000 UTC$PLTR held very well this week, especially after testing its $29.30 level, which was a 3 year high and although it was met with resistance initially, bulls kept buying any pull back, the price action did not pull back along with the Mega Caps and the $QQQ.
Wedbush gave a very generous 12 month PT at $50 and the hardcore bulls of $PLTR likely felt that another 70-80% gain from here would be worth buying every dip and may add even more if it dips further.
I think we are in the camp where, if there is a stronger pull back, to the white fibs I have added, then we should add more then.
The 50 Day MA is aligning with the 0.618 Fib now at $24, I think this will move to the 0.5 Fib at $25 if there is a pull back now, a level I would be happy to add at again.
