The Long Investor

$PLTR TOP 20

Added 2024-07-14 17:46:01 +0000 UTC

$PLTR has met some resistance at the $28 level but there is still a possibility that $PLTR can test its blue line at $29.26 before needing to pull back, as a healthy pull back before moving higher up our Wave 3 to the 1.618 Fib at $41.

So I have added in the green fib levels for when the pull back comes, these levels assume a test of the blue line first before pulling back and we can see that the 0.618 Fib aligns with the 50 Day MA, making this a confluence level.

I will be adding to my $PLTR position but not until there is a pull back and the pull back appears to be aligning also with the earnings date which is expected at the start of August

I don't play the earnings game or sell on subwaves to buy lower, the margin is too tight, earnings are a variable which you can not control....$PLTR has had a habit in the past of jumping +20% post earnings too, so this is not something I want to miss either

So I am happy with my current position and intend to add on a pull back as described, let's keep it simple here.