$PLTR TOP 20
Added 2024-06-03 02:44:26 +0000 UTC$PLTR has now tested the $20 level 3 times now just above the 0.618 Fib which would be a standard pull back for an ABC correction.
The $20 psychological level is just above the 200 Day MA and we can see that this MA is moving up to the $20 level too.
The price action managed to get stopped out by the 50 Day MA to end the week but did show some strong strength leading into the end of the week.
We need to see a break above the 50 Day MA at $22.30 and converting this level to support next to consider that the pull back is complete
A hold above this level and we can consider adding to our position too.
Comments
It looks like it might go this week tbh .. just a hunch .. market willing
TommyJR
2024-06-03 02:57:19 +0000 UTC
