$PLTR is still struggling to find its feet post earnings report but still managing to stay between important Fib levels and between 50 and 200 Day MA's....as time goes on, these MA's will merge and as we know, a direction will need to be taken by then.
The white circle also remains the sweet spot if the price can test the 200 Day MA here and would be worth adding to your position here.
I am seeing no break down of the structure and the bulls remains in control here but we need to start seeing momentum soon as the moving averages merge.
Minus0
2024-05-21 18:37:02 +0000 UTC