$PLTR has not convincingly held at any support yet and is working its way down to the 0.618 Fib at $20.16.
Remember this is not a wave 4 pull back, where we normally expect wave 4's to pull back to the 0.38 Fib.
This is a wave 2 pull back, so we typically see the pull back to between the 0.5 - 0.618 Fib....with the 0.618 Fib being the sweet spot.
The 200 Day MA is also moving up slowly to offer assistance.
Still no more buys for me yet until I see support but enjoying the move down to get cheaper shares.
I have only completed one buy of $PLTR so far and still have 4 more to complete my strategy.
Juan Pablo
2024-04-19 11:42:53 +0000 UTCGareth Neary
2024-04-19 05:36:00 +0000 UTCJuan Pablo
2024-04-18 17:27:54 +0000 UTCJuan Pablo
2024-04-18 15:26:26 +0000 UTC