$PLTR is keeping between the 0.38 0 - 0.5 Fibs right now, the 0.5 Fib was lost for a very short time today but recaptured quickly.
A direction has not been taken yet but what we do know is that the 0.38 Fib level is a temporary resistance level, so if this level is converted to a support level, this will be a trend change.
The longer this takes the higher the 200 Day MA will move up to offer support incase of any flush down.
I suspect the market is still waiting to see what action Israel takes next
$LMT won a $17 Billion missile contract today, so spending is on the cards right now.
Nth73
2024-04-18 14:16:04 +0000 UTC