$PLTR TOP 20
Added 2024-04-15 19:47:43 +0000 UTC$PLTR battled to get above the 0.38 Fib today at $22.93 but ultimately rejected at this level as it was a strong confluence level with the 50 MA on the 1hr chart.
The price is moving down to the 0.5 Fib now at $21.55.
I would be surprised if this level is held if I am being honest.
I think there is weakness and if Israel announcing they will strike Iran again today has not triggered this to move higher, I believe $PLTR may need to pull back further before it can go higher.
So I will be watching the 0.5 Fib and the 0.618 Fib at $21.55 and $20.16.
I would be happy to add again once one of these levels can hold
Comments
15 trading days left until earnings on May 6th after market close
Jeff O
2024-04-15 20:45:38 +0000 UTC
