I am monitoring what is happening in the middle east very closely and it is likely the reason for Oil stocks and $PLTR to be rising today.
Second bounce in the buy zone here and the price has broken above the 50 MA on the 1hr chart which has been a resistance level since the 4th of April.
Conflict in the middle east benefits $PLTR as they are used by the Israeli Army and since this conflict will likely be fought with aircrafts and missiles and not a ground invasion, this would be $PLTRs area of expertise and intelligence gathering.
A hold above the 0.38 Fib at $23 and I'll make my second buy of $PLTR.
FreeMo
2024-04-12 15:12:00 +0000 UTCFederico Salerno
2024-04-12 14:34:51 +0000 UTCDamien O'Sullivan
2024-04-12 14:28:48 +0000 UTC