SamSuka
The Long Investor
The Long Investor

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$PLTR TOP 20

A lot of red in the PM this morning as the market awaits important economic data from JOLTS, which may influence Powells decision on rate cuts.

With that, $PLTR has lost the 50 Day MA at $22.40 (in the PM at least)

So the next level to watch for support is at $21.60

We saw that $PLTR did get some intraday support on the 50 Day MA yesterday but on the retest it has not held.

The lower this goes, the better for us I believe.

The 0.618 Fib is at $20.20 and the extreme pull back for me would be the gap fill to $17.90....the $PLTR bulls may not allow this to happen tho.

$PLTR TOP 20

Comments

You think this is wave C or could it possibly still be wave A?

Jesse Gaffey

Waiting to pounce on this lovely opportunity that is presenting itself 🤝

Josh Stevens


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