$PLTR is moving comfortably in 5 subwaves here and I believe subwave 5 is completing shortly and an ABC correction is due next.
We can see that there was a high made in Sept 2022 at $29, this could be the trigger and act as a resistance level for a healthy pull back.
My Wave 3 target remains higher at the 1.618 Fib at $41, so a pull back to the 0.618 Fib at $20 would still get you a 100% return for the remainder of Wave 3.
Trevor Sweetnam
2024-03-10 21:12:55 +0000 UTC