$PLTR TOP 20
Added 2024-01-03 14:20:24 +0000 UTC$PLTR is moving very well down to our target levels, we can see that the PM has brought the price down to the 0.38 Fib at $15.88 exactly right now, I think it will come down further but we need to be mindful of the 200 Day MA which is just slightly below and in between the 0.38 Fib and 0.5 Fib at $14.70, this could offer support and complete Wave 2, so this is what we will be watching close.
Ideally we would like to see this pull back further, especially below the 0.5 Fib, under $14 but where support is found, is the buy level, a retest of a support confirms this, otherwise the price action can bounce immediately and not look back.
The market is showing that there could be a pull back for the next 2 weeks so I don't believe there is any rush here, waiting for confirmation of support is my plan before adding.
Comments
Me five
WiktorW
2024-01-03 18:45:58 +0000 UTCMe four π
Anthony Tqt
2024-01-03 18:34:40 +0000 UTCMe three
Wobbly
2024-01-03 15:22:12 +0000 UTCMe too
Federico Salerno
2024-01-03 14:34:38 +0000 UTCGap close to $14
Thomas Nugent
2024-01-03 14:23:18 +0000 UTCI want to open a position
makis
2024-01-03 14:21:45 +0000 UTC
