$PLTR TOP 20
Added 2023-11-12 15:47:29 +0000 UTC$PLTR had a strong week, lead by the tech sector surge towards the end of the week,
The two bounces on the $13.50 yellow line do not look great but lets see how it behaves over the next few sessions, I have left the chart as it is.
My concern is that the waves are overlapping each other now but this can be an ending diagonal Subwave 5 in Wave 1, so this is allowed.
If this is the case then it confirms that this is a subwave 5, so a corrective ABC will follow, which aligns with Wave 2.
This would also align with when the Mega Tech Caps decline for their ABC too at the start of the new year.
I like $PLTR and I believe it is in a comfortable impulse wave now but I wont be buying at these levels, I wanted it between $13 - $11 to justify my buy, I am happy to have $AMD and $AMZN and possibly $GOOG as exposure to the tech sector.
