SamSuka
The Long Investor
The Long Investor

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$PLTR TOP 20

$PLTR had a rough day on Friday but so did the market and it has also ran from $13.70 to $18.40 without taking much of a break so a slight pull back is not much of a concern.

So the chart uploaded now is the same as the previous one I sent, and if the conflict in the Middle East accelerates with more players involved, this will likely continue to drive this price higher.....as the US military accounts for nearly 50% of $PLTRs income.

My plan remains the same, I'll add at the end of Wave 2 only.

$PLTR TOP 20

Comments

Appreciate the reply!

Chris P

It’s a tough call to completely dismiss it, a catalyst like a war would certainly influence a structure for a stock like this so it is possible…..for me, I don’t think Wave 2 is complete tho, also the fundamentals need more time to improve to justify a faster run up to the Wave 3 price target

Gareth Neary

Have you conclusively dismissed a smaller ABC correction that has already taken place? I find it hard to assume not when the broader market correction has taken place and there is a clear ABC structure even if the fibs are not perfect for this particular stock - which could be accounted for by various things

Chris P


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