I have circle in white an area on this $PLTR pull back it is of interest to me and us.
It is a flat area and although very short and a slight reverse of trend, it has the smallest chance of being our Wave B wave.
So it is important that we watch where $PLTR find support.
It is having a particularly difficult day today compared to many other stocks and it has declined considerably since $20.24 now.
So the area we will be watching for is between the 0.5 Fib and the 0.618 Fib, between $13 and $11.30
If you have been waiting for $PLTR to pull back since it exploded in May, preparing yourself for this buy area now is a smart move.
Dipen Patel
2023-08-18 09:45:31 +0000 UTC