Second test of the 200 Day MA today on the 1hr chart and it also happens to be the bottom of the bear channel trend line that this broke out of last week.....This would be asking a lot to break above these two levels.....positive announcement today from the $250 Million Defence contract but I am still leaning on this coming back more, as I do not see a 5th Wave in this Subwave C yet.
I like $PLTR and its company going forward but I am not buying it at $15, I want my average around the $11 - $12's, I want the margin of safety and at $15, it is just not there yet.
Be Blessed Enterprise
2023-09-27 19:26:29 +0000 UTC