$PLTR TOP 20
Added 2023-08-06 19:58:18 +0000 UTCThere is enormous pressure on $PLTR to deliver tomorrow for their earnings report.
The price extended past the 2.618 Fib this week but stopped out at the 3 Fib.
We could get this running to the 3.618 Fib on Monday, before or after the earnings but this needs to cool down then.
I will update this tomorrow too, so we know where to look, in terms of support on the pull back.
But we have effectively had a run from $7 to $20 with very little changes to the projected earnings or growth, there needs to be balance here, AI has really helped this along the way.
A pull back to the 0.5 Fib would be ideal, for now it is set between $13-$14, but we will only know for sure when the pull back starts.
Comments
We are the first five level now, watch for market reactions and retests from above to confirm the ideal entry point
Partheev
2023-08-10 08:15:55 +0000 UTCCap the pull back has started. What is a good support now to add?
makis
2023-08-09 14:32:18 +0000 UTCCould you take a look at PSNL please.
Gladwell
2023-08-06 20:03:13 +0000 UTCI suspect the overall market will decide if this hits that fib level before earnings or not. If it does pop up pre earnings I'll exit my positions. Happy to watch earnings from the sidelines after taking a profit if that happens
erich smith
2023-08-06 20:01:46 +0000 UTC
