$PLTR appears to be moving more to the downside than the market right now which is a good sign for us, who want to buy or add to positions.
Like $AMD, I want to see this move down in 3 waves to complete Wave 2. So I will be watching between the 0.5 Fib and the 0.618 Fib, between prices $12.31 and $10.81.
We can see on the daily chart that the 200 Day (Moving yellow line ((the one that isn't straight))) is moving up to this Fib level range too, so this is a likely confluence level and a fantastic area to buy at.
Barney
2023-07-21 17:04:25 +0000 UTC