The Long Investor

$PLTR TOP 20

Added 2023-04-01 20:06:01 +0000 UTC

Slowly finding its feet here after holding the blue line support and recapturing the while 0.618-0.65 Fib (in white) support. A break above the previous high where Wave 2 in amber is would help the bull case considerably. Rejection here and losing the 200 Day and 50 Day MA would move this down and possibly into the bear case and our buy zone. Certainly at a junction here and we will see from a lot of our charts uploaded this weekend, a lot of charts are at a crucial point, whether to move into the bull or bear case.

So What Now?

So for me, I would need to see this in the buy zone before I would consider buying, I am a big fan of $PLTR but as a long term hold I would prefer to buy other stocks then buy at $8 here. Below at $6, I would be starting a position.