$PLTR TOP 20
Added 2025-03-04 16:14:26 +0000 UTC$PLTR is battling to hold $79 and to be fair, a lot of stocks are doing their best to hold their respective support lines right now so I am not targeting $PLTR here
But if the $79 level does not hold then I believe Wave A is still active and the next support level to watch for will be the 0.5 Fib at $65.
We can see on the chart that the price action has also rejected under the 50 Day MA and the blue line so the bulls have a lot of work to do now to defend this line at $79, with this current set up.
It does help that the company is still overvalued compared to the market now.
