DoujinStars
The Long Investor
The Long Investor

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$PLTR TOP 20

The delusional level has been lost in the PM now at $100 and the 50 Day MA is looking very obvious sitting at the blue line at $84 now.

A relief bounce will need to come soon and I will be watching how this whole pull back behaves

If there is a 3 wave pull back to the 50 Day MA, then $PLTR can still make a new ATH next.....for me, I have made my views clear, I don't like this for the risk set up as their fundamentals are not strong enough....but if you are a big fan of $PLTR, then a 3 Wave pull back is something you want to see.

Otherwise, we want to see a 5 Wave pull back to confirm Wave A and then will wait until Wave C completes before considering adding again.

$PLTR TOP 20

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