The Long Investor
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$PLTR TOP 20
🕑 Added 2025-03-10 10:53:38 +0000 UTC$PLTR is managing to hold so far above the 0.38 Fib at $79 but the price action is under pressure and still being held down by the blue resistance level at $84, which was the pre earnings resistance line and now the 50 MA on the 1hr chart.
If the price action continues to meet resistance here then the $79 level is unlikely to hold, which is what we saw on the $HIMS chart too when $36 was lost.
Holders who continue to hold here must be open to the possibility that a drop down to the 0.5 Fib or lower at $65 is a possibility if $79 is lost as a support level.
Comments
JessyyRabbit
what are your thoughts on the gap at 40s
