The Long Investor
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$PLTR TOP 20
🕑 Added 2025-03-17 13:22:32 +0000 UTC$PLTR has got its firm bounce on the $79 level on 0.38 Fib and has broken above the 50 Day MA in the PM now as more partnerships have been announced.
A hold above the 50 Day MA today at $87 and $PLTR can continue moving higher to our Wave B range between $100 - $105, where I believe a rejection will come before moving down to complete Wave C.
Some may believe that this is Wave 4 completing and a higher high can come in next, I can't rule that out but in terms of its technical set up and terrible fundamentals, I don't see any other scenario as dominant as what I am showing and I have been consistently saying this will help for some time now.
Comments
Adam L
Being that this led the market, NVDA on the large cap side and this for growth stocks, I think watching those two will give us all the answers we need about a wave B bounce vs melt up
