Long

BUY OPPORTUNITY COMING

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PLTR has been slow to get off the ground, but treading below 30 has proven to be strong long term accumulation. That said, while the structure is a little unclear due to it’s recent parabolic nature, there is evidence in possible counts that a pullback is near, and will possibly create a buying opportunity. With the lack of weekly divergence, I would lean toward a wave three top being near, with a target in the 70 zone. The wave 4 pullback will like target the 50 zone, but could be as low as the 40 zone. If correct, I see value in buying the dip for long term growth.

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