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PLTR LONG on a 0.5 Fib Pullback

PLTR services DOD and military contractors which is a growth industry given current geopolitical

backdrops. I see this as an opportune time to buy the dip which is a healthy correction from

a recent trend up. The idea is illustrated on this 120 minute chart with targets and stop loss.
Not
Sideways in the early going. Patient.
Not
Awaiting a buy stop trigger at 22.7 for an entry.
Not
I may consider a short trade if price falls below 21.7 and retests it

Feragatname