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We shared Palantir chart with ticker PLTR with our members back on February 26, when the stock market was in full speed to the downside, but we warned about a higher degree ABC correction in wave 4, which can extend the rally for wave 5.
(Click on image to enlarge)
PLTR 4H Chart From February 26 2025
As you can see, after two months, today on April 24 Palantir made a textbook Elliott wave correction, exactly into the projected support area, from where we can now see it in a bullish resumption within the 5th wave.
(Click on image to enlarge)
PLTR 4H Chart From April 24 2025
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