PLTR This is the PLTR Fibonacci Extension chart that we have been following for the past couple of weeks. As expected, price has reached and then found resistance at the $36-37 level. A move now well above $37 will bring the mid-40's into range, leaving $36-37 as support. [Editors note: While I wrote and proofed this update, PLTR has spiked above $39] Today's price strength is especially important insofar as yesterday Palantir presented it much anticipated "Demo Day" where it discussed its new software platforms. I watched a part of it but it was in "geek" language, without subtitles. In our case, news is less important than how the stock reacts to news and today, with the general market down over 1%, PLTR is up 7%. That's a thumbs-up on Demo Day, so thanks to all geeksters. JMIA Our African Amazon, JMIA, is making new all time highs, up 120% since added to our long term portfolio last November 30th. The Fibonacci Extension analysis is suggesting $95-100 as the next target. If it reaches that high, new targets will have to be drawn. For now $60-65 will act as resistance/support. Above $65 and we look toward $100.
