PLTR: Next pullback will tell us if bottom is in

PLTR is checking off a lot of boxes. The initial ABC move seems to be complete. C wave missed 1.618 extn of A wave by a few but more or less structure looks ok. Wave 3 of 3 of C had the largest oversold reading in RSI. Pretty massive RSI bullish divergence is playing out at the moment. Now, the moment of truth will come on the next pullback. If the retrace holds about at 50% of the bounce and moves above the last high, it's game on. Fundamentally, I think the company is a gem. It has a lot going for it. The CEO has a solid head on his shoulders. Like any tech companies, there is a burn-in period before things start to take off. And like any other groundbreaking tech companies, PLTR brand comes with a heavy risk of complete failure or a huge potential to become a household name. At this price point, I am willing to take the bet and buy in for a long-term hold. If price decides to move down and hit the 1.618 extn, I'll buy some more; only what I can afford to lose and not care. As usual, not a financial advice.