The recovery in Nasdaq has recovered sharply and quickly like a V. The movement that has been occurring since approximately 10,000 and brought us to 19,000, unless the 55-week trend line region 15400 - 15000 support region is broken, unless a downward break occurs, this movement is a correction. S&P received a correction from Fibonacci 1.618, but Nasdaq has not seen it yet. It received a correction from the Fibonacci 1.272 intermediate stop of the 16000 - 10000 decline. Unless the 15000 - 15429 region is broken, the movement we have experienced since 14900 is the shaking of the weak investor, the target in Nasdaq is 20009.

When looking at the Palantir weekly chart, it has experienced a very serious decline from $ 45 to $ 6. So I think after the public offering in 2020, it experienced a very serious loss from 45 to 6 dollars until 2023. There is a base work above 6 dollars. I think it did not start making certain investments on the fundamental side during this period. They had certain investments. Now, when those investments started to be written down on the balance sheet in a fundamental sense, I see that a relative upward movement is accelerating and gaining appetite as they start to come to the fore. This may turn into such a wide bowl and probably want to complete its old peak. The main trend towards 45 dollars will continue to be upward. But as a Fibonacci lover, I always care about 78.6. Before going to the bowl, there can definitely be a bear-bull fight there, that is 37 dollars.

Therefore, as long as Palantir continues to stay above 23 - 20 dollars, even if it retreats to these levels, 37 dollars should continue to be the focus in the algorithm for the short term and investors should continue to say this is my target in trading discipline. The 37 dollar target is on the radar unless it breaks below 20.72 cents. When it reaches $37, I will see if it will continue to rise by slightly retreating from $37 or if it will pass there directly. Therefore, I read Palantir, which continues to stay above $23 and $20, as a short-term target of $37 and a long-term target of $69. Investors who apply a trading discipline towards the $37 and $69 targets will set aside a pricing below $20 for the short term against the risk of those targets being put in the refrigerator in a serious temporal sense as a plan B and risk analysis.

There were people who made very, very serious money from Nvidia. Some regretted missing the opportunity. Some were upset because they lost profits. Some bought from the top and got caught. In other words, it really makes its investors and analysts experience very different emotions. No price can go up forever, they fixed it. This place is basically problem-free, it produces good profits, the growth story continues, everything is good on the sidelines. In fact, analysts' comments on stocks with a growth story are generally divided into two. Some find it expensive, some say that this growth stock will of course be expensive. It is also difficult to create a consensus here. So let me leave that side aside for now. Let's look at the technical side. Pay attention to the Fibonacci 78.6 of the parabolic trend it made from $74 to $140. It spoils from $74 to $140. It makes a huge decline after breaking its 8-week period. It finds support for its decline with the 34-week moving average, the gold moving average, and exactly 78.6 of $74-$140. This means that for those who have and / or will buy, 92.90 cents is the red line of the up-down perception for Nvidia, namely the stop or trailing, pivot zone.

Therefore, Nvidia, which continues to stay above 92.90s, is $140 in the short of $107.5 and $90, and 78.6 of the decline is $130. Then, the following technical mathematics emerges from here. As long as it remains above the $92 support, the major target for Nvidia is $130. The $130 target falls to off at the close below 92.90 cents and I would say that the $130 target as a technical target has been postponed temporally and the risk of 74 has started. The huge reversal bars that have been forming in Nvidia for 2 weeks above 92.90 will consider $130 important in the short term. If it exceeds $130, $140 will continue to target $70, which is 1.618 of the $80 decline. The result is 107.5 intermediate support, 92.90 main support and the support of the game's direction perception being disrupted. Unless these two supports are broken, it will be extremely important whether $130 can be passed or not. Because that is 78.6, if this is passed, Nvidia will continue with a strong momentum towards $153 and $170. In other words, what is caught at the top can also turn into a plus.

Let me tell a technical experience to an investor who has made a cost in the 130-140 dollar region and caught in a decline. If it passes 130 dollars and can make two closings above it, it will pass its old peak. It passes 140 and goes to 153 and 170, but there the investor takes on this psychology. If it passes 130, when it goes to 153 and 170 here, the man who says damn it, I made a cost in the wrong place in the decline from 130-140 dollars to 90 dollars, this time takes on this psychology. It's a good thing I didn't sell, it's going anyway, here's how wrong the psychology in that decline will be, here when it reaches 170 dollars corresponding to Fibonacci 1.618, the investor should not remain in love.

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are provided within the framework of the investment consultancy agreement to be signed between brokerage firms, portfolio management companies, banks that do not accept deposits and customers. The comments in this article are only my personal comments and these comments may not be appropriate for your financial situation and risk return. For this reason, investments should not be made based on the information and comments in my articles.