alex.inoa

$PLTR Bullish Outlook

Long
NYSE:PLTR   Palantir Technologies Inc.
Profile:
Palantir Technologies, Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. It offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. The company was founded by Stephen Cohen, Nathan Dale Gettings, Joseph Lonsdale, Alexander C. Karp, and Peter Andreas Thiel in 2003 and is headquartered in Denver, CO.

Analysis Idea:
Price Action seems to have arrived at a turning point, as the correction structure seems to indicate. If this analysis is accurate, we have an excellent Entry Point with very low-risk exposure compared to the gains expected.

PE (Point of Entry): $24.90 - $26.00
SL (Stop Loss): $17.06 (~32%)
TP (Take Profit): $45.00 (~80%)
Projected Performance: ~80%
Position Span: Medium Term (6-10 Weeks)


Fractal Rider | Alex Inoa
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