Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. The company recorded revenue of $392.1 million in the quarter and non-GAAP (adjusted) earnings per share of $0.04. Earnings for the period were in line with the average analyst target, but sales beat the analyst consensus by $5.54 million. The big data analytics specialist also raised its free cash flow (FCF) target for the full-year period, but that wasn't enough to stop the stock from selling off following the earnings report.
But Still this doesn't work in its favors and drop down from resistances 28$ mark to 22$ mark. If it able to hold this position then we can see a up trend towards 28$ mark but if it keep moving down then 20$ is a good support for this.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
But Still this doesn't work in its favors and drop down from resistances 28$ mark to 22$ mark. If it able to hold this position then we can see a up trend towards 28$ mark but if it keep moving down then 20$ is a good support for this.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
