NYSE:PLTR
Palantir has reoriented to showing a more Bullish upward trend since its major breakout from previous analysis.
When the Presidential Election is finally over I expect the Overall Market to return to normalcy.
Allowing stocks to grow naturally based off of true fundamentals.
The Partnerships and Contracts for this company are too strong not to...
PLTR has had some huge moves considering the weakness
in the market. Whether it be Investors or traders or it provides
a possible long opportunity in the days to come.
Need to be cautious of rejection at previous high.
Alert set for break above $11.05 for possible long to $12.00 - $12.50
NYSE:PLTR Palantir Technologies the most Controversial and Patriotic Investment?
Recently IPO’d, after an initial sell off where some higher-ups sold some Class-A shares for profits and income... Palantir is slowly regaining steam.
It has already increased its revenue up approx 50% in the 1st half of 2020 compared to the same timeframe in 2019...
Continues to...
Palantir Technologies offers a suite of software applications for integrating, visualizing, and analyzing information. Palantir software allows analysts within and between government organizations to collaborate and to analyze large quantities of data. It was founded in 2004 and headquartered in Palo Alto, California.
Currently is breaking through the wedge pattern into a possible downtrend channel, and the volume seems to reflect it.
If it does bounce back up and break through it will take some time to the target sell price. Otherwise, the downtrend target buy price could be reach rather quickly.
I like the hammer candle ok and it is forming a nice retest of that gap off of the big up day. Gave it a little extra wiggle room because it is a new name.
According to chart, it appears that insiders are methodically dumping their shares every the price breaches the $10 threshold. No position and don't like this ticker - they have turned a profit in over 17 years.
Palantir will be a hard one to play, we can see a gap trade in close proximity, and a Fib ratio that would create a good support zone. Premarket is up just a little, will see where this one goes!
Day before ended with a large sell-off, investors could likely sell more shares, stock will end up being a long term holder, I believe.
PLTR is on our watchlist as the 17-year old data mining company’s IPO with government agencies like Department of Defense, the CIA and ICE as its clients has growth potential. Look to establish Leaps on PLTR with dips into 9.50-8 range with expiration into 2021. Trade execution explained in video update.
PLTR is on our watchlist as the 17-year old data mining company’s IPO with government agencies like Department of Defense, the CIA and ICE as its clients has growth potential. Look to establish Leaps on PLTR with dips into 9.50-8 range with expiration into 2021. Trade execution explained in video update.
