Palantir $PLTR Sub $10 Before Earnings?PLTR missed forecast by nearly 45%, the CEO (Karp) has been critical of short-term event horizons.
Couple the previous miss with:
- Economic: Macro headwinds due to sharply rising prices w/ rampant inflation that's looking to be persistent
- Technical: Support on the 20/50 EMA will be tested again seemingly, bigger focus is being rejected without gaining momentum to test the 100 EMA is a surprise
Next few days' price action will be interesting.
Earningscall
VFC: Next Short Target is $60First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I am bullish VFC pre-earnings call and expect the next short target to be $60. If I held this stock however, I am not sure I would hold on to it all the way to its upcoming earnings call this week. Given the time period we are in, I don't have positive confidence for it. There are much higher growth stocks, but this is still not a bad bet pick wise. I think it is about to dip, which is why I would suggest a sell off to mitigate risk prior to a bullish retracement wave potential.
RYDER: $40 Short Sell TargetFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, I want to make a few points. Ryder had its recent earnings call today, which overall wasn't positive but still beat many estimates and expectations. Given that, the growth potential isn't as much as it could be, however it shouldn't meet a bearish run as a result. I think given the potential growth correlations for the next few month, it could still peak towards or past the $40 threshold.