Some fundamental catalyst should need to occur, and if we can break above short term resistance, we can be well on our way to 27-30. What do you guys think? Inflation coming down would likely assist.
PLTR recently received a close to half billion dollar, 5 year contract from the military complex (in addition to some commercial contracts and expansions). If the stock didn't move much from that, it won't move up now. Buyers are assuming it's already priced in at these levels. We also failed to break out of an upward channel a couple weeks back. Se here we will...
It's not quite there, but it's certainly on track... don't take this as a prediction of the future because well that's impossible. Lot's will need to line up for this to occur but so far so good. Retailers selling off, institutions are buying, and the company is growing 20% YoY. If growth improves near the 14-15 dollar levels, we could see a very bullish...
Technicals lining up. Just need a fundamental nudge. What do you guys see in the short term? Not advise or price prediction.
I think PLTR will have taken advantage of the recent demand they've been getting. Closing deals thanks to bootcamp's. After this current move to the downside, we're nearing oversold territory on the daily and ready to cross upwards over the zero (0) line on the Chalkin Oscillator. Technically, potentially, we're looking at a positive price reversal. The...
I told myself that if Tesla reached the magenta box I'd start doubling down on my DCA.
Just something to remember for the long term investor.
Head and shoulders seems to have been activated. I believe we could drop and potentially fill the gap prior to earnings. I see this as a good buying opportunity for me. This is coming from a long term investor. This is not a trade nor is it trade advise.
Somebody knows something. I'm watching closely. Recently, rep. I'm the House Financial Services Committee bought this companies stock. Not trading advise. This is public information.
The market needs to get used to the price range for a short while. We'll bounce between 20 & 26 prior to earnings, which I believe will be promising. It may be a sell the news event but only if the earnings "just" beat expectations - as that would be disappointing to the street given all the hype Karp has been pushing. If we get a big surprise, it'll add fuel to...
I only know about this stock now because Nancy Pelosi bought it. Good luck all.
AI advancement, geopolitical turmoil and power grabs, inflation, structural societal changes. What could possibly be driving us fatefully into this new era. Something in the macro is brewing. Could we really be this close to testing the top of this almost 100 year channel for the S&P 500 (roughly 15% from today) ? Do we break out or fall back down? What happens...
Or I could be wrong... I make shit up as I go. See you guys on the other side!
Round and round she goes. Where will she stop? Nobody knows...
Love using monthly time frame. We're coming to a point where PLTR will break out the first half of the year. My best guess is up given typical macro trends during intra-election years. Although as always it's anyone's guess as it could break downward if we learn of a negative macro event such as a large war or another major country's economic collapse. Anything is...
PLTR has come a long way from speculation and misunderstanding. I have been following PLTR from it's IPO and have been happy to see that the mainstream is open to listening and hearing the leaders of the company break down the importance of their mission and product, and have thus far succeeded (not without serious pushback). The difference between this year and...
I run my analysis from a fundamental POV. Not taking into account only a companies profitability and ability - the overall market as well. There's a lot of downward pressure, in addition to twice as much uncertainty. Up will not be the direction as there's just not enough conviction in the overall market. I think we'll be retreating down to the support,. 16-17...
Struggling to keep at current levels as shown by the H&S pattern. We've gone up over 100% this year. Down she comes for a nice reset to buy back in. Keep in mind that this company flows tightly with the macro economy. So when there is overall fear in the air, selling off occurs significantly. That said when things are looking up price movements are significantly stronger.