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The price keeps moving along the downtrend channel. I wonder what it takes to break this resistance.

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Stormy waters seems to be over for the stock after controversial and debated earnings report followed by expiration of lock-up period. Palantir is much like Microsoft in 90s. Everyone understands the importance of data in the era when business is made @ the speed of thought. Harnessing the power of data, though, is not an easy task at all. There are a lot of...

game_trader Updated 

A lot of bets were made towards the earnings day, which in its turn is linked to lock-up expiration period (3 days after the earnings). The D-day is about to play out next week, which will also "coincide" with Feb option expiration. After short & gamma squeeze drama with BANG stocks ($BB, $AMC, $NOK, $GME) earlier in the year, the frenetic market activity...

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Alerts for breaking the downtrend and 0.38 fib-level: $28-28.5 Target 1: $33 Target 2: $38 Target 3: $43 Target end 2021: $50 as per analysts

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Update to my previous post: Short-squeeze frenzy ignited volatility and catapulted the stock new consolidation level around $35 as point of control. Further play will be much driven by earnings and lock-up period expiration on Feb 16 or 17. Potentially, we may see pull back to key support level of $31 with possible false break-outs to $28 and in worst case...

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The main thesis is that $REGN pattern is similar to $ABBV; though it needed a catalyst for reversal. Today's news is the one + earnings next week. Target 1: $575 - short-term (earnings as catalyst) Target 2: $615 - mid-term (post-earnings till next earnings) Target 3: $650 - mid-year

game_trader Updated 

Break-out from the previous long consolidation, the stock is moving towards bull flag/pennant formation with 31 as support and 36 as resistance. Important milestone: earnings and lock-up expiration 3 days later; which promises potential volatility from now.

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Bulls energy was not enough to break out over $130-131 resistance level; though intraday break-outs occurred. Consolidation continues with retracement to lower $120-115 range. Entering below the resistance is risky though. And the assumption above of course remains a hypothesis. Therefore, I'm waiting for confirmation above $132 resistance with bullish...

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Though stock is deemed to be overvalued fundamentally, it is floating upward forming the channel. Based on the trend pattern and fib level - this week it may test 154 level.

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Classic case of fib level retracements Target 1: $140 Target 2: $150 Target 3: $160 There are resistance levels to break between the targets. RSI and MACD suggest there's energy to break towards target #3 prior to earnings. Considering PEG, future outlook, product pipeline, news storyline and environment - MRNA has a good potential for 2021. Earnings call...

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Symmetrical triangle break-out Target 1: $28 Target 2: $31 Target 3: $34

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$35-35.5 - breaking this level opens the road to target 1: $43 Target 2: 48 is potential if trend is broken

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Depending on Q4 earnings results and guidance, the stock may target $50. Estimated 1.4 EPS for 2020 implies $80 @ current PE level of 57. Overall, the prospects are good for this company. However, the road ahead will be bumpy, especially with IPO lock-up period ending in late March. Earnings announcement date is expected on Feb 09; however, tradingview charts...

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Hypothesis: side move to continue before monthly options expirations

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My hypothesis for next few weeks. Lock-up period expiration and earnings can dramatically change the layout though.

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Strong fundamentals. Risks are related to the nature of the business However, as the pandemic folds and healthcare sector accelerates, companies like $BIO, $QDEL, $LH are the ones behind the scenes.

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As it was laid out previously - the retest of major support line @ 37 with false break last week is done. Bouncing upward towards trendline and major fib resistance @ 43. Gaming season will continue fueled by stimulus. PS. Refer to related posts

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Consolidation below major trend line. Stifel is one of beneficiaries of massive stock market frenzy. Doji candles hint that consolidation since Dec 15 is potentially preparing to break out. Target 1: 55-56 Target 2: 60-61 Likes and comments are welcome.