Long
PLTR forecast
PLTR's forecast uses continuity and the previous trend. As a long-term strategy, this company just acquired new contracts with the Armed Forces, Homeland Security, and other private firms. On the short-term, the new stimulus is about to be approved, so the market should get a strong influx of $$$.
Trade active
Today was a nice day with a 7% return on my investment. I can't help to think that PLTR has a huge potential to go parabolic again. Today, PLTR exceeded the 50% Fibonacci level (or $25). Assuming that my forecast analysis holds, we could see PLTR reaching $30 (or a 20% increase) by the end of the week. Especially, if WSB goes after this stock again as they did in January.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.