Palantir looks like a classic Bubble in the MAKING
Now I don't like picking tops and bottoms, so that's why I have chosen Neutral for this.
However, the market is driven by more greed and potentially soon Fear than usual.
ANy market that climbs beyond 60 degree inclination, should indiate potential warnings of a major crash to come.
That's because, it gets to the points where the NAV is far below the actual price.
And what drove the market is perception of the people, which is fickle.
So we can watch and see how it plays out - But no way would I buy with a market that looks like this.
However, the market is driven by more greed and potentially soon Fear than usual.
ANy market that climbs beyond 60 degree inclination, should indiate potential warnings of a major crash to come.
That's because, it gets to the points where the NAV is far below the actual price.
And what drove the market is perception of the people, which is fickle.
So we can watch and see how it plays out - But no way would I buy with a market that looks like this.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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