Long
PLTR - somebody knows something
I'm holding Palantir as a very long term investment, but for those who don't:
look at today's volume and price move.
As this happens several days before earnings, I suggest that big boys which were already buying, starting buying even more into earnings.
look at today's volume and price move.
As this happens several days before earnings, I suggest that big boys which were already buying, starting buying even more into earnings.
Note
I don't like what stock is doing after earnings report. It's loosing momentum. It looks like the market is less happy with the results vs valuation than it could be.This can be a consolidation, but also can be a fake out break out.
Zacks just issued a "sell" rating, it also doesn't help to move the stock up.
The bearish case is that the stock will go to 10ish, and it's still in play.
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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.