I've received a lot of questions about PLTR, so here’s my take:
Initially, if it were to approach $100 for the first time, I’d have nothing to say—it would be extremely risky, especially after the strong rally we've seen in recent months. The first approach to $100 can make strong retracements.
However, after analyzing the chart about a few weeks later, we got a solid weekly close above $100, which started forming a more structured setup. Now, there's at least a decent technical case for making a decision.
The highlighted box could be a reasonable buying zone—but keep in mind, this is still risky. Technically, it's shaping up, but your fundamental conviction should be strong.
Fun fact: In my home country, a well-known investor, Investor Toomas, has added PLTR to his portfolio. While that’s an interesting signal, we don’t know his holding strategy or reaction to current market moves but still, we can take it as a small confirmation from fundamental analysis.
Final Thought: Do your own research - buy it, skip it, the choice is yours! I can confirm that technically there is at least something to consider.
Cheers, Vaido
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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.