PLTR TECHNICAL UPDATE
Long term investment banger Palantir.
No debt, efficient business model where its operated via cash flow, although burning enough of it to focus on R&D, this company has enough experience to manage itself considering it has been operating within the government sector for the past decade, it has an accelerated growth company with 3x yoy revenue increase, looking into broaden itself into the commercial sector.
This stock imo is my next outperformer, with target prices reaching to 120% gains within the next 6 - 12 months, 300% within the next 18-29 months.
Considering this stock is at an unbelievable buy zone and has fallen way under its intrinsic valuation. I am personally making this 80% of my portfolio.
On the technicals side, way oversold RSI, great bounce on the .786 retracement with a 5% move up, a forming inverse head and shoulders pattern, and to conclude, 3 exhaustion gaps seen within the chart each of them having a near 70-80% chance of getting fulfilled.
Lots of interest on the reddit community, making this stock the signpost of wallstreetbets.
Im jacked to the tits on this stock now that its so cheap and would look to hold it for the next 5 years.
Not financial advice.
LFG
No debt, efficient business model where its operated via cash flow, although burning enough of it to focus on R&D, this company has enough experience to manage itself considering it has been operating within the government sector for the past decade, it has an accelerated growth company with 3x yoy revenue increase, looking into broaden itself into the commercial sector.
This stock imo is my next outperformer, with target prices reaching to 120% gains within the next 6 - 12 months, 300% within the next 18-29 months.
Considering this stock is at an unbelievable buy zone and has fallen way under its intrinsic valuation. I am personally making this 80% of my portfolio.
On the technicals side, way oversold RSI, great bounce on the .786 retracement with a 5% move up, a forming inverse head and shoulders pattern, and to conclude, 3 exhaustion gaps seen within the chart each of them having a near 70-80% chance of getting fulfilled.
Lots of interest on the reddit community, making this stock the signpost of wallstreetbets.
Im jacked to the tits on this stock now that its so cheap and would look to hold it for the next 5 years.
Not financial advice.
LFG
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