Palantir Stock: longterm 4hPalantir has been displaying strong bullish momentum, with a clear upward trend on the chart. The stock has been making higher highs and higher lows, indicating a healthy uptrend. This suggests that there is underlying strength in the stock and a positive outlook for future price appreciation.
To manage risk effectively, we have marked fat lines on the chart, which represent our stop loss levels. These lines serve as a visual guide to protect our positions in case the stock experiences a significant pullback or a change in the overall market sentiment. By setting stop loss levels, we can limit potential losses and protect our capital.