Look out for a break down of the pattern. Placement of a stop-loss is a very good idea.
I expected short term prices in the low 50's followed by a break of this rising wedge upside in early 22
High probability for upside, relatively low probability for downside continuation.
This is solely based on my fundamental analysis. I think it is very well possible in the short term for a dip sub 18$ or even further (especially due to the current high growth selloff) to occur but over the next months, the strong fundamental track record and relatively cheap valuation compared to peers (+ higher growth rates) should catch up. Any dip under 15$...
Palantir big short opportunity as support at 21$ broke
At a more typical 10-15% discount, the stock has 50-60% upside. The gap should eventually be closed. German shares are 100% equal, only downside is lower liquidity.