Trending Assets
Top investors this month
Trending Assets
Top investors this month
$PLTR - Need a refresher...inputs?
I remember doing a lot of reading on $PLTR more than a year back, however my rules based around price action kept me far away from the stock long enough to where I have seem to forgotten most of the stuff I read because it was usually on a plane headed somewhere. However I do remember Palantir has a pretty strong moat to their business & structure. With that being said, it is trading below its IPO price and (maybe?) seems to be forming a stage 1 base. Have seen bull cases for PT to $20 and bear cases of it heading to penny stock levels. I probably won't look at it again until trades steadily over a rising 30-wk MA (green line), but for anyone starting positions down here or adding as it floats above that $6.50, would love to hear your reasoning.


Image upload

Related
Already have an account?