OneTimeOs

PLTR Almost To Bottom, Strong Support At 20 W/Reversal Soon

Long
NYSE:PLTR   Palantir Technologies Inc.
PLTR continues to gain clientele with a recent Japan contract acquisition. While these smaller deals aren't as big as the US government contracts it shows the world wide confidence it's AI technology has gained. Palantir started as a meme stock, has been shorted, and accumulated. This ticker doesn't like being under $20.00 and has shown strength in the past below that price. With the threat of online hacking and AI advancements from Russia and China, PLTR will be a household name in the next 2-5 years.

Am waiting for bottom confirmation at support and then a close above the .786 for long calls going into march. PLTR will shoot for a $30.00 retest and once it breaks through it will run.

Disclaimer

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.