Im Kamal
2022-02-27

$Palantir Technologies Inc.(PLTR)$is a good buy now?

Buy dip is opportunity. How dip can it be? Thats a question for this 23.28B market cap asset.

Thursday is remarkable day for PLTR hitting back Oct 2020 RBS zone, i would say this should be thestop zone for it and wish it wont dig deeper😅.

Great thing happened on last Thursday which mother engulf perform at support 10.10, atleast for now I know investor is in pain, pump to make sure it does'nt go lower.

However, for now it is not yet a buy call to me as itstill downtrend (trend is your friend my friend)😆.

A testing of breakout or touching 14.62 higher to me is a first big sign that this stock is in investor eyes.

Here is my plan with PLTR, i will wait price action hit 14.62, pullback at range of 11.80 to 10.10 again to join as buy below, otherwise I will wait for clean breakout 14.65 hold above than only I will join holding up to 23.31.

What say you, guys? Mind share it. Im still newbie in market😅

Disclaimer: This article is not to influence anyone to perform buy or sell in market. I love discussion and opinion. It's just for discussion among trader.

Cup of coffee & happy trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • AfraSimon
    2022-02-28
    AfraSimon
    Someday my buying addiction here at Palantir will pay off big time in the Long Term.
    • Im Kamal: 
      Surenit will☺️ stay positive
  • MatthewWalter
    2022-02-28
    MatthewWalter
    expect a big run towards $20 with ppl realizing......Germany increasing defenxe budget and Alex karp just happens to be there....
  • CyrilDavy
    2022-02-28
    CyrilDavy
    this stock could literally run back up to all-time-high ($45+) within a month given all the new government spending
  • MyrnaNorth
    2022-02-28
    MyrnaNorth
    So glad I can get back in here close to $9 for another swing. This ain’t an investment.
  • FranklinMorley
    2022-02-28
    FranklinMorley
    Patience until then, a lot of room to run lower if things get worse, into the $5-$7 area
  • AdrianTan
    2022-02-28
    AdrianTan
    This one would see plenty of volatility in the foreseeable future. If your planned holding period is not for years, youd be better off looking elsewhere. But depends on your strategy and style!
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