Pltr prediction (Short term movement)
Palantir secures $250M Army contract that explains the rise today.
Source:
https://seekingalpha.com/news/4015614-palantir-secures-250m-army-contract
According to the chart, bullish divergence is spotted and double bottom signifies a bullish trend.
The 50 day moving average is still above the 100ma and 100 day ma is still above 200ma so it is still on an uptrend despite the recent pullback.
The worst month for stocks is almost coming to an end and October will be a good month for stocks (according to past history but nothing is guaranteed).
Anyway PLTR is not inside S&P500.
As always DYODD this is not a financial advice
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