To The Moon

Buying more as rebound Pltr 

PLTR: Rebounding and Accumulating for the Next Move

Palantir Technologies Inc. (PLTR) has been on my radar for quite some time, and with its recent price movements, I decided to accumulate more shares as part of my long-term strategy. I purchased 0.01184 shares at $84.44, capitalizing on what I see as a rebound opportunity. As of now, the stock is trading at $87.05, reflecting a +3.05% unrealized gain on my recent buy.

Why I’m Buying More PLTR

Palantir has demonstrated strong resilience in the AI-driven tech space, and despite market fluctuations, I remain confident in its long-term potential. The stock recently experienced a pullback from $125.41, correcting to a more attractive entry level. Based on the Bollinger Bands and technical indicators, I see the lower band support at $72.72 and the upper resistance at $100.25, making current levels an ideal accumulation zone.

Short-Term and Long-Term Strategy

With 33 shares in my portfolio, I’m balancing both capital appreciation and income generation through options trading. My plan includes:

✔ Selling covered calls at resistance levels to collect premium income while waiting for the next breakout.

✔ Accumulating on dips, especially near the lower Bollinger Band range.

✔ Holding for long-term AI growth, as Palantir expands its government and enterprise contracts.

While short-term volatility is inevitable, I’m positioning myself to maximize gains both through price appreciation and strategic options trading. Looking forward to seeing PLTR break resistance and push towards triple digits again! 🚀