Palantir: Fresh Breakout Holding Strong Above Short-Term Averages
$Palantir Technologies Inc.(PLTR)$
$200.47 (+3.04%): Fresh breakout; momentum firm while holding short MAs
Market Recap (as of Oct 31, 2025):
Palantir closed at $200.47, up +3.04% on a wide $197.92–$204.18 range.
Volume 52.70M vs 62.34M avg (~0.85×)—healthy but not blow-out, consistent with an orderly breakout.
After-hours ~$203.56 (+1.54%).
Technical Indicators Analysis:
RSI(14) ~67 (bullish, not yet overbought).
MACD(12,26,9) positive and widening (MACD ~5.32 > signal ~3.64; hist ~+1.67), confirming upside momentum.
Price is above 9-EMA/9-DEMA (~$191/$197) and riding the short-term trend channel; holding prior breakout zone should keep buyers in control.
Base case (1–3 weeks): sideways-to-up while above the breakout shelf; momentum continuation setup.
Support / Resistance:
Support: $188.30
Resistance: $204.0–$206.0
Valuation and Target Range:
TTM P/E ~668× with TTM EPS ~$0.30; no dividend. Near-term trading map: hold $196–198 → probe $204–206; a strong daily close > $206 opens $210–$214.
Loss of $196 would risk a fade toward $192–$190 (near rising EMAs).
Risk Statement:
High multiple plus headline/AI sentiment can amplify gaps around earnings/guidance; use strict risk controls. This is technical commentary only, not investment advice.
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Data Source: Yahoo Finance & TradingView (daily chart, Oct 31, 2025). Prepared by Tiger Morning Brief | For internal use only.
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