Palantir has found it’s Support
Palantir now has finally found its 200 day movingaverage. From here on with its strong positive revenue Year on year, we are still set for a very positive 2021. Contracts after contracts, this quarter’s results I reckon will be highly positive.
Peter Theil has warned before that Pltr will continue to invest in companies and its own technologyand they are still holding true to that. As a young and growing company, I would say that that is what we want to see as investors. If the company isstagnant, it will not grow.
At current moment, if it breaks $23/- as mentioned in my previous post, we are set to go for $25/ and $27/ next. It will be volatile at the moment has most retail investors are skeptical and are buying and selling based on news and feelings. All in all Palantir will no doubt in my eyes easily double in the coming years. I’m always buying in at lows ard 18-21.
What’s your move?
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