True opportunity comes with NO ONE IS LOOKING! Once market participants have written off an instrument as a bad investment... that tends to be the bottom.
Palantir NYSE:PLTR has mostly fallen off the radar of most traders and investors as most that bought it in 2021 during the SPAC craze are underwater. There have now been some interesting developments with Palantir specifically with a Google Artificial Intelligence entering into a partnership with Palantir.
The best advertisement is a rising price. You can be sure if Palantir stock recaptures 20/share the media will look back and point at these events as the "reason." The OPPORTUNITY was really on March 15th and I posted my trade then. This video shows what true technical analysis opportunity looks like and why investors need to leverage trading skills to find the best entries for long term investment opportunities.
تعليق
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*Correction: Palantir (PLTR) was a Direct Listing, not a SPAC*
Hey @norok , thanks for the video! Could you please compare PLTR with TWTR? I'm seeing almost the identical price action setup in both.
norok
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@SarahTrade, I see it. Both made spikes on 2/24 and both have been rising over the last two weeks. If there is a connection I would say that they are both benefiting from the "risk on" sentiment that has returned to the stock market with high volatility stocks getting outsized benefit.
hardtail85
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Thanks @norok! I got in as well based off of your insight, and after doing my own analysis as well on the 16th. Its hard to drown out the noise of the news and the hype of a rising stock. I am learning that (sometimes the hard way lol) more and more as we move into 22. Thanks again!
norok
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@hardtail85, Always glad to hear someone getting value from my publishing!
WoodyA974
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Thanks @norok, very interesting insight, I like the way you present your ideas
MAKrisp
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Interesting piece here and a great explanation. If an acquisition or buyout were to happen the only way PLTR share owners would then get GOOGL shares would be because of an all-stock buyout correct?
normantrades908
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You really do such a great job with your explanations/logic regarding TA. You mentioned that you got in on 2024 calls so you are obviously looking longer term but do you think this is still a good entry or perhaps wait for a pullback?
norok
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@normantrades908, As always, I will be patiently waiting for a pullback to add shares.
Declutter69
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Thanks for sharing your insights on PLTR. Hey any chance to get your view on this stock called Huya? Keen to make a video on it ?