Palantir will move after earnings so hold tight !
As long as Palantir remains within the upward channel, it’s still in play!
There’s an imbalance guiding the price, preventing it from dropping. We’ve seen the price attempt to go up twice already, so as long as Palantir stays within the channel and respects the imbalance, I’m quite confident it will make a third attempt to break the high.
On the other hand...
We have the earnings report coming up Monday pre-market, so whatever happens at the open, we’ll know which direction the price will take based on the report’s results.
Keep a close eye on this!
Best regards.
There’s an imbalance guiding the price, preventing it from dropping. We’ve seen the price attempt to go up twice already, so as long as Palantir stays within the channel and respects the imbalance, I’m quite confident it will make a third attempt to break the high.
On the other hand...
We have the earnings report coming up Monday pre-market, so whatever happens at the open, we’ll know which direction the price will take based on the report’s results.
Keep a close eye on this!
Best regards.
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