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mansur7

Palantir Clean Break Out

Long
Palantir Technologies Inc. (NYSE:PLTR)  
mansur7 Updated   
NYSE:PLTR   Palantir Technologies Inc.
Chart Patterns Rectangle
14
0
chartpattern rectangle
Palantir has broken out cleanly now, this week.

Target is 24.
Trade active:
As we would expect, we had a retest of the break.
Should see buyers stepping in. Stops at 17.90.
Trade closed: stop reached:
Looking for better opportunity to enter.
I am bullish on Palantir.
Comment:
Previously got stopped out. Awaiting earnings today after close.
Comment:
Earnings was not out of the park but Palantir message from this earnings season is that they aren't overly reliant on government no more.

Will get in tonight!
Comment:
Taking 1/3 off from my trade.
Comment:
Raising my target to 26.

I have 2/3 of the position open. 15 mins 10 and 20 EMA is acting as support, will monitor that closely tonight. Good luck!
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