Palantir Clean Break Out

Nov 17, 2023

Palantir has broken out cleanly now, this week.

Target is 24.

Nov 25, 2023

Trade active

As we would expect, we had a retest of the break.
Should see buyers stepping in. Stops at 17.90.

Dec 8, 2023

Trade closed: stop reached

Looking for better opportunity to enter.
I am bullish on Palantir.

Feb 5

Note

Previously got stopped out. Awaiting earnings today after close.

Feb 6

Note

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!

Feb 7

Note

Taking 1/3 off from my trade.

Feb 8

Note

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!