SamSuka
The Long Investor
The Long Investor

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$PLTR TOP 20

$PLTR reports after the close today and it is likely going to be a difficult day for any company to report, nevermind a company that needs a very strong showing and can not afford to have a single blemish, because of the very nature of their overvalued fundamentals.

The $84 level has rejected twice now and this is a technical resistance level, as shown from the blue breadth ranges but many are talking above $PLTR moving to $100, which is simply a psychological level because of it being a round number (yes people think like this which is also bizarre)

There is a -/+14% implied move post earnings so there will be a strong move later on today, I will keep to my projection that a solid ABC pull back is needed before this could be tolerated as a Buy again.

$PLTR TOP 20

Comments

CAP, would you sell your last 20% at this level?

MuaSer

yep down to only 20% holding now

Gareth Neary

You still have 1 buy in cap?

Jesse Gaffey

Was about to say the same

Matthew Laracy

Round numbers - yes but price often gravitate to them

Stanley

That’s a new technical term

Gareth Neary

Loving the delusional level on the chart πŸ˜†

Phil Smith


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