Firstly, I am not buying this bounce as anything more than an extension of its corrective Wave 2 and secondly, I am not chasing this.
$PLTR is attractive with an average at under $12, not at $15 or $16.
Their slow growth and still not profitable for the year means that they have a lot of work still to do and maintain.
I will add when this pulls back and no sooner, I will allocate my $PLTR capital into $AMD if the price does not reach my target.
$PLTR was anticipating winning the lucrative NHS contract again but this announcement has been delayed until the middle of October.....that would give $PLTR plenty of time to pull back to our target by then.
Dipen Patel
2023-10-01 20:09:13 +0000 UTC