$Palantir Technologies Inc.(PLTR)$ I added a new starter position today. In my opinion, the gap still needs to fill, but I'm buying at oversold levels with RSI 40 and previous support at $130. Argus upgraded to a buy rating with a new potential price target of $190. Patience is required.
$Palantir Technologies Inc.(PLTR)$ Enterprise AI demand for Palantir remains very strong. The commercial opportunity is still being underestimated. AIP adoption is accelerating. The company remains one of the primary beneficiaries of the AI buildout.
Usually, it's during these pullbacks that the next winners reveal themselves. Here are the four setups I'm watching closely right now: $SoFi Technologies Inc.(SOFI)$ CEO is buying shares on the inside while the stock is down nearly 50% from its highs. The weekly chart structure is starting to flip bullish again, and the sentiment feels washed out. $CoreWeave, Inc.(CRWV)$ Still one of the most overlooked names in AI infrastructure. Massive backlog, connection to Nvidia, and the chart looks like it's building energy for another leg higher. $Palantir Technologies Inc.(PLTR)$ Probably still the cleanest pure-play AI software trend in the market. Tig
$Palantir Technologies Inc.(PLTR)$ Wired is putting out negative coverage on Palantir regarding the UK contracts, NHS and Defence, which is having a small effect on the stock. The $760 million contracts with the UK are under scrutiny from a minority who think Palantir could end up controlling part of the government. Microsoft and Amazon have faced similar issues. Something worth watching. I remain long on it.
$Palantir Technologies Inc.(PLTR)$ Honestly, over the past few months, I've been wondering... did it really make sense for it to be below $160? Of course not!
$Palantir Technologies Inc.(PLTR)$ To be honest, I think PLTR should be trading around the $180 range. It's hard to get too excited at $140-something. But it's a great company. It'll get there once all the financial institutions need to get in. This price is just too low.
$Palantir Technologies Inc.(PLTR)$ NAS is looking green. I think PLTR could go over 140 today. Worth watching the move for a bit. As for Nvidia, it seems to be continuing its upward trend.