Palantir Follow-Up - On the Sidelines
$PLTR
Wanted to post these given the recent post-earnings move in PLTR 0.00%↑ and given how up-front the name was in my portfolios over the past year.
I think it’s stuck here at the least, with potential for some pullback
That’s an awful lot of breakaway gaps if that’s what those are. Momentum has clearly been reigned in.
The relative chart has been a beauty since the breakout.
At the very least, the local highs of $125 provide near-term resistance. I need to see a hurdle over above to begin to get constructive in the hopes of outperformance.