Since the beginning of this year,$Palantir (PLTR.US)$'s earnings reports have consistently exceeded Wall Street's expectations. Aside from the downward trend in early August, its stock price has shown a "low open, high close" trend, with the rest of the time following a "high open, high close" pattern. Based on historical financial data, Q3 revenue is expected to continue its rapid growth,with a projected quarter-over-quarter increase of 7.8%.
Despite the downward trend in the broader U.S. market influenced by last week's earnings from the "Mag Six," institutional holdings have not significantly changed.Data shows that retail funds experienced net outflows most of last week, while institutional large orders showed net inflows.
I’ve drawn two trend lines for$Palantir (PLTR.US)$'s stock price from August to now, and it hasn't broken below the trend line, suggesting a potential pullback to $45. If tonight's price stays above $40,the likelihood of a short-term upward movement may remain strong.
In terms of options activity, most of the 0DTE options are call options, primarily concentrated at the $50 strike price, while put options are mainly centered around $40. Calls have a slight edge over puts.
Overall, I am leaning bullish on$Palantir (PLTR.US)$post-earnings. However, an unexpectedly large sell order for call options before last Friday's close could indicate a bearish signal. I’m curious to hear what other mooers think!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
102125483 is my name : SHORT
Coach Donnie : Hold
Coach Donnie : Buy and Hold while it goes to the moon