Has not broken trend yet.

meowing : nice analysis!

Lalula : Depend how u look at it

PayMaker OP Lalula : its broken the short term trend from $46.5 but the longer term trend it hasnt broken, i suspect it will bounce off the trend line after another test or two and then up to 90 hopefully

10baggerbamm : keep telling yourself that you can draw pictures all you want pltr momentum is broken. it broke its 20 day it went through the long-term lower Bollinger band moving average last week and the gap for its weekly chart is 55 bucks support.

PayMaker OP 10baggerbamm : cool bro, time will tell i bought in around $28 so I’m happy

Rich Or Rat : Could be 58-60 if dropped. If you understand what is going on now They just want to push down the price for them to load. Just nothing for long-term investor

PayMaker OP Rich Or Rat : no worry for thw long term investor

10baggerbamm Rich Or Rat : it doesn't work that way there's no vendetta where institutions collude intentionally push it down and say we're going to sink this ship so we can buy a cheap and retail it out.
momentum comes and momentum goes you can't say palantir did not have a great year last year.
and now palantir faces the same bobbleheads that Nvidia shareholders have been facing for some time literally since last July.
you see the regurgitation that is told Time after Time after Time with Nvidia is their growth rate is slowing because of the rule of large numbers and then we don't know when all of these hyperscalers will have an roi on their capex and will it continue or are they going to slow down because you have other companies building chips and gpus that they can program themselves and this provides an alternate solution outside of Nvidia so their sales potentially are at risk.
the same story is told over and over again it's on TVs it's on every chat room it's on every bobblehead social media platform and once it reaches that level of discussion it's very difficult for stocks to advance.
volunteer is now going to be faced with the same problem because PE is thrown around with palantir and if you just use that matrix it fails at every level that it's the most expensive stock it's at the egregious bubble valuations that it can't sustain it's impossible. and this is the discussion that started when palantir began to curl and turn down by a few people now it's prevalent and it's only going to accelerate oh it's such an expensive stock, there's far cheaper software companies out there that offer greater risk reward greater return than pltr
and this is the headwind that they will be facing so it doesn't matter that Doge is all about efficiency and volunteer saves time and time is money common Sense will not work when a stock is in a consolidation phase and a sell-off phase it doesn't work. volunteer right now is being sold on rallies is being shorted and is being used as a source of funds for other large cap comparable companies in other words if you're a money manager you're selling palantir you're not buying a quantum stock with that money you're going to buy Apple you're going to buy Microsoft you're going to buy another great company that has sold off that has clear earnings visibility going forward.
palantir is going to be a winner for years to come right now it's going to take a pause and it could drop another $5 and this is why when it began to roll over I told everybody and you can go back and look you may want to sell and take some of your profits off the table take your principal out leave the profits sell some calls against the stock and I gave Target prices all the way down and they have been hit the whole way down the line.
so screaming at your tablet or phone for the stock to go up doesn't work I've already tried it takes time for money to cycle back into a great company after it sells off and that time requires the company to put the numbers up to get contracts to woo investors back to them that left.
if it does take a hit a five more dollars I'm buying more and if it falls five more I'll buy more I'm not going balls out crazy and purchases so as an example.
let's suppose you own 500 shares now of volunteer to pick an arbitrary number and you'd say I'd love to have another 500 shares I've got the cash I would pick at it. if you get a down open of $2 by 50 shares if in a couple more days it drops another couple dollars buy a hundred shares. don't buy on up days buy on down openings and we will have them.
right now people are looking at all the economic data again coming out because the 10-year Treasury is 4.70. you have a fed that's already cut back by 50%, how many interest rate cuts are coming this year so now people are going to be more focused on the economic data coming out than anything else for short-term Market swings and that's why I'm saying I am not going to buy any update in the market I will only buy positions and pltr and other companies on down days.