$Palantir (PLTR.US)$ nobody has mentioned this yet. I'm goi...
$Palantir(PLTR.US$ nobody has mentioned this yet. I'm going to let everybody know here and so you know I don't see this listed on any of the other platforms any other chat groups any analysts even talking about it.
there is a cup and handle that has formed!
this is a very bullish chart. typically you get breakouts at the tip of the handle that run 45° straight up.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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101738773 : hi does this mean good time to enter now?
10baggerbamm OP 101738773 : I'm not going to tell you how to invest your money on a moment to moment basis I will tell you that technically the formations of a cup and handle if they are confirmed the stocks generally break out 20% movements 30% movements tend to be the norm at a 45° angle.
The Bunny Trader : well, this cup and handle has to depend on a good earnings and addition to s&p500 to truly have the fundamentals to complement this formation.
10baggerbamm OP The Bunny Trader : they had fantastic earnings but don't believe me go on X and listen to Karp talking without a cue card without a teleprompter about their quarter. the earnings are not a question and they've gotten contracts after earnings have come out last week. S&P 500 edition it means shit I posted how it impacts stocks and it actually has a negative net return shortly after inclusion and remains negative for quite an extended period so S&P 500 means shit.
101611532 : The cup and handle in 5 years chart
70911377 : This is nothing new this chart pattern has already been there for a while since last year
Weekly monthly 5 yr all has it.
Is good that more people come to realize about it