Potential Risk (Technicals)

Id advise to be cautious before buying at 30 bucks for the short term as you can see its at trendline resistance as well as MACD and RSI divergence, the ultra bullishness on Palantir's earnings and the Microsoft Deal needs to cool down after an extreme week of buybacks after a drop to 20 bucks due to yen carry trade crash, it may see a retracement to the midline of the channel before going even higher. Today might be a rise to 33/34 which is another major resistance (ascending channel on weekly timeframe) or we could retrace to 27 before going to 33/34 which could take the entire week.

On a broader economic scale, this week is a big test for the market as various inflation data is being released this week, which could affect Palantirs stock as well