Palantir Technologies Stock (PLTR)

Upside – $PROF +19% (preliminary Q3 revenue was about 45%-47% above consensus, with gross margin expected above 70%) – $HAE +14% (no fresh company catalyst confirmed; unusually large move on light premarket volume) – $WOLF +13% (received a conditional commitment for up to $1.5B of 30-year U.S. defense financing, partly offset by warrants for up …

Readers will see that the Inverse Head & Shoulders pattern of bullish reversal that we had talked about in the past worked like a charm. That said, shares of Palantir Technologies ($PLTR) have tested their 21-day EMA from above for four consecutive trading sessions. We have two opposing forces staring us in the face. We have an imminent …

Palantir ($PLTR) is now up 22% since we gave readers a pre-earnings bullish setup. The stock is also up 50% since its late July low. Readers will now see that the stock is consolidating while building a sideways to slightly higher trajectory after its post-earnings run. The stock has left its 200-day SMA in the dust, forcing professional managers …

Breadth mixed (but sector divergences are wild), trading inconsistent and swinging wildly intraday: * Despite the evisceration of tech yesterday, there are few tech stocks higher on the day — Google ($GOOGL) (DJIA inclusion), Amazon ($AMZN), Apple ($AAPL) League leading hitter, Nvidia ($NVDA), has cracked to the downside some fractal support * Hard reversal lower …

AI darling and twice Sarge "stock of the year" Palantir Technologies PLTR will release its first-quarter financial results after the closing bell on Monday, May 4, also known as "Star Wars Day." After a two-to three-year run for the ages, the stock, which has struggled of late, is still ...