PLTR - Another close below 10-MA for proactive stop management

jfsrevg
05-31

$Palantir Technologies Inc.(PLTR)$ - Update (Another close below 10-MA for proactive stop management)

Stop kept surviving but another close below 10-MA today.

The same repetition for stop adjustment, if it breaks the 15-minute opening range low later. Volatility adjusted RS has been weakening since earnings data from 6th may.

I also need to highlight the prospect of a much lowered exit later with pre-market 8.30AM ET Core PCE Price data (Inflation data) could gap stocks down at open, but what matters is the price action at open to my sell strategy (look at how PLTR survived 2 pre-market gap down on 6th may and 19th may)

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Palantir Secures £1.5B UK Deal: Up 134% YTD! Still Room to Run?
UK will significantly increase purchases of Palantir Technologies (PLTR) data analytics software, with the U.K. military committing over $1 billion over five years, extending an earlier deal, according to Bloomberg. Following the news, Palantir shares rose 5.1% to close at $176.97. Year-to-date, the stock is up about 134% in 2025, though it remains below its all-time high of $190 on August 12. 👉 With continued government adoption and long-term contracts, could Palantir sustain its strong 2025 rally, or is a consolidation phase likely?
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