$Palantir Technologies Inc.(PLTR)$  

📊 What Just Happened

Cathie Wood’s ARKW sold $6M). The stock hit a record high and then sharply reversed. The move sparked concern, but let’s zoom out: ARK frequently rebalances winners to fund other high-conviction plays. It’s not necessarily a bearish call on Palantir itself.

📉  Why the Market Reacted So Fast

Palantir had been trading at stretched valuations — a forward P/E near 80 and a strong YTD run. The ARK sale was a psychological trigger for short-term traders to lock in profits. Classic “sell the news” behavior.

🔍 Fundamentals Still Strong

Palantir is building real momentum in AI and government contracts

Its Foundry and Gotham platforms are gaining enterprise traction

Positive free cash flow and improving margins offer a rare combo in tech AI plays

⚖️ What Price Am I Watching?

I like $19–20 as a re-entry zone. That’s where valuation begins to re-align with 2025 forward revenue multiples.

Below $18, I would aggressively accumulate.

Above $22, I trim and rotate profits.

🎯 My 12-month target: $28 if AI tailwinds hold and Palantir lands new U.S. federal contracts.

🔑 Pro Strategy:

Use a tiered accumulation strategy. Scale in with 30% of your intended position at $20, 40% at $18, and reserve 30% for a $16 floor test — if it comes.

🧭 Bottom Line

ARK'ss sell doesn't change Palantir's long-term AI thesis. Short-term volatility is noise — long-term, Palantir is building a data moat others can't easily replicate