$Palantir Technologies Inc.(PLTR)$ Ignore all the shorts and news. The more gear they instilled, the more you should buy or sell puts. Today's caldle is beautiful (bullish) being bought up from the -8% low.
Hi friends, as we all know US equites took a beating recently. Now, the question on most people’s minds are “should I buy, sell or hold?” Here’s my 2 cents worth. Let’s use S&P as an overview of the markets •We are still in an uptrend. The uptrend is still intact. “The trend is your friend until the end” Yes. But how would we know when the trend ends? Nobody knows. Nonetheless, we can infer from variables. For example: “Are $VIX & $DXY tipping resistance?” “How is $TLT doing?” ($TLT is the US 20 years treasuries bonds) They play an extremely pivotal role in the markets’ direction. •However, here’s a warm reminder to always look at the bigger picture. Crash or not, S&P have always recovered and gone even higher. •Next, S&P is near a very strong support. 200MA Line.
Hi friends, AI has been the talk of the town for quite some time and it's still trending. I believe it's true that AI will replace and enhance awide aspect in everyone's lives. (Individuals, businesses. All linked) Now, AI related as well as tech stocks, are all up double digits. Clearly, both big and small money is flowing into such sectors. I've always liked $Palantir Technologies Inc.(PLTR)$ . It has been in my long-term portfolio for a few years and I intend to keep it that way. Having said that, if we look at the technical analysis aspect of Palantir, the uptrend has been overstretched by yards & It hasn't retrace. Patterns like thiscan be dangerous. Yes, this uptrend can still co