$45 is the new baseline

Atualizado
Expectations are that PLTR will hit near $80 before taking a pause in its meteoric rise. It decisively went through the 1.618 fib and wants to reach the 1.886 fib projection.

The cup formation has create a new bottom at $45. Institutional traders and market makers will be hard pressed to drive it below this new baseline. If they do, then unless the fundamentals of what PLTR provides as a service, changes, then anything below $45 is a back-up-the truck moment to buy. Right now this dramatic price action is because of the one-time inclusion into NASDAQ, which means funds and etfs need to buy it. Also institutions need to buy it to, to mirror whatever indices they follow.

PLTR = efficiency

Trump and Co. will be looking to optimize every federal gov agency and department. That's what PLTR does, and the federal government has deep pockets to buy what PLTR pedals. They've proven themselves in the military space already, and are now applying that commercially. Same basic tech, but rebranded. Throw in a bit of "AI" buzzword into the sales pitch and high level management everywhere will think this is the cat's meow in terms of offering a competitive advantage. Basically, the perfect storm for incredible growth at least for the next 18 months.

Will hold and re-evaluate once we hit $80.
Trade ativo
We touched $80 today. It was like popping a balloon, and the candle reflects that. There might be a second attempt to touch near that high in the near term, simply because every is expecting a santa claus rally into the end of the year.

Following that, we need to be patient and see if the basing area around $58-63 will hold. The rally-base-rally that was created over the last few months has some nice basing between the two run-up legs. This would be a good zone to accumulate before we start getting rapid-fire contract announcements in 2025.

If that doesn't hold, then I'd be buying hand over fist around $45.

Good luck to all!

PLTR is one of those once-in-a-lifetime trades that you can hold for a decade or two.

Do your own DD. Don't just follow someone else's trade. These are just ideas based on my own read of this stock and the markets. It's also a nice way of recording my predictions :)
FibonacciGrowthSupply and Demand

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