PLTR In the first part of 2025, I anticipate that Palantir will retrace to a price range between its 50-day and 200-day moving averages, specifically between $35 and $58. I expect a consolidation pattern to form within these price levels for some time before the stock either loses momentum or experiences a resurgence. Currently, the stock is highly extended, and I foresee many people buying at high prices. It's possible that we could see a price surge to between $90 and $110 before the consolidation occurs. I also expect the subsequent drop to be part of a broader market decline. This would lead to many investors opting for bigger and better companies at discounted prices.
PLTR Interesting to see the trolls come out, but for those that have been following PLTR for more than 2 weeks know that this has been in the making for a long time. Yes, the PE is out of whack, yes, the growth is normal, but this is a real company with real revenue and real monopoly opportunity for a niche with massive need.
Name another company that supplies AI Fueled SAAS capable of saving money and generating growth for businesses, but also has a direct line with the government to develop new processes to create efficiencies in their buyer network and is working with the DoD?
Right now, there is no other company that has what Palantir has, so short at your own risk, hodl at your own risk too, but do the research before making any decision based off anything anyone in this forum says.