every time i open youtube i get some cringe Palantir commercials good short based on marketing ?
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No, it's formed a rounded bottom between 6.50 and 8.50, has been trading in that range for almost a year, and just broke out to the upside. It's s long unless there's confirmation of a head fake or it drops below 7, in which case it's a bad short because most of the profits have been made. PLTR has had a solid bottom in the mid-6s that hasn't broken since the IPO. Long PLTR (at $11)
I hope one day it hits 20 bucks
I'm convinced it'll go back to and surpass its ATH by 2026 or so. I'm a long term investor. I bought 800 shares @11 and sold weekly covered calls when the IV was high in the mid-20s to the point I got near 20% of.my cost basis back, and then had 300 shares called away @30.50 so I'm in the green on the investment, just not as green as I was