PLTR faces near-term mean reversion to 158-160 but has long-term upside to $200 in 6-12 months.
Jump to any passage
Palunteer. Palunteer. This thing has vexed me for the longest time. I was expecting a mean reversion at 169. You know, that whole 160 zone. It didn't happen. It kept on running.
It ran all the way up to 189. I'm like, what the hell? All of my indicators said this thing was going to roll over and turn down and it did. But but I tell you how early I was, which is annoying.
And again, DA isn't perfect. So if you look at the amount of time I had to wait uh basically, you know, nearly 27 days uh for that to roll over and turn down and it is.
And it could continue despite some some new news with Cerus around AI sovereignty and stuff. Uh, I'm still waiting for this. I'm still hedged on this to come down a little bit.
Want to come down to that level five here? Circuit 158 160. Be patient. That's also a good time to add some too. This is easily a $200 stock within 6 to 12 months, but right now it's at the end of its uh big pump uh for now.
What this channel has said about $PLTR
InvestAnswers has 3 calls on this stock; only the adjacent ones are shown.