PLTR is a critical long-term holding due to its unique data utilization role in the AI ecosystem for government and enterprise clients.
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We're seeing this first one, Palanteer. We're up about two and a quarter% seeing these cyber names move higher today. Yeah, they're, you know, kind of frontier model agnostic, but yeah, they're inside the AI ecosystem.
Uh, it doesn't really matter which one, but they are in all these data centers. they have a technology that is really critical to uh governments and big businesses as to how this data is being put to use and uh yeah if you're thinking about this data being all powerful uh Palunteer is going to be one of the companies that is going to be able to utilize that power very effectively.
So yeah, absolutely. Uh I think it's a must company for the future, for for the present, uh for the long term. But Palanteer, it's going to be there. It's going to be implementing whichever model is out there.
It's going to be part of this uh utilization of this data, which really is the bottom line.
All right, Rick. So, as we look at Palunteer here, a bit of an interesting chart. It's pretty much flat overall over the past year, but as we look at it since its earnings in August, we've seen it trading in a new range and trading higher.
And that's kind of what Palunteer really strikes me as is they have a unique set of data you can't really get anywhere else. So when we look at our chart here next we can see that we topped out here recently 187 uh old highs here and then we also have had a downward sloping trend line here giving us a falling wedge type shape between our two white lines.
So this is typically regarded as more of a bullish type of setup though.
So we can see that now we seem to be solidifying here at 166 our green line that represents an old low and then a subsequent high. This uh could be an interesting type of setup.
So certainly it's not a guarantee it's going to move upward uh from this pattern. But uh what we have then uh would be uh looking for a breakout beyond either of these two boundary lines.
That's the important part because then that can trigger the cascade of orders that results in a breakout.
So what we have here next with our moving averages is our 5day and our 21day coincide together around 170 or so 170 171. So our two exponential moving averages that we follow that are the shortest term are right on top of each other and prices for now breaking above them.
The day is still quite young but this is again an interesting setup because if we get too much further we'll break out from our moving average confluence as well as our trend line here.
RSI, our measure of momentum, shows that although our D, our upward sloping green trend line has been broken, we are now fighting our way back above that 50 midline on the RSI, which suggests more of a bullish uh trajectory here for our price activity.
Volume profile. Uh pretty clear nodes here, pretty obvious areas of interest. One here, it's 174 to 187 and then the point of control is contained here in the larger node 128 to about 138.
All right. All right, Palanteer right now is at 17150. It is trading higher by 2 and a half% uh on the reaction to this potential AI slowdown.
What this channel has said about $PLTR
Schwab Network has only this one call on this stock.