PLTR's weekly chart structure indicates a long-term uptrend; the speaker is bullish on the stock for the long term.
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Palunteer. Let's take a look at PLTR. So, PLTR, the same thing in terms of the breakout and possible failure if we break under this bar's low, which is 16450. So that should be your stop.
Unless you like me believe this was a longerterm breakout in which case and if you're willing to live through a pullback then it should be okay because again what happened with Palanteer over here that should result in a long-term uptrend in my opinion and contrary to what Michael Barry thinks.
I mean this was a major breakdown failure on the on the weekly. See the weekly broke down right here and failed and then broke out. So if we get a pullback, it will only be a temporary pullback in my opinion.
Now if you say no, I'm not willing to live through a pullback to 150 or so to that rising 20 on the weekly, then this is your stop. I gave you your stop 160 16450. Kill it. Exit the position there. Otherwise, I like it higher long term.
But just like just like I showed you on, you know, Palanteer on on Bitcoin on the IBIT, that major breakout, whatever happens here is only the detail.
What this channel has said about $PLTR
T3 Live has 2 calls on this stock; only the adjacent ones are shown.