vimarsana.com


Palantir (PLTR) Has a Solid Bullish Narrative, and Yet a Bull Trap May Lurk In the Immediate Aftermath of Next Week’s “Double Click” Event
Apr 7, 2021 08:47 EDT
Palantir (NYSE:PLTR), a big data analytics firm that has the potential of turning into a mainstream provider of Software-as-a-Service (SaaS), is experiencing heightened volatility in the run-up to the next week’s much-anticipated “Double Click” event, thereby increasing the likelihood of a bull trap.
As an illustration of the recent weakness in Palantir shares, the stock price has declined by over 33 percent since hitting an all-time high close of $35.18 on the 29th of January 2021. At the heart of this recent tug-of-war between the bulls and the bears lies the inherent skepticism as to the company’s ability to market its products to a wider swathe of clients. The bears believe that Palantir’s products are too specific for wider adoption. The bulls, on the other hand, naturally disagree.

Related Keywords

Cathie Wood ,Palantir Gotham ,National Nuclear Security Administration ,Ibm ,Foundry Saas ,கேத்தி மரம் ,ஐபீயெம் ,ஃபவுண்டரி சாஸ் ,

© 2025 Vimarsana

vimarsana.com © 2020. All Rights Reserved.