Palantir's Stock Makes A Bullish Break. What's Next?
Palantir Technologies Inc (NYSE:PLTR) has plummeted over 50% from its all-time high of $45 made back on Jan. 27. Even when Palantir announced on April 5 it had secured a five-year, $89.9-million contract with the National Nuclear Security Administration, the stock failed to recover. The bottom may be in, however, because on Thursday Palantir’s stock made a bullish break upwards. Some options traders agree and bet over $529,655 Palantir’s stock is headed higher. The Palantir Chart: Palantir’s stock gapped down on Feb. 16 and began trading in a bullish falling wedge pattern. On Thursday, ...
Source: benzinga.com