At this level, the bulls and bears are already arguing. Palantir $PLTR is up 4.39% today, trading at 161.18, after moving from 154.40 to 164.18 over the past 24 hours. This is the price of the USDT perpetual contract on OKX.
Honestly, a 4% move in a day is no small thing for a US stock. Anyone holding it is probably feeling both excited and nervous right now: sell and risk missing out, or hold and risk watching it plunge in a single wick. Those without a position are even more conflicted: chase it and risk buying at the top, or sit it out and risk watching it break above 164.18 and keep climbing.
I’m inclined to sit tight and watch for now, because it’s just a hair below the 164.18 high. Chasing it here would be like picking up the tab at someone else’s celebration. But if it can hold above 164.18, I’ll change my mind immediately and admit there may be more to this rally.
Is there still a chance to get in, or is this the kind of rally you can only watch from the sidelines?
$PLTR
#美股 #Palantir
Honestly, a 4% move in a day is no small thing for a US stock. Anyone holding it is probably feeling both excited and nervous right now: sell and risk missing out, or hold and risk watching it plunge in a single wick. Those without a position are even more conflicted: chase it and risk buying at the top, or sit it out and risk watching it break above 164.18 and keep climbing.
I’m inclined to sit tight and watch for now, because it’s just a hair below the 164.18 high. Chasing it here would be like picking up the tab at someone else’s celebration. But if it can hold above 164.18, I’ll change my mind immediately and admit there may be more to this rally.
Is there still a chance to get in, or is this the kind of rally you can only watch from the sidelines?
$PLTR
#美股 #Palantir