Blue Chip Daily Chart of the Week:
Palantir Technologies, PLTR
Trend following stop level: 22.33
please see chart analysis below
- Palantir Technologies, PLTR, is one of our top technical ideas going into the week and is on this week’s Members Top 25 list.
- PLTR is in an intermediate-term uptrend over 4 key moving averages, including rising 20, 100 & 200-sma.
- PLTR has been very choppy year-to-date, but has been a major outperformer, since the July 19 lows.
- PLTR is a higher volatility growth stock, and if markets continue to consolidate, it could as well, but the chart is trending higher currently.
- PLTR was on our High Beta Top 10 list on 8/29 and 9/6, was our 9/10/21 Chart of the Day and is on this week’s Top 25 stocks list as well.
- To see this week’s Top 25 stocks list, with our best ideas across all S&P 500 sectors, please join here: https://bluechipdaily.com/join-blue-chip-daily/
Have a great week,
Disclaimer – Blue Chip Daily Trend Report