Long
Areas of Supports and Resistance for $PLTR
I am Bullish long term for this company.
Big data management is the future for almost every Company if you can manage data for other companies it is a win-win for both parties. unlike selling the software as a service to a normal joe they are selling it to big companies which tends to have strict contracts and high per-customer spending. As the CEO said stay here for a long run or find other option. let's stay here.
The company is spending aggressively on the software which will give good returns in a few years.
Follow for more technical analysis.
Big data management is the future for almost every Company if you can manage data for other companies it is a win-win for both parties. unlike selling the software as a service to a normal joe they are selling it to big companies which tends to have strict contracts and high per-customer spending. As the CEO said stay here for a long run or find other option. let's stay here.
The company is spending aggressively on the software which will give good returns in a few years.
Follow for more technical analysis.
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