This stock has been beaten down hard and I believe it has reached the bottom. By now everyone who don't believe in the company have abandoned the ship.
A breakout from the bull flag occurred just as predicted in my previous 2h chart analysis which you will find here:
What we see now is a big Falling Wedge pattern which in most cases signals that the stock has reached a certain bottom. This aligns well with my previous analysis on Nasdaq which you will find here:
I expect the same kind of move breaking out of the minor falling wedge, to occur breaking out of the major falling wedge. By the time people realize the breakout it will have moved significantly.
I am super bullish on Palantir! There is huge upside to this stock.
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Disclaimer: This is not an investment or financial advice. I'm just sharing an idea for educational purposes.
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