May. 24 at 2:17 PM
$PLTR just gave bulls exactly what they wanted.
$1.63B in revenue.
85% YoY growth.
Raised guidance.
And the stock still sold off nearly 7% the next session.
That’s what makes the current chart so interesting.
The real question is whether the stock has done enough work after the last major run for institutions to start paying up again.
This week’s Clarity walks through
$SPY,
$IGV,
$CRM,
$SNOW,
$PLTR/SPY, and PLTU/PLTZ to see whether
$PLTR is being rebuilt for the next campaign, or if rallies are still being used as liquidity after the prior markup.
The company already proved it can lead.
Now the chart has to prove leadership is being funded again.