Tuesday, July 2, 2024

Palantir (PLTR): Is it 1999 or 1995…?

Hey there, investing rockstar,


Do you have the feeling it is midnight and like Cinderella this party is ready to end?

I love Dan Ives, the man with the colors on CNBC…

He is always ready to go and is a bit of a less asshole when he talks on TV.
I think he is an introvert.

Dan Ives swears is only 9:00 PM and no tech bubble.
Dan knows a thing or two, so I ride his narrative, especially during the Summer of 2024; Bitcoin & Artificial Intelligence (AI) won't wait for you at all.

Palantir (PLTR) is one of those names you can see slowly gathering all the institutional capital post-earnings to surprise on the next earnings report.

If you review the chart above, see the bottom panel, yes…
That's the Ultimate RSI (monthly view) and guess what…?
We are about to hit overbought for the first time in 4 years

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Dan Ives is not wrong; Dan Ives is right; We are not in 1999…

Today is 1995 and it is 9:00 PM the party just started.
Sure, it does not mean you will make it sober until the end, you may fall because you had one too many drinks before 11:00 PM

But you will drink some water and keep partying…!

I am playing the conservative hand on Palantir (PLTR), but you can check the next chart and be ready, be open, and be eager to capture more upside if needed.

As usual, a bit of tech (Kiosseff) can give us all a sense of how far the stock price may move based on previous patterns; history does not have to repeat but you can use such data to build your mathematical edge…


PLTR 2024 Aug 16 25.00 Call (@PLTR  240816C00025000)
If I were YOU I would consider reviewing this contract; it has 16,984 contracts in the open interest.

If the stock is going to move 20% in the next two months, then your best bet to boost your returns is to play a Call Option; nothing crazy but enough to make your ride worthy.

Are you ready to make things happen for you and your family…?
Summer 2024 starts now; let's #$@#$%@$# go!!!

Dare to dream, dare to invest, dare to win.

 ¡Viva América!: Home of the Brave and Land of the Free, 

J.R. Jaén
Editor, Market Surveillance Alliance


Editor's note:  Alright, so now everyone seems to be bullish on Tesla (TSLA); what a surprise don't you think? It never fails, and as you can imagine investors's sentiment over the last 2 years is in the trash.

Today I will be sharing three charts you may consider as potential bullish scenarios for you to join the party because rest assured, if there is one American company with enough gas in the tank to make great things happen for your portfolio that one is Tesla with Elon Musk at the helm of the company.

The vast majority will draw Bull Flags and Ascendant Bullish Channels (not much to set the bullish view on fire) so get used to the idea.

This one too is pretty much the same; nothing new if you think about it.

Let's see now what Kiosseff thinks about previous patterns and future outcomes on the stock…


Not bad at all; potential to capture 60% in the next 12 months or so.

If you think twice, then Telsa (TSLA) at this level could be your ticket to outperform your financial advisor, yourself, your pension, and the broad market expectation.

After all, nobody sees this one coming; they never do, this time…YOU do.

Go ahead, dare to dream, and dare to win:

 Act Today — Surveillance Capitalism's intel is one step ahead of the herd.

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