-After releasing the fourth quarter revenue totaling $322 million (up 40% year-over-year) and adding big names into their contracts in the past 3 months such as PG&E, BP, U.S Air Force, and the FDA, PLTR was looking bullish.
-However quarterly losses are what accounted for today's drop which came at a total of $156.7 million losses while the street expected $48.1 million.
-Purchase strategy:
At this point, we would strongly recommend buying PLTR if it reaches one of the support points that we will list below and will initiate an uptrend from there.
Potential Support points: 28.96, 23.38, and 17.92 (worst case scenario).
-However quarterly losses are what accounted for today's drop which came at a total of $156.7 million losses while the street expected $48.1 million.
-Purchase strategy:
At this point, we would strongly recommend buying PLTR if it reaches one of the support points that we will list below and will initiate an uptrend from there.
Potential Support points: 28.96, 23.38, and 17.92 (worst case scenario).