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Palantir Technologies Inc. June 23 ,2 0 21

Queries
Packaged Software/ Business Analytics AI Entry Price: $25-$27.5 infosquarExchange@gmail.com
Symbol: PLTR Target Price: $38
Recommendation: Strong Buy Upside: 46.15%

Trading Strategy
Below are the main technical and fundamental drivers behind trading Blink:
COMPANY STATISTICS
Market Cap ($ Bn): $48.91  Moving Average Breakout – After a minor sell-off, the stock has found strong
support just below the 150-day EMA, which has been followed by the 26-day EMA
52-Week Range: $45 - $8.90 crossing over the 100-day and 50-day EMAs. Additionally, the 50-day EMA
Dividend Yield: N/A sustained above the 100-day EMA during the sell-off indicating the presence of
strong support at those moving averages
Revenue ($ Bn): 1.09
EPS ($ TTM): 0.19  Relative Strength Index– The stock is making higher lows, but the RSI has been
trailing with lower lows on the 1D time interval. This divergence acts as an early
P/Sales (TTM): 21.14x indication of a strong incoming move.
P/E (TTM): N/A
 Resistance Level Breakout – Since reaching all-time hights, the stock had been
P/Book (TTM): 16.72x consolidating in a pennant and found strong support between $17-$18.50. These
Current Ratio: 3.88 levels also saw EMA crossovers as mentioned above, which indicate the presence
of strong support. An Ideal entry price can be found once the stock sustains above
Equity Beta: 1.89 the first resistance level between $25.5-$27.
Shares Outstanding (in Mn): 1,876
 Trading Thesis
 Entry Price: $25.5-$27
 Price Target: $38 (potential LT Price Target of $51)
 Stop Loss: $17
 Time Period: At least 4 months
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results; hence, we do not take responsibility for any trades taken based on the information presented in this report.