
Palantir Technologies Inc. ($PLTR) is experiencing a notable surge in its stock price, recently reaching $125.41. The stock has shown resilience, akin to a 'beach ball under water,' as it approaches significant resistance levels, particularly with a notable concentration of call options around $125. Analysts and traders are closely monitoring the stock, with some expressing surprise at its rapid ascent from previous levels of $57 and even as low as $20-$30. The current price movement has exceeded initial expectations, prompting discussions about potential re-entry points for investors who previously engaged with the stock at lower prices.
I’ve liked $PLTR since it was $20-$30. Thought it was kinda crazy for it to hit $100-$110 but as it inched closer it became more apparent, inevitably. Now that it’s $125, it surpassed my expectations. Trying to be cute and look for a rebuy in at $105-$110 with a small short…
$PLTR when it was $57. https://t.co/6uQzuMkamE
$PLTR is right up against the next wall of calls around $125. https://t.co/WCUqI8Bfo0 https://t.co/MiIQrMy0JO
