Closelook@Charts
Palantir — From the June Low to a Record Close
One year of Palantir in one chart: the falling line that capped every rally from December to June, the break on 4 August, the rising channel from the 25 June low (+95% in 15 weeks), last winter's highs at 199 and 207, and the record close of 209.05 on 9 October. Where the desk stands, and what would change the read.
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Transcript
0:00 Palantir closed at a record on 9 October: 209.05.
0:04 Closelook@Charts: one stock, one chart, one read — from the stock page.
0:10 One year of Palantir, day by day: the low on 25 June at 107.27, a record close on 9 October.
0:13 From December to June, every rally stopped at one falling line.
0:17 On 4 August, the day after its results, it jumped 29% and closed above that line.
0:19 Since the June low, Palantir has climbed inside a rising channel.
0:22 Up 95% in 15 weeks.
0:25 Overhead sat last winter's highs: 199 in December, 207 in November.
0:29 The close on 9 October, 209.05, cleared both — the highest since Palantir listed.
0:32 The desk added Palantir on 28 and 29 May: AI Buildout, Hypergrowth and Derivatives.
0:38 A strategic holding, not traded: 9.4% of our wikifolio Core and Conviction, 2.1% of AI Cycle 2030.
0:41 The other two can't hold it: Global Generation is ETFs only, The Compound is growth without tech.
0:44 Our chart on the stock page draws the same picture: the falling line, the channel, the 199–207 zone.
0:49 What would change the read? Above 207, record territory. Back below 199, last year's range again.
0:51 Next test: results on 2 November. Palantir beat profit forecasts in all of its last 10 reports.
0:54 After those 10 reports the shares rose 5 times and fell 5 times.
0:57 The full chart, the drawings and the record: closelook.net/indices/stock/pltr
Palantir on the stock page → All videos →
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Research diary, not investment advice. Figures as stated in the video, to the date shown.