Trade the news BEFORE it hits the headlines — LIVE at 4 p.m. ET with Chris and Kane
Palantir (PLTR) has been on an absolute tear, defying expectations and pushing higher despite already trading at a lofty valuation.
The stock has seen a parabolic move, up 375% the past year, leaving many traders wondering whether to take profits or hold out for more gains.
This is where things get tricky…
It’s easy to get caught up in the excitement of a stock that won’t stop climbing, but smart traders know that momentum doesn’t last forever.
At some point, the run will slow down — and when it does, those who didn’t lock in gains could be left holding the bag.
The case for taking profits
From a technical standpoint, Palantir has stretched well beyond its key support levels. When stocks rally this hard, they often need to cool off. A pullback toward recent gaps or a retest of previous breakout levels wouldn’t be surprising.
Fundamentally, the stock isn’t cheap. Palantir is trading at an aggressive multiple, and while growth expectations remain strong, no stock moves in a straight line forever.
If you’ve been riding this trend from lower levels, now might be the time to start scaling out and securing gains.
The case for holding on
Momentum can push stocks far beyond what seems reasonable. Traders who sell too early often regret missing out on even bigger gains. If Palantir continues attracting institutional interest, the rally could have more room to run.
For those who want to stay in the trade, the key is risk management. Moving stop losses higher, trimming partial positions, or using options to hedge can help lock in profits while keeping upside exposure.
Palantir’s breakout has been impressive, but no rally lasts forever. The best approach is a balanced one — take some profits while keeping enough exposure to benefit if the stock continues running. Whether the next move is another leg higher or a sharp pullback, being disciplined now will keep you in control when the momentum finally shifts.
I’ll see you in the markets.
Chris Pulver
Chris Pulver Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
-
- Telegram:https://t.me/+av20QmeKC5VjOTc5
- YouTube:https://www.youtube.com/@FinancialWars
- Twitter:https://x.com/realchrispulver
- Facebook: https://facebook.com/therealchrispulver
Important Note: No one from the ProsperityPub team or Chris Pulver Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. TODAY AT 4 PM ET: Trade News BEFORE It Hits the Headlines
Kane and I are going live to reveal a breakthrough method for spotting what could be market-moving news — before it hits the mainstream media.
While other traders wait for headlines to drop, learn how to spot potential market movers before the news breaks at today’s live special event at 4 p.m. ET!
