$Palantir Technologies Inc.(PLTR)$ PLTR is up 7.77% today, breaking the 1H descending trendline from the June high. The daily chart shows a completed head and shoulders top with a confirmed neckline break around $143.60. Price is still about 12% below that level and roughly 34% off the head near $190, so this looks like a bounce within a larger bearish structure.
On the fundamentals, revenue is up 56.18% YoY for FY25, with a 53.32% net margin and $2.28B TTM net income. Debt is minimal at $211.98M versus $8.04B in cash. Valuation is still stretched, with a P/E of 131.44x and a P/S of 57.42x.
Key levels to watch: bullish above $143.60, with support near $115.00. The overall bias is bullish.
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