|Bid||23.11 x 3100|
|Ask||23.13 x 2200|
|Day's Range||22.69 - 24.06|
|52 Week Range||8.90 - 45.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.00|
These tech companies have just one thing in common: They offer potential windfall gains for investors.
On Wednesday, Palantir Technologies hit an important technical milestone, seeing its Relative Strength Rating jump into the 90-plus percentile with an improvement to 93, up from 89 the day before. This makes Palantir stock a good candidate for a CAN SLIM investor's watchlist.
Palantir Technologies Inc (NYSE: PLTR) is past the point of control from a technical standpoint, host Neil Hamilton said Wednesday on Benzinga's YouTube show "Get Technical." When the stock passed the point of control, "it became a buy for me," Hamilton said. Related Link: Palantir's Stock May Have Just Broken Out Of Old Bearish Pattern Hamilton charted the "point of control" using a volume profile Tuesday on "Get Technical." The volume profile shows the area of control, which Hamilton said is where most of the buying and selling occurs. Hamilton was looking for a session close above that point on higher than average volume, as seen on the Palantir chart at the close Tuesday. Palantir has a great story and "it's a great long-term holding," Hamilton said. Palantir Events: Palantir is holding the first in a series of "Double Click" events Wednesday at 11 a.m. ET, in which the company will showcase its "Foundry" product. See also: Is Now The Time To Buy Stock In Palantir, Tesla, Nio, Ford Or GM? PLTR Price Action: Palantir was down 2.75% to $24.72 at last check Wednesday. Photo courtesy of Palantir. See more from BenzingaClick here for options trades from BenzingaPalantir's Joe Lonsdale Responds To PayPal's Peter Thiel's Comments On Bitcoin: Says Bitcoin Is A 'Force For Freedom'Why Tim Quast Likes CCIV, Eaton, Disney, Palantir Stock© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.