Investment Diary (By Joe Pong Wealth)
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Can #PLTR hold 30 and breakthrough previous high of 35?

We have seen how #CRWD did an explosive double digit % gain during the period when they were announced to be included into S&P 500, and many people are banging on the table for PLTR to be included in September.

Palantir at current valuation for today price to me is expensive. However, when the tide is right, the price can spike up more than rational value easily, as we have seen for a few AI stocks this year.

I have my largest position on Palantir currently, and I am not adding more at this point. I will be happy to add more shares if it falls close to 25 or below.

If it shoots up, I will consider to trim and take some profits. I am still bullish about the company, but trying to do some rebalancing to make sure I am not too concentrated with PLTR later.