Today I took $PLTR (+4,9%) took a profit of around €300 on Palantir today.
I looked at the last earnings quarters, calculated the average price movement afterwards with the help of GPT and then set a tactical take profit at the market opening.
This time it played out pretty much as expected.
After the earning call $PLTR (+4,9%) by approx. 6%, so it hit my two TPs exactly.
If it hadn't hit it wouldn't have been too bad because it's a good future stock.
I will do the same with the following stocks this week:
$MAR (+1,19%) - Risky Play
$DUOL
I am interested:
Have any of you had more experience with this, i.e. planning TPs around earnings based on recent quarters with some market research on how the company is doing beforehand?
Wondering if this was just dumb luck or a proven investment strategy 👀
