Palantir Turbo Put Sale at €3.12 (+74%)
Analysis: Palantir shares fell after a neck‑and‑shoulder pattern. The price dropped quickly over three days, creating two gaps that could act as support.
We suggest taking some profit now.
Product Choice
The Vontobel Turbo Infinite BEST PUT for Palantir (ISIN DE000VJ3HX60) costs €3.12. It already gives a 74% gain. You can keep the rest of the position to follow the price toward the $126.2 support level.
We will watch this trade closely. Updates will be posted if we think the product should be sold. The targets and stop levels are only guidelines and may change with market conditions.
Legal Notice: Future performance figures are forecasts. They are not reliable indicators of actual results.
Key Levels
| Support 1 | 126.2 |
|---|---|
| Support 2 | 118.9 |
| Resistance 1 | 157 |
| Resistance 2 | 172 |
| Target | 126.2 |
| Invalidation | 157 |
| Short‑Term Opinion | Negative |
| Long‑Term Opinion | Neutral |
Tags:
Technical Analysis