Palantir: The Wisdom of the Trim

Every bull run carries within it the seed of its own rebalancing.

Palantir (PLTR) has ridden the wave of AI narrative, defense tailwinds, and a well-timed alignment with rising geopolitical risk. The market responded accordingly: momentum. Volume. Euphoric belief.

But here we are.

a) Valuation at historically stretched P/E levels—difficult to sustain unless earnings catch up fast.
b) Insider sales quietly ticking higher—rarely a conviction vote.
c) Enterprise demand rising, yes, but already priced in. Corporate contracts no longer come as a surprise; instead, they meet established expectations.

This isn't a bet against the mission. Palantir's pricing aligns with the fragmented, contested, and algorithmic world we're entering.

But... pricing something correctly for wartime does not mean it's immune to peacetime profit-taking.

Technically, the arc is bending. Below the dotted roofline, there is a gentle roll. Support zones await below.

The wise take partials not because they’re bearish...

But because they understand gravity.

Trim the position. Not the conviction.

...