Category: Drawdown
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In a 30% Drawdown, What’s Going On With Palantir Stock?
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After the American presidential elections, Palantir Technologies (Nasdaq: PLTR) The stocks rose about 200 %. But since it reached its highest level on February 19, the stock fell more than 30 %. The AI grows rapidly, but because of its dependence on government contracts, investors are concerned that the potential…
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Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown
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Bitcoin is showing remarkable resilience as it remains strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency rose to $99,400, indicating renewed momentum and increased optimism among investors. This increase reaffirms Bitcoin’s ability to bounce back from local lows…