Palantir Stock Update: Why Buying Now Is a Bad Idea

I’ve said this many times before: the market doesn’t care about your hopes, your Twitter feed, or your feelings.
Palantir is doing exactly what supply and demand told us it would do — and traders who ignored the bigger picture are now paying tuition to the market. Let’s break it down.

Big Picture First: Supply & Demand Always Win

Let’s talk about Palantir Technologies stock.

Palantir is currently trading around $170, and the stock is dropping exactly as expected. This is not bad luck. This is not manipulation.
This is what happens when traders buy against larger-scale supply-and-demand imbalances.

Most losses in trading don’t come from “bad entries.” They come from trading in the wrong direction.

And Palantir is a textbook example of that.

Price Action Reality Check (No Indicators, No Excuses)

From a pure price action and supply & demand perspective:

• Larger timeframes were not supporting higher prices
• Price was extended, emotional, and far away from meaningful demand
• Buyers stepped in where institutions were not interested

That’s the danger zone.

When price starts dropping from those conditions, it usually doesn’t stop just because retail traders hope it will. Hope is not a trading strategy — it’s an expensive hobby.

Losing Money Is the Lesson (And a Necessary One)

Let me be very clear here:

👉 Losing money is what happens when you trade against the higher-timeframe expectations.

This isn’t about Palantir as a company. This is about market structure, supply zones in control, and weak demand below price.

Breakout traders who bought late? They’re now discovering why breakouts fail more often than YouTube gurus admit.

The market is simply resetting expectations.

Is Palantir a Buy at $170? Absolutely Not

At current prices:

• There is no solid higher-timeframe demand in control
• Price is still vulnerable to further downside
• Risk is high, probability is low

Buying here is like trying to catch a falling knife… while blindfolded… during an earthquake. Not ideal 😅

What Smart Traders Do Instead

Professional traders and long-term investors do one thing exceptionally well: They wait.

They wait for:

• Price to reach meaningful demand
• Fear to replace greed
• Institutions to show their hand

Trading is not about being active. Trading is about being patient.

And patience pays — impatience invoices you.

Final Thoughts

Palantir’s stock drop is not a surprise. It’s a reminder.

A reminder that:

• Supply and demand imbalances control price
• Bigger timeframes dominate smaller ones
• Trading against them is a fast track to losses

If you want to learn to trade stocks, this is one of those lessons you either learn slowly… or the market teaches you very quickly.

And trust me — the market charges interest.