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Chart Talks: Palantir entered a bullish continuous triangle amid earnings release
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Earnings To Look Out (07 to 09 Aug) -> PLTR, UPS, DIS

Next week we will have a busy week again with some big names releasing their earnings reports.
Here are the stocks which I will be looking out and will share the earnings analysis near to their earnings release.
07 Aug 23 Post Market - $Palantir(PLTR.US)$
This stock has been hot in recent months, with shares up 140% since early May. Fueling the upside has been optimism around the data analytics firm's artificial intelligence (AI) efforts.
Indeed, Palantir's AI initiatives prompted Wedbush analyst Daniel Ives to initiate coverage on the tech stock with an Outperform (BUY) rating.
Here is how Palantir Parabolic SAR looks like as of now:
Palantir have been surging due to positive news of contracts win. Though it is in a bullish upwards trend, but if you notice its price is moving downwards.
There might not be sign of bearish reversal soon but a negative earnings release could send its share price down.
Questions is are we going to see more revenues collected from its contracts wins, and how Palantir is managing its cost, then profitable earnings will stay with much stronger showing?
If that happen, then we could see Palantir having a nice surge up. I will be monitoring its trading on 07 Aug.
And a detailed earnings analysis would be shared before the earnings release.
Earnings To Look Out (07 to 09 Aug) -> PLTR, UPS, DIS
08 Aug 23 Pre Market - $United Parcel Service(UPS.US)$
United Parcel Service has made headlines recently as market kept a close eye on contract negotiations between the logistics giant and its union workers.
The two sides reached a tentative agreement in late July, averting a strike that would have created a major headache for the global economy.
I think it would be interesting to see how investors and markets would be reacting and trading before its earnings report.
Here is how United Parcel Service Parabolic SAR looks like as of now:
UPS has been struggling with rising costs and their recent share price seem to be moving in a downward trend.
This does not bore well for UPS before its earnings release. I will be closely monitoring how it will be trading on 07 Aug 23.
Earnings To Look Out (07 to 09 Aug) -> PLTR, UPS, DIS
09 Aug 23 Post Market - $Disney(DIS.US)$
Market expect Walt Disney fiscal 3rd quarter report to show continued pressure in advertising and linear operating income, slightly higher direct-to-consumer dilution and mixed Parks results.
Something I will be looking out for is the announcements on price hikes to Walt Disney's Disney+ streaming service and updates on the launch of an ad-supported tier in Europe which is set for later this year.
Here is how Walt Disney Parabolic SAR looks like as of now:
Looking at how Disney is now in a downward trend, it show that the continued pressure in advertising and also increase price for the streaming service.
These might have a negative effect on both the share price and its upcoming earnings report.
I will monitor how Disney would be trading on 07 Aug and 08 Aug before its earnings report release.
Earnings To Look Out (07 to 09 Aug) -> PLTR, UPS, DIS
Summary
I will be monitoring these 3 stocks as 2 of them are in my portfolio and it is important to understand how market sentiment is like prior to its earnings release.
2 of the stocks (UPS and Disney) do have some unfavorable condition which should affect its share prices and most probably will affect how its earnings is going to turn out.
But I will still be monitoring these 3 stocks and see how they would be trading before and after its earnings release.
Appreciate if you could share your thoughts in the comment section whether you will be looking at these 3 stocks as well.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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