Exit Case: Palantir Technologies Inc. (NASDAQ: PLTR)

Palantir Technologies Inc. (NASDAQ: PLTR) is engaged in building software to assist in counterterrorism investigations and operations. PLTR has been a part of the 'Momentum Model Portfolio' since March 12, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the current market price of USD 96.62 as on March 26, 2025 (6:40 am PDT).

PLTR’s Daily Chart

New Entry Case: Qifu Technology. Inc. (NASDAQ: QFIN)

Overview: Qifu Technology. Inc. (NASDAQ: QFIN) is a holding company, which engages in the provision of digital consumer finance platforms. 

Technical Analysis: On the daily chart, QFIN's price has formed support at important levels, suggesting a potential upward reversal in the near future. The 14-period RSI has rebounded from the midpoint, further reinforcing positive sentiment. As the company demonstrates resilience and stability, the likelihood of a sustained uptrend increases, raising the chances of revisiting previous highs. QFIN appears well-positioned to capitalize on its momentum and achieve gains soon.

QFIN is recommended as a new entry in the 'Momentum Model Portfolio' as on March 26, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the Current market price of USD 44.87 as on March 26, 2025 (7:00 am PDT).

QFIN’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of March 26, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.