 Welcome traders to another Tick-Mail earnings report preview with me, Patrick Mummely. Before we jump into today's report, it's important as always that we adhere to the risk disclaimer. The material provided is for information purposes only and should not be considered as investment advice. The views, information and opinions expressed by me in this recording are solely mine and they're not addictive or representative of those held by Tick-Mail UK or Tick-Mail Europe Limited. So let's jump into today's report today. We're looking at Palantir. We're looking for their release to be before the New York Open today. Earnings per share of 0.04 cents on revenue of $443.38 million. I would say there is a whisper number in the market that the earnings per share could come in a little higher at 0.05 cents. Palantir is guiding for 30% long-term annual top-line growth out to 2025, but it doesn't provide full-year dollar revenue guidance. It does, however, submit costly revenue and margin guidance. For the first quarter of 2022, Palantir has guided for that $443 million figure in revenues on an adjusted operating margin of 23%. With the momentum in the commercial business strengthening towards the end of last year, I think Palantir will be able to beat its own guidance and report slightly higher revenues and then that will bump up the earnings per share, as mentioned with respect to the whisper number on the street. More important than revenue projections is free cash flow. Fiscal year 2021 truly was a game changer for Palantir because it moved from free cash flow margins of 25% in fiscal year 2020 to 28% FCF margins within the span of just 12 months. What this means is that Palantir is now free cash flow positive, and new customers that are on board into Palantir's software platforms are starting to make positive free cash flow contributions. Due to Palantir's strengthening customer acquisition capabilities, I think Palantir could report around at least 110-15 million in free cash flow throughout the first quarter of 2022, which it calculates to a 25% free cash flow margin based off the first quarter of 2022 revenues. Shares of Palantir went through a significant re-evaluation last year, in large part because investors are less optimistic about post-pandemic revenue prospects growths for the company. Based off expected revenues of 2.60 billion into fiscal year 2023, Palantir shares a value of a price-to-earnings ratio of about 9.3. Let's look at the statistical trading patterns of Palantir around their earnings release. Shares have moved higher in the immediate aftermath of earnings, three out of six previous reports. On average, the stock moved down 1.4% the first day of trading after the company reported earnings. Based on the previous six earnings releases, Palantir is more likely to trade lower one-day after earnings on average, losing 3.7%. On average, the stock has moved higher one week after earnings by 1.5%. In terms of what the options market is pricing, options traders are pricing a 17.1% move on earnings. The stock has actually averaged an 11.2% move in recent courses. So from a flow and sentiment perspective, Friday, May 6, there were some notable buy-ins, 7,400 contracts of the $11 call expiring June 17 this year. Options order flow in general has been bearish. Investor sentiment going into the earnings release has 56% expecting an earnings beat. Companies' guidance for revenue of approximately $443 million consensus estimates are for earnings to decline year-over-year by 0.0%, with revenue increasing 29.93%. Current interest has decreased by 3.2% since the company's last earnings release, while the stock has actually drifted lower 23.5% from its previous earnings release. And it now trades 49.6% below its 200-day moving average. Let's take a look at the charts here and see if we can identify any trading opportunities in Palantir. So from a technical perspective, on the daily chart here, I'm tracking a five-way sequence. We have a 5 equals 1 downside objective now coming in at $8.89 and that represents a marginal new low for the stock since it opened in the October of 2020. That would complete the five-way sequence and we can note here some decent momentum divergence developing. So I personally would like to see an undershoot of the lows there and then a reversal develop and certainly start to think about being long on bullish reversal patterns from the $8.80 area, looking for a move back through the high-volume node at $10.50 while, and then ultimately looking for a break of this descending trendline resistance coming in at $10.84. And then you remember there's that call-byer there looking for upside extension. So if we can get through this trendline resistance, then I look for a move up into $13.95 and then the way for high there coming in at $14.86. So that's how I'm looking to play this stock and we'll see if we get that pop-low on the earnings release and a reversal. As always, trade the plan and most importantly, manage your risk. Until next time, thanks very much.