Long
PLTR - Short term Long (weekly)
Disclaimer: I consider this a risky stock so I advise caution
We all saw PLTR have a good earnings release that caused the monolithic upwards gap last week and finally breaking out of its base. Since then the stock has been trending sideways creating a pennant. As a result of a good earnings release as well as Bullish ADX and DMI, I strongly believe that PLTR will hit the 27's (macro-structural resistance) by the end of this week.
We all saw PLTR have a good earnings release that caused the monolithic upwards gap last week and finally breaking out of its base. Since then the stock has been trending sideways creating a pennant. As a result of a good earnings release as well as Bullish ADX and DMI, I strongly believe that PLTR will hit the 27's (macro-structural resistance) by the end of this week.
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