BUY $PLTR - Entry 25.5, PT 29, SL 23
Rationale:
Pros: It's Palantir. They have a bright future. ARKW just loaded, so people smarter then me are bullish on the stock. This amazing ascending parallel channel is governing the ascent. The priced closed at the bottom of that channel, and the next serious supply zone is 29. It's time to get in.
Cons: Lockout period ending up in February/March sometime.
Notes
A lot of bag holders at 29, this is a great place to sell.
If you sell at 29, you will likely have an opportunity to get back in at 28.
Beyond 29 we can see 35
Pros: It's Palantir. They have a bright future. ARKW just loaded, so people smarter then me are bullish on the stock. This amazing ascending parallel channel is governing the ascent. The priced closed at the bottom of that channel, and the next serious supply zone is 29. It's time to get in.
Cons: Lockout period ending up in February/March sometime.
Notes
A lot of bag holders at 29, this is a great place to sell.
If you sell at 29, you will likely have an opportunity to get back in at 28.
Beyond 29 we can see 35
Trade active:
Added more at 26.7 on the latest up swing. Looks promising for 29 by demo day
Trade closed: target reached:
So uh this fucked over my $30 calls. $32 PLTR was not something I thought would happen until february.