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Diesel_Trading
Sep 20, 2021 6:12 AM

$PLTR update Long

Palantir Technologies Inc.NYSE

Description

Be ready for retest and bounce off $27.5. Going heavy in 10/1 $31 and 10/15 $34 calls on retest bounce.
Comments
lilmessi22
Doesn't that look like an ascending triangle?
Diesel_Trading
Looking strong pre-market boys maybe we'll get that close over $27.5 today @rubenfball @miguelsique
rubenfball
U still going to@make those calls?
Diesel_Trading
@rubenfball, No man not with this overall market weakness just gonna sit on my hands
Diesel_Trading
@rubenfball, If it breaks 28.06 maybe
rubenfball
Thanks bro for the heads up
Diesel_Trading
@rubenfball, Gotchu gotchu but yeah definitely sucks the market dumped a load after it broke resistance...Guess we'll see if it makes it back over
rubenfball
Glad I didn’t buy
miguelsique
@Diesel_Trading So far it looks like it bounced off the 20 MA tomorrow would possibly confirm that it will reverse from there if not we could see 24 again. Overal market went below 3% from its all time high. Much higher than a regular market pullback so we could be entering a correction but I’m with you I’m waiting patiently.
Diesel_Trading
@miguelsique, Agreed bro a 3% pullback is nothing relative to the way the market has been pumping. There was definitely some buying pressure right before close but we'll see if it was a dead cat bounce or not the next couple days... Best for us to be patient and not force a trade in the uncertainty
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