This down move seems like it was a vol gap fill, and breaking a LT resistance today was a good sign. I sold half my position near the top today and am watching closely to add, or dump the rest to buy lower. If it breaks the local Bull supp from the last low, I'll sell.
Comment:
Comment:
Broke the bull TL and I'm considering dumping the rest, but this 1 min candle piques my interest. I can only surmise that an institution's options got exercised and immediately sold. Also interesting that it found resistance right at the month long bear TL.
www.maximum-pain.com/options/PLTR
highest calls at $23, highest puts $21, $21.50 max pain.
www.maximum-pain.com/options/PLTR
highest calls at $23, highest puts $21, $21.50 max pain.