What's up TradingView. Here to bring you another trading opportunity.
Okay, we have had a consolidating market in $PLTR for the entire year. And this business has consistently brought amazing partnerships to the table.
We have seen massive Government contracts, we have seen big business partnerships you name it.
Unfortunately, investors are still looking for more. Investors mainly want to see EPS. So we have had a few good earnings reports as of recent but still wasn't enough to get the stock moving. This new IPO has been on market so far about 1 year. So it makes sense why we are consolidating.
Technicals.
Range
Potential breakout.
94% Earnings Surprise factor.
Price pennet wedge. Comes with volatility.
I am long the Jan22 30.00 Calls. Giving time for volatility and delay.
Risk, miss of earnings.
Earnings report Tuesday after the close. Very important to pay attention to this catalyst. Because the stock has been so sideways, I'd say the EPS will be valued more than the current trading price. We will see.
Expecting a high volatile breakout.
I am already Long Equity from 25.65 and already have a few calls. I Will likely add today. Price Target 40.00+ on volatility.
Okay, we have had a consolidating market in $PLTR for the entire year. And this business has consistently brought amazing partnerships to the table.
We have seen massive Government contracts, we have seen big business partnerships you name it.
Unfortunately, investors are still looking for more. Investors mainly want to see EPS. So we have had a few good earnings reports as of recent but still wasn't enough to get the stock moving. This new IPO has been on market so far about 1 year. So it makes sense why we are consolidating.
Technicals.
Range
Potential breakout.
94% Earnings Surprise factor.
Price pennet wedge. Comes with volatility.
I am long the Jan22 30.00 Calls. Giving time for volatility and delay.
Risk, miss of earnings.
Earnings report Tuesday after the close. Very important to pay attention to this catalyst. Because the stock has been so sideways, I'd say the EPS will be valued more than the current trading price. We will see.
Expecting a high volatile breakout.
I am already Long Equity from 25.65 and already have a few calls. I Will likely add today. Price Target 40.00+ on volatility.
Trade active:
Whats up guys. Earnings coming. Waiting for a fundamental driven event.
Comment:
So i sold out of calls. and held equity. This one will be a while. lol market makers will eventually leave this stock alone.
