PLTR Cup and Handle?
This is not the cleanest cup and handle I've ever seen, but it's not even necessary to have bullish bias. PLTR recently broke above the key $27 area and has been holding above, the recent highs have been levels not seen since 2021. If it remains above $27, I would expect continued upside and potentially a lot of it. This idea will be invalidated if PLTR breaks back below $27, but for now it looks great for bulls, especially if the broader market rally continues this summer.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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