PLTR – Breakout Setup in Motion

🔹 Buy Entry: $131 - 132
🔹 Stop Loss: $120.80
🔹 Current Price: $131.78
🔹 Target (1:3 R-multiple): ~$162.80
🔹 Risk/Reward: Strong – clear breakout from tight range with increasing volume.

🟢 Why This Trade?
• Clean breakout above prior highs with strong momentum (+7.73%)
• High volume confirmation
• Supportive moving averages stack (20EMA > 50MA > 200MA)
• One of the strongest setups in the sector
• Strong institutional backing & tech tailwind

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