PLTR Bullish flag and pennant

15 Oca 2021

PLTR is seeing good volume post IPO and investor sentiment seems to be positive (WSB sentiment tracker, tipranks etc). Over the past month, PLTR has been landing contract after contract with little price movement, keeping inside the pennant. Citi's downgrade provided a good entry position and although it is up today, ill be looking to pick some long calls at $24.50 - $25.00 hoping for a month long hold. After today's run up, I think it may consolidate Monday. Good news + good volume + bull flag going for this stock. Not sure on what the ceiling on this breakout can be, but I think its gonna go past ATH at the very least. I'm gonna assume a $34 PT by late Feb.