PLTR showing an Inverse Head & Shoulders on the chart. I'm expecting a breakout to above the $32 level (to fill a minor gap), but want to stay patient for the right setup. It's rallied all the way up to that neckline on high volume, before cooling off the last two days (and again so far today 7/1). I won't chase this stock unless we see a high volume sustained breakout above that neckline. For now, I'm looking for a re-entry around the $25 level, with a second entry if it falls to as low as the 22.50s range.
Selling Credit Put Spreads for my Long exposure, but would also buy shares outright.
*Position