Palantir Technologies Inc.
Long
Updated

PLTR Triple Bottom/Demand Zone

486
PLTR sitting on a demand zone, potentially forming a triple bottom. The $122-$128 area has been holding up really nicely. PLTR interestingly was left out of the entire March-May rally. Lots of bullish flow, so if the market holds up I think we'll see PLTR catch up to some other big tech names.
Trade active
Took some PLTR 9/17 $150c. IV is making these cheap at the moment.
Note
Falling through the demand zone. We'll see if it's a bear trap or if we've got further pain
Note
Now or never, scaling down on this, but still holding

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