PLTR bounced from Fib 61.8 points to 29 / 32 post earnings on Monday?


Price Action (Update 5 May 2024)

- Since the last earnings hitting 27, PLTR has since pullback to Fib 61.8 (20.47) on 22 Apr 

- Bouncing off a Fib 61.8 usually is quite a bullish sign with a target of possibly 29 or 32

- Earnings is coming up post-market on Monday 6 May 2024

- Where will it go?


Bullish - Fib extension to 29/32

Bearish - Back to support of a full retrace to 16.14


My plays

- Sold multiple puts strikes 15, 17, 20

- If gap down to 16.14 will look for opportunities to nibble!


Good luck, All!

PLTR Daily - 5 May 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Palantir Technologies Inc.(PLTR)$  

# "Ouch" for Palantir! Time to Bottom or Sell?

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  • LMSunshine
    ·05-06
    TOP
    Thanks buddy for the update❣️
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    • Asphen
      v nice. it went up and collapsed post earnings. Great options play. 😉
      05-07
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  • Deposit
    ·05-06
    thank you
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    • Asphen
      😉
      05-06
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