Palantir Earnings on Tap
$PLTR
PLTR 0.00%↑ reports Monday after close. It’s been a core holding of mine for some time.
Last two reports have driven gap and go’s.
The stocks sitting in a high congestion area. I’m looking to see if it can break that $25-30 range (red bars on the right side represent prior selling volume).
A break out of that range would put very little resistance against a move towards prior all-time highs. Conversely, should a breakdown occur, the AVWAP line from IPO pictured below is a level where I’d be reducing exposure, if not exiting completely.
More to come..
