My last post on PLTR 0.00%↑ was last May -
That one worked. But now what?
The stock’s above the AVWAP from IPO following yesterdays earnings release, and that’s a stay long data point for me. The red shaded area above is where I’d expect some resistance, with overhead supply coming into play. That’s an area I might write some calls when the dust settles on this post earnings price reaction. Risk is now very well defined in this name.