What's up TradingView. Here to bring you another trading opportunity.
Okay, we have had a consolidating market in $PLTR for the entire year. And this business has consistently brought amazing partnerships to the table.
We have seen massive Government contracts, we have seen big business partnerships you name it.
Unfortunately, investors are still looking for more. Investors mainly want to see EPS . So we have had a few good earnings reports as of recent but still wasn't enough to get the stock moving. This new IPO has been on market so far about 1 year. So it makes sense why we are consolidating.
Technicals.
Range
Potential breakout.
94% Earnings Surprise factor.
Price pennet wedge. Comes with volatility.
I am long the Jan22 30.00 Calls. Giving time for volatility and delay.
Risk, miss of earnings.
Earnings report Tuesday after the close. Very important to pay attention to this catalyst. Because the stock has been so sideways, I'd say the EPS will be valued more than the current trading price. We will see.
Expecting a high volatile breakout.
I am already Long Equity from 25.65 and already have a few calls. I Will likely add today. Price Target 40.00+ on volatility
Okay, we have had a consolidating market in $PLTR for the entire year. And this business has consistently brought amazing partnerships to the table.
We have seen massive Government contracts, we have seen big business partnerships you name it.
Unfortunately, investors are still looking for more. Investors mainly want to see EPS . So we have had a few good earnings reports as of recent but still wasn't enough to get the stock moving. This new IPO has been on market so far about 1 year. So it makes sense why we are consolidating.
Technicals.
Range
Potential breakout.
94% Earnings Surprise factor.
Price pennet wedge. Comes with volatility.
I am long the Jan22 30.00 Calls. Giving time for volatility and delay.
Risk, miss of earnings.
Earnings report Tuesday after the close. Very important to pay attention to this catalyst. Because the stock has been so sideways, I'd say the EPS will be valued more than the current trading price. We will see.
Expecting a high volatile breakout.
I am already Long Equity from 25.65 and already have a few calls. I Will likely add today. Price Target 40.00+ on volatility
Trade active:
I still have this position mainly equity. Post earnings I got out of calls. and held shares. This could be a while. Market makers keep this stock down.
Comment:
Sorry guys. this position market makers keep this stock down until 2022. So trade lightly. we will return to PLTR> still holding equity. But not calls.
