davidgnau

davidgnau

Looks like a bullish wedge

davidgnau

Chart speaks for itself... every time it has come to this point it breaks upwards

davidgnau

Could break and rocket up soon hopefully

davidgnau Updated 

Hoping this breaks upward into the next channel!

davidgnau

This thing could rocket shortly

davidgnau

I believe this is going to fall hard tomorrow... the SPAC period is over tomorrow and institutional shares can be sold as well as a bearish triangle is forming.

davidgnau

There is a possibility of this being a bullish pennant and moving upwards very quickly!

davidgnau

If PLTR goes down to hit the bottom point tomorrow and holds it then we could see a bullish reversal

davidgnau Updated 

You can see Nio has triple bottomed out and it has tested the resistance every time after... if it can break the resistance we can see it move up towards the target... if it breaks that it could go to all time highs

davidgnau

I believe this will play out over the next week... I am in on $22.5 puts that I bought at $42

davidgnau

This thing is going to go crazy soon

davidgnau

Just a quick idea

davidgnau Updated 

I believe this will play out over the next few weeks... there will probably be some retracement along the way but I believe this is an $11 stock easily especially with run up to earnings and housing market being hot as always