Textbook setup for a symmetrical triangle wedge; PLTR
Textbook setup for a symmetrical triangle wedge for PLTR. Price target is pure speculation, but I am certain that the all time high will be beaten within December 16th. I would also look for a massive volum spike on the outbreak of the wedge. This stock is very news- sensitive, and therefore I would not say this play is safe in any means. The technicals are strong at this very moment, but a sell-off for PLTR due to its massive 'hype' in the last few weeks is not unlikely. If the price dips below 25 again I would have a much more bearish look on the stock.
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