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magicman

PLTR Ascending Triangle on the 1D Chart

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Palantir Technologies Inc. (NYSE:PLTR)  
magicman  
NYSE:PLTR   Palantir Technologies Inc.
Chart Patterns Technical Indicators
5
2
chartpattern indicator
It appears that PLTR is in an ascending triangle with a possible break to the upside in September-November. I am selling puts at anything under $20 strike price and doing covered calls at $26. I can generate about $500/week with little risk of losing shares. I am also using the money made from selling puts to purchase JAN 20 2023 LEAPS for a strike price of $30 and some at $50. These could print big money if PLTR catches on!

Anyways, let me know what you guys think! I'm pretty new to all of this so I would love some feedback!


Much love,

MagicMan
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