Because it continuously fails the 9day MA; I think the 200day MA (white line) is more likely an entry.
I'm cautiously bullish on
PLTR
but this huge market bullrun this year makes the need for good entries ultra competitive.
I would start buying
PLTR
around $20 (maybe) depending on my capital availability; and I would use short credit puts below $19 to monetize and leverage my position.
I will have to re-evaluate this when those conditions are met; nothing is certain until the ink is dried.
I'm cautiously bullish on
PLTR
but this huge market bullrun this year makes the need for good entries ultra competitive. I would start buying
PLTR
around $20 (maybe) depending on my capital availability; and I would use short credit puts below $19 to monetize and leverage my position. I will have to re-evaluate this when those conditions are met; nothing is certain until the ink is dried.