Long

PLTR Cup and Handle?

This is not the cleanest cup and handle I've ever seen, but it's not even necessary to have bullish bias. PLTR recently broke above the key $27 area and has been holding above, the recent highs have been levels not seen since 2021. If it remains above $27, I would expect continued upside and potentially a lot of it. This idea will be invalidated if PLTR breaks back below $27, but for now it looks great for bulls, especially if the broader market rally continues this summer.

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