Sensitive level of 21.50

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21.50 is the most important level for Palantir to trade. In most cases, it has experienced a 12-27% bounce.
This is not a long-term trade setup!


Fibo:


it has a significant negative correlation with Nasdaq, so it could outperform in a possible negative market!


Entry:21.5
Stop loss: 21 9closed below 21 in the daily chart)
Reward/Risk:6
Target range: 24.5
Time Frame: 1-2wks
Possible gain:14%
Possible loss:>3%

Option trade:
Buy call 21.5 July 23 at 50-55 cents

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ملاحظة

Max pain: 23