May. 28 at 6:15 PM
$PLTR is setting up for a clean breakout here. The chart is shaping nicely, and if it clears the near-term resistance, the 200-day moving average around
$160 is the first real target.
Momentum looks solid, and short-term traders should keep an eye on volume spikes for confirmation. Could run fast if the buyers step in aggressively. Risk/reward is looking very favorable for those ready to play the breakout.