$PLTR - Shake out of stops or bear flag?
I would think with the big $ behind this company and the continued contracts they are winning, that this is a shake out of stops. MRK did the same thing and then their COVID pill was announced. Not that there's manipulation in the markets (LOL) but if that were some how to be true, this would make perfect sense. I will be waiting on a follow through for confirmation. Call volume is down 40% and put volume down 70% from Friday. GLL!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.