Palantir $PLTR is Dead-Cat-Bouncing | Now, WAVE-2 Down to $86

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As I always say... My favorite technical play in the trading game!🥇Spooky how accurate those broken trend lines can be, right? PLTR near-perfectly utilized that line of broken resistance as new support (yellow)! P.S. I have an in-depth Trader Tips video discussing this on YT as well. 👻🎯

PLTR ended the day around -5% following that -12% plummet early this morning, and it looks to me like the stock is in the process of dead-cat bouncing prior to the next wave down. Another -20% in the week ahead wouldn't surprise me in the slightest. As of now, the stock is in no-mans-land, both technically and fundamentally.💥😼📉

I couldn't help but to shark back up a few 2/28 $102 PLTR puts just before the closing bell. If the stock sees a lick of green tomorrow then I'll pick up more. If it just continues to fall further, then it's all good. I'm more than happy with the 10X profits we've already secured with our PLTR put-play. 🏆💰🦈

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