Palantir is printing a bullish flag pattern right above its all-time highs — this is a textbook continuation setup that often leads to explosive upside.
🔹 After a strong breakout to ATHs,
PLTR has been consolidating in a tight range — a healthy pause.
🔹 Flags that form above prior resistance often act as launchpads when volume comes in.
🔹 Break over the flag highs could open the door to a new leg higher.
Setup Notes:
Watching for a breakout over the flag with volume confirmation.
Tight stop under the flag base keeps risk defined.
Price action remains bullish as long as it holds above previous ATHs.
🧠 This is one of my favorite setups — strong stock, strong base, strong trend.
this is the first pull after this initial thrust. The pullback has been boring and orderly too which i think is bullish for the stock
🔹 After a strong breakout to ATHs,
PLTR has been consolidating in a tight range — a healthy pause.🔹 Flags that form above prior resistance often act as launchpads when volume comes in.
🔹 Break over the flag highs could open the door to a new leg higher.
Setup Notes:
Watching for a breakout over the flag with volume confirmation.
Tight stop under the flag base keeps risk defined.
Price action remains bullish as long as it holds above previous ATHs.
🧠 This is one of my favorite setups — strong stock, strong base, strong trend.
this is the first pull after this initial thrust. The pullback has been boring and orderly too which i think is bullish for the stock
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
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.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
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.