This is both a pattern recognition trend model momentum based bet on a continuation of PLTR's run higher, projected to reach an area between 19-23 in the next two months. Key here is merely continuation, not acceleration, as momentum is strong enough to carry prices into that zone. Note the the recent Buy on the daily price chart was May 10th @ $9.94. PLTR is already up 50% from that level. Another 50% takes it into the low 20's, so continuation is all that is needed for high reward return through mid-summer. Acceleration, although not anticipated, would be frosting on the cake. PLTR Daily PLTR 120 - Short-Term PLTR Short-Term Option Trade PLTR Jul 21st $15C (1.30-1.35) PLTR Target: $19-23; $15C Target 4.00-8.00 Stop: 50% Trailing: Risk 0.5 - Reward 3X-6X
