We have a 2 year wedge breakout today and already up +15% today because of this
We can see that the price got very tight into the apex of the wedge, the 50 and 200 Day MA were at this point too....so not surprised to see a strong breakout then
Ideally a retest of the wedge at $27.50 and holding would be the entry point
But there is a possibility of a run up to the blue line and the First Target at $47, once $AI can hold above this wedge breakout level
$AI is $PLTRs competition and also were a big donor to the Trump campaign.