PLTR - Short Term Profits by Mid JanuarySimple bet I'm making here, some technical analysis involved by also a gut call based on fundamentals, above 50ma on hourly and approaching 200ma, approaching 50ma on 4hr, reversal on the daily, possible retest of previous resistance before going down further or a continuation up. Either way I think we could see this upside first.
I don't have a crystal ball, or a Palantir, but I'm going to take a risk of 3-4% for 6-7% profit at this level.
Fundamentals look good along with the new Skykit announcement. Would be surprised to see things start looking better, only thing really holding PLTR down is the market in my opinion, so if we have a green day on the market, I wouldn't be surprised to see Palantir top that.
PLTR
PLTR- Short on Positional BasisPLTR Already breaks its strong support zone and retests it again, so this is good for taking short positional trad also US index is bearish so the probability is high to give a good risk reward.
PLTR: Palantir: Worth to have a small bag, for risk loversNYSE:PLTR On support. What to say? Risky asset but definitely worth to have a small bag of it, Palantir will probably leverage itself with the use of AI way more, and what if they make an as powerful AI as ChatGPT is?
I do not know.. let's grab a bag!
Palantir: I gotta go 🏃♂️Although the Palantir stock is currently moving downwards, we're expecting the course to climb further North, before corssing the support at $6.44, to reach the turquoise target zone between $15.24 and $17.21 to finish the turquoise wave (iii). Thereupon, we predict a course correction to finish the turquoise wave (iv) before turning the trend back up in order to surpass the resistance line at $14.86. In our alternative scenario, the stock would continue its current movements further downward and drop below the $6.44-mark before heading back up.
Pltr (palantir) Basic rule in investing ( every lower low gives /makes higher high )
Now we are below 10$ which is the low of the stock .
Stock have been demonstrating in AI and the government contracts are massive .
Not only that the stock have a cash can make it survive and upgrade during rescission .
I think DCA is great but this stock is for long term 5-10 years .
GOOD LUCK
Palantir Potential Pitchfork PlayIn this update we review the recent price action in Palantir and identify the next high probability trading opportunity and price objectives to target
$PLTR | Overbought & DivergenceWith PLTR we see several items that could be a signal for a potential reversal finally. We see a broken upper Bollinger Band multiple times as well as bearish divergence near this top. Also a gap back down below short term support (highlighted by the blue line). Even though I have the next spot for support marked, we could be looking at a "SOFT" landing around $7.94 area due to the respect of the 20MA. I previously took out PUT contracts on PLTR around the first break of the Bollinger Band so this is definite relief.
PLTRPalantir has mad a nice w pattern. I am hoping for it too come up and fill the gap then will be looking to enter on the retest of previous resistance.
$PLTR So much volume here - We may see higher prices$PLTR is looking very bullish at least in the short term. There is a bullish reversal candle confirmed in the daily chart.
$PLTR- Bullish CipherOn the zoomed out frame, we have a bullish Shark formed and confirmed. On the zoomed in we have a cipher confirming hourly as well.
PLTR upcoming new cycle W3 if BO >12, then 16 & 20 will be next.The 2020 low of PLTR is 8.90 which it broke below to make an ABC (A=C) at near 7.21 my max pain zone.
Max risk is only at 7.21 but the upsides are 8.90, 16 & 20. VERY GOOD risk to reward ratio.
A new Elliott wave cycle may have begun if PLTR holds the green 7.21 zone.
Not trading advice
2X $PLTR 1D Tech. Analysis! BANKED for +20%!!WE BANKED on this move down more than -20%! I gave you this analysis in late July (the analysis below).
$PLTR stock has been getting KILLED!!! Now sitting on -75% Discount, reached all-time lows in May (-85% Discount). We are looking to join the fun & capitalize! We are looking for PUTs only on Palantir tech, we are currently in the golden zone of the FIB. The stock will retrace due to bullish momentum the past 3 days last week but soon as we see a Doji or bearish confirmation, WE POUNCE & EAT GOOD off of this bearish move forming!
PLTR:Very close to trend line!Palantir Technology
Short Term - We look to Buy at 9.19 (stop at 7.55)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Trend line support is located at 9.00. Support could prove difficult to breakdown. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets will be 12.96 and 14.00
Resistance: 13.00 / 16.00 / 24.00
Support: 9.00 / 6.60 / 4.00
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PLTR: Big corrective structure?Clearly I was wrong with my previous PLTR view. Still would like to catch the impulse. Thinking LEAPS near $5 and diamond hand it? Let me know what you're thinking!
If you've been following for a while, sorry about the lack of posting. Life got very busy!
PLTR looks cheap AF IMO I have been watching for the last year and I think it's time to start buying PLTR for the long term, 24 bucks is what I think it's worth at least...
Palantir Potential For A Position PlayIn this update we review the recent price action in PLTR and identify the next high probability trading opportunity and price objectives to target
Palantir struggling? Palantir Technology
Short Term
We look to Sell at 10.57 (stop at 11.75)
The medium term bias remains bearish. Preferred trade is to sell into rallies. We have a 50% Fibonacci pullback level of 10.65 from 14.86 to 6.44. The daily chart technicals suggests further upside before the downtrend returns.
Our profit targets will be 6.43 and 6.01
Resistance: 10.40 / 14.40 / 20.00
Support: 7.60 / 6.43 / 5.00
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Big tech GEM Palantir not bad entryPalantir is a really big tech GEM, after massive bearish rally we can wait slowly resurrection now, despite negative background some investors I see start bullish movement of PLTR.
First target 13.5$, continue some coŕrection around 12-11-10$
PLTR/USD Daily TA Cautiously BullishPLTR/USD Daily cautiously bullish. *It's become rather apparent that even after an 85% drop from its ATH, investors still aren't done selling . Taking a closer look at their financials and it's clear that they are a tech growth company that intends to be here for a while but face the reality that they may be operating in a high interest rate environment for a year or more. Financials summary: negative income since going public due to arguably egregious spending on Selling/General/Admin Expenses (that exceed Gross Profit which is $1.20b); Shareholder Equity is at $3.32b as of Q1 2022 and they have maintained minimal debt since IPO; lastly, they started producing Free Cash Flow last year in their fourth year being publicly traded and continued to do so in Q1 2022. So even though they have a healthy balance sheet and are generating positive cash flow, growth companies are often faded in favor of value companies in rising/higher interest rate environments, which helps to explain a lot of the negative sentiment.* Recommended ratio: 65% PLTR, 35% cash. Price is currently retesting $8.52 minor resistance after bouncing from the lower trendline of the descending channel from November 2020. Volume remains moderate (low) and fairly balanced between buyers and sellers as of late but is currently favoring buyers for two consecutive sessions. Parabolic SAR flips bearish at $7.13, this margin is neutral at the moment. RSI is currently trending up at 42.48 but is still technically testing the uptrend line from 01/27/22 as resistance at ~40; if it can continue surging, the next resistance is at 46.81. Stochastic crossed over bullish in today's session and is currently trending up slightly at 93 as it tests 89.92 resistance; the next resistance is max top. MACD remains bullish and is currently trending up at -0.90 as it quickly approaches -0.81 resistance. ADX is currently trending down slightly at 39 as Price is attempting to establish a short term bottom, this is mildly bullish. If Price is able to break out above $8.52 minor resistance, the next likely target is a test of $10.44 minor resistance. However, if it gets rejected here then it will likely retest the lower trendline of the descending channel from November 2020 as support at ~$7.31 before potentially heading lower. Mental Stop Loss: (two consecutive closes below) $7.39.
PLTR - The case of Tiny Gold Nuggets
NYSE:PLTR
Did you see that May 12-May 13th price action?
Did you catch the bottom?
News:
I'm sure Russia or the war and the need for intelligence had nothing to do with the most recent bullish price action. As a matter of fact, PLTR failed earnings again!
Charts:
EMA ( Exponential Moving Average ): Well, like most stock, the EMAs are inverted. But, the most recent price action popped above the 200 EMA.
TTM Squeeze: Hmm... Was May 12trh the bottom we've been looking for? TTM is squeezing upwards.
Fib Levels: The price is right between 1 and .786. This is not an entry indicator for a swing trader but for longterm trader it's enough for a discount purchase. It's best to mostly wait for the cross and hold above .618 fib.
Candle Stick: Piercing or bullish engulfing pattern.The opposite pattern of three black crows is three white soldiers, which indicates a reversal of a downtrend. hmm... I don't like the use of black/white. haha
RSI: Went as low as 15.98 and currently at 31. Hmmm, this is looks like a great opportunity.
Pattern: We didn't get the double bottom pattern we initial wanted but this rising wedge is very tempting.
History: See related ideas below.
PLTR/USD Daily TA Neutral BearishPLTR/USD Daily neutral with a bearish bias. Recommended ratio: 45% PLTR, 55% cash. Price established a new ATL at $6.48 and is technically still testing the lower trendline of the descending channel from November 2020 ($7.88) as support. Volume remains high and favored buyers in today's session, ending a five day streak of seller dominance. Parabolic SAR flips bullish at $8.84, this is mildly bullish. RSI remains oversold and is currently trending up at 28.60 (after bouncing from 22.30) as it approaches a test of 33.59 resistance. Stochastic crossed over bullish in today's session (after bouncing from max bottom) and is currently trending up at 10; the next resistance is at 33.59. MACD remains bearish after breaking down below -0.81 support and is currently trending down at -1.34 as it approaches the ATL at -1.85. ADX is trending up at 37.50 as Price continues to fall, this is bearish. If Price is able to defend the lower trendline of the descending channel from November 2020 at $7.88 as support, the next likely target is a test of $8.52 minor resistance. However, if Price continues to fall here, then the next psychological support level is at $5. Mental Stop Loss: (two consecutive closes above) $7.88.