PLTR: Could it CRASH next? Let's see.Hello traders and investors! Let’s see how PLTR is doing today!
As we can see in the 1h chart, PLTR is in a slow bull trend, doing higher highs/lows, always respecting the red line (while it ignores the 21 ema). It seems the green line at $ 26.74 area is a ceiling for PLTR, and a resistance it must break in order to resume the trend.
The area between this green red lines is called “Trap Zone”. The price will get squeezed in a tighter area as the time passes, and sooner or later, it’ll explode, we just don’t know it will be upwards or downwards. The chances are that it’ll explode upwards, as it follows the main bullish trend.
Now, let’s the daily chart:
Last time PLTR retested the red line in the 1h chart was at the same say it retested the 21 ema in the daily chart, which is a much more reliable support level in this time frame. This made the area around the $ 25 a Dual-Support level, and a key point for PLTR.
Next week we’ll see its earnings, and this surely will bring some volatility. Last time it reported earnings, it went up a lot, and I’m curious to see how it’ll react next week.
As long as we keep above the 21 ema, the trend will remain bullish.
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PLTR
PLTR. weakly waving higher. maybe earnings will catalyze.so far not one earnings report has showed a decline in business, which is a very good sign. roughly 270 mil last year now 370 mil with no hiccups. If I'm an investor I see a steady stream of growth and I'm very happy.
As a technical aficionado I also see a baby bull market waiting to happen. Sky is the limit for this one IMO.
$PLTR #PLTR next stop at 31-32 levels$PLTR #PLTR next stop at 31-32 levels, make sure you #PlanYourTrades
PLTR - All systems a go!Strong candle to start the week and looking for this channel to hold throughout this 5 wave sequence.
Have shares and took some 06/17/22 30C's
PLTR! Swing Trade IdeaPLTR,
Great pattern with future Coming breakout. Easy 50%+.
Awesome risk and reward Ratio as well.
If you do options can be a great %.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
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Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
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Blacksky Uncertain or Overlooked?Hello, Blacksky is a satellite company that has grown alot and recently went public through a SPAC by SFTW. Now this company aims to give real time data unlike the traditional methods that could take days or even weeks to get.
News
-Rocket Lab, RKLB, will be launching two rockets with Blackskys satellites on them, roughly 6 in total new sats not sure on the actuall number, starting on Nov 11 for the first and second Nov 27.
-Blacksky ER and PLTR ER, PLTR has Blacksky program/software connected to their foundry system so if PLTR can report growth on the Foundry system it will be great for Blacksky's ER
-Blacksky partnered up with reseller AllSourceAnaylist
-S1 filling giving the warrents a price of $11.50-$20
-Blacksky ER is on Nov 12 preMarket
TA
-RSI Neutral
-MACD Leans Bearish
-Support at the 50ema and $9.57
-Reistance at $10 and $10.66
Final Thoughts
I personally own 900shares and believe this company with the upcoming catalyst will shock the investors, since on Fintel theres zero shares to short with a 2x borrowing and maintenance fee. One major move of success from the launch or ER will drastically push this stock since its on track to double their rev next year and continue growth. ZERO downside in the short and long term.
$PLTR calm before the storm - PT $27 to $45 by end of year$PLTR should be taking off shortly from it's current levels. Leading up to it's earnings report will be fairly lucrative.
Price targets
Conservative: $27
Ultra-Bull: $45
Impending Doom Due to Incompetent Government: $17
I'm not a financial advisor, I just post ideas that I'm using.
PLTR : Palantir consolidating. Palantir consolidating due to low volume if it get that then PLTR easily make a new uptrend because price action is clear and we don't have any strong resistance.
Lets wait and look for some more confirmation before taking any decision.
Previous Analysis.
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PLTR - Past S now RPLTR is trying to knock it's way back into the pattern. If we can get back inside PLTR interests me alot although it does have ER coming up which can make this one pop or crater pretty quick. I'm buying shares for my ROTH in this name. Believe it'll be great for years/decades.
PLTR : Still consolidating. PLTR doing some consolidating due to presence of high volume around 25$ mark and it can make a new uptrend if buyers are in charge but if sellers take the charge then it possibly make down trend towards 20$ mark.
Suggestion for PLTR is wait for confirmation.
Previous Analysis.
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PLTR $40 price target. three rising valleys on the weekly PLTR showing three rising valleys on the weekly time scale
measured move of this would take PLTR to around $40 a share
weekly and daily time frames looking very bullish
could see a strong end of the year for this stock
PLTR GOING UP VERY SOONPalantir going up very soon as it broke that triangle. We see a major up trend target is 31.
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PLTR: Impressive reaction! What's next for us here?Hello traders and investors! Let’s see how PLTR is doing today! As we expected last week, it is flying nicely.
We see a clear bull trend in the 1h chart, as the red arrow is a trend line that is working as a nice support level for us. We retested this support last Friday, and today we are flying, as expected.
Since we went up too much, too fast, there’s a chance that PLTR will correct, and that’s ok. Since it is a bull trend, pullbacks are opportunities to buy. We don’t see any bearish structure around. Now, let’s see the daily chart for more insights:
Ok, PLTR defeated all its short-term resistances, and this reinforces our bullish thesis. We are leaving the 21 ema behind, and the next resistance is the $ 29 area. Probably we’ll see pullbacks along the way, but again, these would be just an opportunity to buy.
PLTR is engaged in a bull trend since it hit the gap area at $ 23, and it found a bottom there as we thought. This is a good sign, and the only thing that I miss is a good volume. However, we see much more bullish signs than bearish right now.
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PLTR, the next Generational Company! Time to start DCA!Palantir is the best SaaS company to buy this year, next year and the following years. Right now, the accumulation happening is crucial. The next leg up that will happen (2-4 years) with bring it to 40, an 80% move. A golden cross happened (buy orders taken) so technical analysis is bullish.
My discounted free cash flow model gives me a price target of 38.
What do you guys think of Palantir as a long-term investment?
Feel free to write it below!
$PLTR - Ready to pop? (multi-analysis convergence)This is one that i've been watching for a while now. Im going to look at this price action using 3 different methods: Elliot Waves, Pitchforks, and Volume Profile (with some anchored VWAP and MA action)
Based on the EW analysis, we are in an intermediate wave 3 (yellow) of primary wave 3 (green) of cycle wave 3 (white), giving us a triple nest.
If you look at the modified Schiff pitchfork, we got rejected off the median during the Sept 17 high, found support at the 1.618 line and are now holding that support.
On the Volume profile, we got rejected off the high volume node (which coincides with the median line of the pitchfork and the wave 1 top from EWT) and are now consolidating off of another large high vol node, and sitting right underneath the POC line (red dashed), having bumped up against it several times now.
If you take the YTD Anchored VWAP, we are also sitting right on top of it, and right underneath the 200 SMA creating a pinch point.
If we get above 25.50-26, we will clear the volume node leaving us wide open to hit the previous high of 28-29, and clearing that, all the way to 40.
If we do break the 1.618 pitchfork support, we could fall to the 2 line, and test the bottom of the current volume node around 22.90, giving us a double bottom pattern at the previous resistance turned support level.
PALANTIR - PLTR Pump!Ascending triangle is printing on the daily, meme stocks are coming back (not why I'm in this, but it helps)
See you on moon!
PLTR: It found its bottom! What to expect next?Hello traders and investors! Let’s see how PLTR is doing today!
First, in the 1h chart, we see a crystal-clear bull trend, as it is doing higher highs/lows. The trend is not as strong as we would wish for, but it is looking good.
The $ 24.71 is a key point for us, as it was the previous top, and it is supposed to become a new resistance for us, and at the same time, a pivot point. Now, let’s see the daily chart:
Since PLTR found a support at the gap area, it has been trying to react. The reaction in the 1h chart it is a good start for a possible reversal in the mid-term, but it feels like the $ 24.71 is the most important price level for us here too.
The $ 24.71 is a pivot point, and it is close to the 21 ema in the daily chart, which is still falling and pointing downwards. By breaking these 2 resistances, PLTR could easily fly again to the $ 29 area, as we don’t have any other meaningful resistance until there.
There’s something missing, which is the volume. This low volume is depressing, but the price action is clear. We have some very good signs on PLTR, but we must wait for more confirmation.
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$PLTR #PLTR Momo turning upPalantir nice MACD curl and curling off the trendline support.
Can trade the ascending triangle or wait for a breakout as an idea. Good consolidation period I think the next move will be explosive... my bias is to the upside.
PLTR swingPlaying this descending triangle on PLTR. Will enter on break and retest of downtrend line. PLTR is undervalued, has a hard time staying above $25 but I think a massive run is coming soon.
PLTR: Trading near its bottom!Hello traders and investors! Let’s see how PLTR is doing today!
As we thought in our last analysis, since PLTR lacked stronger bearish structures, it stopped at the gap area, which is working amazingly well as a support level. Now the bias is not bearish anymore, as the 21 ema got flat, and it seems PLTR wants to reverse.
The $ 23.97 is a pivot point, and by breaking it, it’ll trigger the next movement to the $ 24.94, the next resistance. Now, let’s see the daily chart for more clues.
Here we can see better, how the Gap worked as a support for us and the $ 23.19 is now the floor for PLTR. Since PLTR dropped too fast since the $ 29 area, it won’t be easy to reverse and resume the bullish bias, but the bullish reaction seen just above this support level is a good start.
The only thing missing here is a good volume, and the price is still under the 21 ema, so let’s be careful.
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PLTR - channel bounceRecent bounce off lower channel
Strong resistance at 27.31, a breakout though should take it to 29-30 levels
Palantir is looking for a drop. PLTRIndeed. We are forming more zigzags after quite a stellar impulse and currently looking to drop to ~25, ~26 levels first and then reassess. Obviously, this is not financial advice, so do your own research. We just do fractal analysis of market action for the love of it. Purple goals for short positions, invalidation in red. Good luck and stay safe!
Palantir..... a case of accumulation Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result decreased afterwards.
We either are in the last phase of weak hands shake out where we will get one more test and upwards price movement, or we get a spring like action to capitulate weak hands and we resume to the upside from there.