PLTR mapping the current situation. What can we expect?Today, we will take a look at the 4HS chart on PLTR
Current situation: The price is below a Massive support zone now working as a resistance. This is a key level because we can deduce major directions if the price stays above or below the key level.
Bearish Scenario: If the price reaches the red line, we can expect a continuation of the bearish movement towards the next trendline, which is not something clear but, if we have to create a possible level to see some bullish pressure, we think that would be one.
Bullish Scenario: If the price breaks the key support/resistance zone and reaches the green line, we can expect either a direct continuation of the bullish movement towards the next resistance zone OR a throwback (retest of a key level after being broken) and a continuation movement towards the next resistance zone.
Thanks for reading!
PLTR
We are doing well, but the moment is complex! What to expect?Ok, PLTR did a bullish harami today, just above the 20.80, and this confirms our main idea. Now PLTR is bullish again, and it is supposed to seek the 22 one more time.
If PLTR will break this resistance we don’t know yet, but I’ll keep you guys informed about the next steps. Therefore, remember to follow me!
Right now, we may see a correction, but the 21 is a support level, as it is the 20ma area.
The 4h chart indicates that we could see PLTR breaking the 22 in the next days, and it could seek the 24 next. Meanwhile, everything is going well with PLTR, and our trades are doing just great so far.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
When you forget to update your trading strategies..!One of the most common problems in trading is having a single strategy!
If one strategy works for a while it is very good, but you should be ready for different markets.
We have at least 3 different types of markets! Bullish, Bearish, Correction.
If anyone tries the very same strategy during different types of markets, the result will be disastrous!
It seems ARK Invest still tries the same strategy they used in the past years. But in the past 3 months, they are more than 35% down and they keep ignoring money outflow and profit booking from their funds!
look at the result:
-1 PLTR
2- NASDAQ:VUZI
3- AMEX:ARKK
4- AMEX:ARKF
5- AMEX:ARKG
6- AMEX:ARKW
If you find these chart following the same pattern it is because:
Cathie forgot to ask Brett to update the trading algorithms!
Moshkelgosha
$PLTR Insider Selling. Should You Be Worried?Taking a look at the numbers, as well as breaking down the chart on $PLTR ! Have a great week everyone!
What to look for on PLTR next week?Ok, PLTR broke the 20.80 as the advanced breakout told us it would, but the movement was too weak, and it closed at 20.75 (it dropped even more post market).
This shows that the bulls are as weak as the bears, but there's still hope for PLTR. If it does a good bullish candlestick next Monday, and close above the 20.80 in the 30min or 4h chart, it could trigger a buy.
The 4h chart has no relevant information, other than the resistance around the 22, that we are already aware of. In my reading, if it breaks the 20.80 for good, we'll see it breaking the 22 too. I'll monitor PLTR closely next Monday!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Moving according to the plan! What should we do now?As we expected, PLTR did a lateral movement today. We identified this thanks to the RSI divergence, but right now we have some hopes that PLTR will do something good next.
We nailed the purple area, and right now it has a chance to hit it again. We have an advanced breakout on the RSI, and if PLTR breaks the 20.80 it'll confirm our bullish idea.
The 4h chart shows how strong the purple area is, as it was a previous top at 22, and it is the 61.8% fibs retracement. If PLTR breaks this resistance, the 24 is the next stop for us. Let's watch the 20.80 in the 30min chart, as this will be our lead.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
PLRT LongWe see a bullish wedge formed, which will soon start working out. For the report for the 2nd quarter, I assume the price in the region of 30-32$
PLTR its all about holding out til the end of this week. Once this week closes out this will launch.
by iCantw84it
05.17.2021
We warned about the pullback! But what's next?As we expected, PLTR corrected, after it reach our purple area, but this drop was pretty weak, as it only hit the 38.2% retracement. But we have a RSI divergence in the 30min, meaning that we might not be prepared for a good bull run yet, and I wouldn't be surprised if it keeps moving sideways tomorrow too. But this doesn't change the bullish idea we have here.
It is interesting that PLTR hit the 20.30 again, and now it is going up again, so, this is a nice support for us. But the 50 and 61.8% retracement at 19.71 - 19.26 is also a good support region, and PLTR could still hit there if Nasdaq drops tomorrow. It could be another chance to buy, in my view.
If PLTR breaks the 21.03 again, it'll start to gain momentum, but we must be careful here, as the markets are pretty volatile. It looks like it wants to break the 22 level, and in this case, the 24 is the next target for us.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Palantir - PLTR TAhey guys I have done TA on PLTR, hope this will be helpful for you all.
For the short term PLTR seems pretty bearish, candles went to 0.618 FIB Retracement and got bounced back, 200 MA is above 50 MA (you don't see it because Im using the regular version of tradingview) what means we're on a downtrend, Fractals are bearish, Reversal MACD just crossed, STOCHASTIC bearish crossed. I definitely think we're going down in 12% to $18 price zone.
Please Write on comments What stock or crypto should I TA next for us!
PLTR: Good reaction above a support level.Hello traders and investors! Our PLTR has been doing some interesting movements in the past few days. Let’s see what’s going on.
First, in the 1h chart, PLTR defeated the $ 20.18 area , which we mentioned in our last study. This was the most important point for us, and it is worth noticing how it struggled in defeating it on May 17. If you missed our last study, the link is below, as usual.
Now, PLTR is in a short-term bull trend , and it is trading above the $ 20.18. Coincidence or not, when it crashed today, it dropped to this area again, before it reacted. This reinforces our main idea.
Now, the daily chart:
In the daily chart, the trend is not bullish yet, or at least it is not a clear one. As long as it keeps under the 21 ema, the situation will still be a little bearish. However, I like how the volume is looking.
If PLTR keeps above its support levels in the 1h chart, it has good chances of defeating the 21 ema in the daily chart, and reverse the trend for good.
We’ll see how it’ll play in the next few days. Meanwhile, if you liked this analysis, remember to follow me to keep in touch with our daily studies, and support this idea if it helped!
Thank you very much!
Good movements on PLTR! What to expect next?Yes, PLTR hit our purple zone today, which is a resistance area , and it almost hit the technical target at 22. The 20ma is a cool support for us, but since PLTR is too overbought according to the RSI , we must be aware of possible corrections.
There's nothing on the charts saying PLTR will drop, but still, we must be aware of this fact.
The RSI divergence worked wonders here, and it still could hit the 22, but we might see some correction in the 30 min first. After it breaks this purple area for good, the 24 area would be the next stop for us. We'll see how to proceed tomorrow.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
$PLTR #PLTR #PALANTIR - RocketIn long, this action is a rocket, because its growth is just beginning
PLTR BUY/LONG NOW READY! 16.00 to Potentially 81.50!TICKER CODE: PLTR
Company Name: Palantir Technologies Inc.
Industry: Technology | Software - Infrastructure | USA
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge Pattern Forming
2. Fibonacci Retracement at 0.786 (Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
4. RSI was at OVERSOLD level
The market will more likely than not pullback to 16.00 - 17.00 before another rise up to reach 60.00 and possibly 80.00
Entry: NOW READY (16-20)
1st Partial Take Profit: 59.00 (August - End 2021)
2nd Partial Take Profit: 81.50 (Mid-End 2022)
We must watch these points from now on!PLTR is having some rest now, and the BB are getting tight again. This is normal, as the RSI was showing PLTR was too overbought in the 30 min, but there's still a lot of room for it to go higher. We have been analyzing PLTR for some time now, and it has been doing some nice technical movements.
The 4h chart has a nice RSI advanced breakout, indicating that PLTR has more fuel to burn in the next days. The 22 area is the target for it, and so far, it is going well.
Also, although it is overbought in the 30 min, it is trading above the 20ma, and it is breaking the 20ma in the 4h chart too. The 22 is a target because it is one of the previous top, and the 61.8% fibs retracement.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
PALANTIR - WHERE ARE BUY ZONES?You can see three buy zones in the chart. Palantir is currently located between several important zones. It is difficult to give a specific price. You can also divide your investment into 3 phases. Then you could build up positions at these points. But palantir is a long-term investment anyway. I don't think a few dollars matter.
So its also possible that this was already our low
People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market.
I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down.
Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market!
This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux.
To have a better idea let's review this on the charts:
NASDAQ:TSLA Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe.
Maximum trading value in one week: 290 Billion, third week December 2020
Maximum trading value in one month: 844 Billion, December 2020
Last week Trading value: 111 Billion (-62% decreased)
Last month Average Trading value: 481 Billion (-43% decreased)
NASDAQ:AAPL Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe.
Maximum trading value in one week: 143 Billion, first week September 2020
Maximum trading value in one month: 525 Billion, August 2020
Last week Trading value: 65 Billion (-54% decreased)
Last month Average Trading value: 248 Billion (-53% decreased)
NASDAQ:AMZN
NASDAQ:FB
NYSE:NIO
NYSE:PLTR
NYSE:GME
NASDAQ:BNGO
NASDAQ:RIOT
By now you should be familiar with the power of money in the market and how money flow affects the trend!
Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..!
Moshkelgosha (Sniper Trader)
