PLTR updateActually solid earnings. The blue zone in the chart acting as a support. 21 - 22 USD important level we need to break. Then we can speak about a trend reversal.
PLTR
This should be the bottom for PLTR - ATH's ahead. It's at a beautiful FIB retrace, crowd calling for $5, ARK keeps buying it up like candy, I"m pretty sure this is the bottom.
PLTR - We can see a possible Support!Terrible month for the tech sector and the whole market. After staying as a favorite pick for many thanks to the support from Cathie Wood as well, Palantir was a one-stop to go for the investors. However, now it is one of the most negatively affected stocks that lost a good amount since the recent recession in the tech sector. But here we are, at a strong support point standing at 18.00.
-What now?
We see possible 2 supports that can bring the PLTR back on track again. One at 18.00 and the second at 14.00. Well, hopefully, we won't see it dropping to the 14.00 but it looks like these 2 points are the only way out of this situation.
Is it still worth trading PLTR? Here's an idea for you!Hello community! Well, PLTR didn't trigger the trade we were looking for, but the RSI divergence still persists. This drop only means we can buy it at a better discount, but always wait for the trigger point, ok?
The trigger is the 19, and we have two targets: the 20.74 and the 22, and there's a good reason for this. These points are not only previous tops, but fibo retracements in the 4h chart.
The 20.74 is the 38.2%, the 22 is the 61.8%. These are quite important points for us, and we must keep our eyes at them!
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 to $15 or $32This is so manipulated. The volume has been drying up every single day for the last few months and the MM;s are just allowing shorts to drive the price down. there has been no negative news in quite some time. I expect a beat on earnings, but the MM's want this down. probably not a good trade.
$PLTR - Huge Head & Shoulders Will Bottom By Aug 2021 - May 2022Huge Head & Shoulders
Will Bottom By Aug 2021 - May 2022
Load your boat at the Support levels and massively between $7 - $4
PLTR Great risk vs reward ratio Earnings to be released on the 11th of May, this stock should rise and maybe even rise to its previous highs
ADDED to $PLTR Target 33.39 for 24.26% $PLTR Target 33.39 for 24.26%
Or next add level is at 20.35
Added again here. Anywhere around this price point is an EXCELLENT entry. I will be adding more next week.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
MY MINIMALIST CHART ANALYSIS FOR $PLTR$PLTR - PALANTIR
ON A DAILY CHART
5.5.21 2217H +8 PACIFIC
PRACTICE MINIMALIST ANALYSIS FOR PALANTIR
MY TARGET FOR ENTRY AND EXIT (SWING TRADE)
Note: That this is not a finincial advise.
PLTR - Rise to the Top of the ChannelHello everyone,
I hope you are all doing well!
In this analysis, we have are moving inside a huge channel and are currently at the bottom.
We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $31.
There is possibility of more bad news and break lower. The lowest point would be between $16 and $14 and from then on, we would rise back up to touch the channel once again and most likely break it.
Currently, only 3.43% of the shares are in profit. Think about how the BIG hedgies would react to being at a Loss, would they Sell or Doubble Down and Average Down their position? These prices are a steal to have for Long-Term investing and 96.57% are bought higher than you would buy now ;)
Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has not been any funadmental changes in the price to bring it down as much with the company, the investment funds are currently in Crypto, so that is why we have fallen so much. As soon as Crypto dies, the funds will flow back.
Thank you for the attention, I wish you an amazing Friday!
Target for this advanced breakout on PLTR!Hello Tradingview community! We have a strong divergence on PLTR, and an Advanced Breakout on the RSI. I did an educational post about advanced breakouts and how to trade them, I recommend the reading! ;)
Now PLTR is in an extremely oversold area, and it will likely do a rally next.
In the 4-hour chart we have a good looking hammer, and a rally to one of the fibo retracements is very likely, given the RSI divergence + advanced breakout in the 30 minutes chart, and this hammer in the 4-hour chart. The $ 22.41 is a good exit point.
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.golden buy zone (w2 target) sits between 16.55 ~ 15.71
w3 target is wayyyy up there, we can talk about it later.
If you have Palantir in your portfolio for the long term read..!I know many people love Palantir as a good long-term, but you can buy it much cheaper in the coming months..!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Palantir closed at 21.15, which is the lowest closing price since November 23, 2020.
Classily whenever Palantir had touched 21, bounced back the very same they, but today the story is much different.
how different let's review the daily trading value (DTV) and 5 days average trading value (WTV)in the past 6 times:
1- NOV 23,2020: DTV 1.78 B , WTV 7.85 B
2- DEC 02,2020: DTV 3.55 B, WTV 23.8 B
3- MARCH 5,2021: DTV4.15 B, WTV 14 B
4- MARCH 25,2021: DTV1.68 B, WTV 7 B
5- MARCH 30, 2021: DTV1.14 B, WTV 7 B
6- APRIL 20,2021: DTV1.02 B, WTV 7 B (I published analysis for stock and option, option gain was +100% in 24 hours)
7- May 4,2021: DTV1.37 B, WTV 4.5 B
8- May 5, 2021 : DTV 0.508 B, WTV 4.5 B
I believe you clearly see why I did not call to buy Palantir this time.
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
PLTR: This is the best bullish structure ever!Hello traders and investors! Let’s talk about PLTR today!
In our last analysis, I told you PLTR’s movements didn’t convince me, and the conclusion was that it needed to mature its movements a little bit more. The link to our last study is below this post, as usual.
Now it seems we have something new that could make PLTR do another good movement next. We could have a bullish pivot point , which is the best bullish structure ever. Why pivot points are so powerful? Because they break the previous sentiment, and make the stock do a new pattern, made of higher highs/lows, meaning, a bull trend. Every reversal must start with a pivot point . The $ 21.94 is the key point that could make the difference between bull and bear market.
In addition, PLTR is near several support levels, as seen in the daily chart:
We have a congestion here, and as far as I know, it is a good idea to buy near support levels when we are inside a range like this.
We have the purple trendline and the black line are working as support levels for PLTR. We also have the red line at $ 20.18, but I’m not sure if PLTR will reach there at this moment.
Either way, let’s be careful, because although it is looking good, we have no bullish confirmation yet. Remember to follow me to keep in touch with my daily updates, and please, support this idea if you liked it!
Thank you very much!
Is PLTR oversold? Maybe!Hi Tradingview community! PLTR is potentially oversold for two reasons: 1) The RSI is in very low levels; 2) PLTR hit the 20.87 today again, the same support zone it hit back on Mar 30 (red circles).
Now PLTR seems to be at a support area, and now is the perfect moment for a reversal to the $ 24. Good risk-reward.
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 getting ready slowly$PLTR one of the favorite stocks is in its corrective wave II. It looks like it is forming a combination corrective wave and if the count is right, the breakout above the triangle should start wave III that is usually the longest and most powerful wave to higher prices, namely $80, $94, and $116 as the 1st, 2nd, and 3rd target respectively.
PLTR more pain to come likelyPLTR falling wedge reversal failed, now all its left it is last major support, at $21, if it fails, it will go down as low as $15 or even $10. It is following the EV pattern, of massive devaluation, from 50-80%.
Retailer investors being slaughtered.
$PLTR Update 5/3 Daily Wedge Bottom. Video update on $PLTR
Still Within the wedge Heading back down to 21.50 and if we break out bullish on earnings we should finish a rounded bottom and can start setting our sights into the $40s