PLTR
The one thing PLTR must do to fly again...PLTR has yet to break the $ 20.30, the point we've been talking about lately, but the RSI has already a breakout. This is a classic Advanced Breakout, and this could make PLTR fly again.
The stock was very oversold when we started talking about it, and now it is about to do some rally.
The problem is that in the 30 min, we might see some retraction.
Still, the 20.30 is the point we should be aware of, as it'll confirm all our theories about PLTR. The 22 is our target!
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 😉.
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Melissa.
PLTR Predicted Trend Line and Price target at $38Covering somethings I see in the price action right now with PLTR and why I think it will go to $38.
I use previous trend lines and match them to current price action, as the market is always repeating itself. I also use price action to identify the current down trend and New Uptrend to show the angle at which price action will follow up. Combine that with some Wyckoff Schematics, knowledge dealing with the Curve, and some Node ideology to find your entry and exit and you have a path laid out for you. This video is only 6 mins long so I didnt cover every little thing I see in the market just brushed over a few of them. Thanks for watching. If you want more of these please like, follow, subscribe. If you have questions feel free to comment below and I will make sure to reply to all of them. Thanks again.
by iCantw84it
05.14.2021
PLTR Elliott Wave Analysis PLTR Elliott Wave Analysis,
Everything Explained in the chart. Please give me some feedback so I can improve or give you more charting in the future.
NYSE:PLTR
I'M CALLING BOTTOM on $PLTR Target 33.39 for 24.26% $PLTR Target 33.39 for 24.26%
And if not, anywhere at this level is a good place to add, but I'm not adding yet...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Palantir - current situationWe have a small support around 15$. Actually, i don't see any lower prices.
$PLTR $170 PT?!?! Technical Analysis Breakdown! 5/14Video breakdown on $PLTR after some heavy PT raises. Also Cathy woods with the lead buying finger.
PLTR: I have 3 points for you to keep your eyes on!Hello traders and investors! Let’s see how PLTR is doing today!
I have 3 key points for you. First, the $ 20.18 . This is a strong resistance, which PLTR failed to break before the recent drop. This is the most important point for a mid-term reversal.
Second, we have a short-term congestion, and its bottom level is the $ 18.52 . If PLTR drops below this point, it’ll resume the bear trend and seek the next support levels, like the $ 17.
Last, we have a micro pivot point at $ 19.46 , which if defeated, could make PLTR retest the $ 20.18, and then, the fight will be intense.
In the daily chart, PLTR looks quite pessimistic, but the reaction seen on Tuesday might bring something new for us. The volume was great, but as promising as this sounds, we are still in a bear trend in short/mid-term, and no reversal sign yet.
Let’s just keep our eyes on the $ 20.18, as this is the most important key point to watch. If you liked this analysis, remember to follow me to keep in touch with my studies, and please, support this idea if it helped you!
Thank you very much.
Seeking the $ 22! But there's one problem...PLTR hit the 50% fibo retracement today, at 18.66, and if it breaks the 20.30 we'll have a bullish confirmation that could take the stock to our target.
The area between the 18.81 and the 20.30 is a solid resistance, but if PLTR breaks it, the 22 area is the next stop.
We have no other major divergence on RSI or OBV, so, our analysis will be naked today, we'll only use only with Fibo. But PLTR must break the 20.30 as soon as possible, or it'll just keep dropping.
If it loses the 50% retracement, we'll see it at the 17 again. Let's keep our eyes open here!
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 UPDATEEverything below 21-22 is bearish territory. Looks like pltr wants to retest 16$ range again:)
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PLTR is flying today! What's the targets for it?Our trade on PLTR is doing pretty well. It triggered our trade at 19, as we talked about in our last analysis, and now it almost our first target, at the first fibo retracement.
The RSI divergence worked wonders here, and PLTR looks great.
PLTR was extremely oversold yesterday, and it did a power bar today, and this could work as a short-term reversal point. Let's keep watching it!
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 breaking downSince PLTR IPO, the price has been ranging in 3 areas.
It appears we are breaking down from the strongest support (bottom on range 2), and will potentially enter the range 1. This level is also coincidental with 61.8% Fibonacci Retracement line.
I would be willing to enter a position for a long-term trade, if we can reach the high of the IPO, which is approximately $11
pltr upward trend after earnings -- buy signal @ 20.53Buy signal for Palantir at 20.53. bullish cross in SMAs, awaiting price to cross 20.53
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.
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