It hit the 20ma as we expected. Now what?Yes, PLTR is sitting at the 20ma as we expected it would in our last analysis, and tomorrow we'll see if it'll fly again, or keep the correction!
The bias is clearly bullish, and I think this movement is not done yet! Yes, it hit the 22 today, the target we've been aiming, but if you look at the 4h chart, there's still some upside left!
The problem: The 22 is the 61.8% fibs retracement, and was a nice support level in the past, so, in theory, it shouldn't be easy to break it.
But given the bull trend in the 30min, it is possible to see a breakout here, and in this case, the next stop is the 24 area. The RSI is not overbought at all, and it could go higher before a correction in the 4h chart.
So far, we doing amazingly well here. I'll keep you guys updated every day :)
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 Q1=20.16, Q2= 19.24, Q3= 17.04NYSE:PLTR
Really want PLTR to succeed but for now, I think it got rejected. If it does cross the resistance will redo the chart with nicer targets.
PALANTIR is on a good wayIn the chart you can still see a breakout (attempt), which is now considered as "confirmed" for me.
I see a real bullish reversal trend if we see the scenario that I have represented with the yellow arrow. I am very positive about the future of palantir.
$PLTR Breaking out with a green close today - Target $27Palantir looking strong breaking from its downward channel, a solid green candle to complete todays close gives me full confidence for a move back towards $27.
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!
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