Palantir [PLTR] time to accumulate more sharesAs the 10 year Treasury Yield continues to climb, Palantir is staying relatively stable. Not much price movement unless huge institutional investors continue to buy such as Cathie Woods or Palantir makes a new contracts with other bigger companies or government agencies as such. Till then will wait for PLTR earnings report which will be May. Till then Prices will stay relatively stable . Will continue to monitor PLTR progress as PLTR will make a huge disruption in the TECH industry.
PLTR
Bullish on PLTR(This is not financial advice)
Hey everyone I made this chart on PLTR a few days ago and so far I am in the green and is turning out as expected so take this as you wish I setup some price targets and my entry was 21.50.
I really like Palantir as a company and stock. Both long and short term I think they are very undervalued and have a lot of potential. For this play I would be looking to buy 20-23 for entry with a stop loss of 19.50 or somewhere around there. Looking to break out of this resistance off this support. People are starting to move back into tech and innovation stocks like PLTR so I think this a good swing trade over a few days and maybe weeks taking profits at price targets on the way up.
Let me know what you think and if you agree or disagree in the comments. Also be sure to like and follow.
Thanks for checking out my Idea!
- Vlaire
PLTR - nice upward movement from the support!The SUPPORT was reinforced today by purchasing power (W-formation)
PLTR - On the Precipice of Greatness
I jumped into PLTR back in mid/late FEB when it was tanking pretty hard. I've been patiently waiting and pulled the trigger on another lower price point to decrease my DCA. After more waiting... I think we're on the precipice of greatness here with PLTR.
Most of my points are called out above. Some additional notes here.
2 day candles show a LONG stretch of being oversold
Last time we left oversold we saw a 79% pump
We've once again been oversold for a very long stretch
Double bottom established and could give us the momentum we need to break out of the oversold position
Things to keep an eye on:
Would be really nice to see the DMI tick up towards bullish momentum
Keep an eye on the neck line of the W (orange dotted line) - needs to break that to finish the push
Obviously do your own research and due diligence before investing... but as for me... I just like the stock.
-Matt
double Chanel and triangle
Next week important
Are we gone stop de losing streak
Without all the hedge fund already in I might lose confidence but still holding strong even if is hurt a lot
PLTR - Does this look helpful?Seems like PLTR is in decline along the yellow trendline on the hour. Possibly in this channel. Seem reasonable? I am interested in this stock breaking to the upside a bit sooner than later.
PLTR: The Unbreakable Bear Trend?Hello traders and investors! Well, PLTR hit our target we discussed last week! And now it is trading slightly below it. If you missed my last public analysis on PLTR, the link to it is below this post. Let’s see how to proceed.
In the 1h chart we have a very strong bear trend, but PLTR is doing something new today. For the first time since it hit the green line at $ 27.45 it has been doing lower highs/lows , a typical trait of a bear trend. But today, it seems it is reacting near the support level at the black line at $ 21.07, breaking the lower highs/lows pattern.
This is not official, but if PLTR holds it there, and if it breaks the dual resistance area made by the purple trend line and the 21 ema, we could see a reversal ahead. What’s more, this could be a Double Bottom pattern in the 1h chart if it defeats the blue line at $ 23.03.
Now, let’s see the daily chart:
In theory, PLTR could drop a little bit more, to the red line at $ 20.18, but since it is doing some bullish reaction in the 1h chart, then that’s fine. Also, PLTR is sleeping, as in the past month the volume has been quite low. At some point, it’ll wake up, we just don’t know when.
It is a little too soon to say this, but if PLTR defeats the $ 27.41 the bear trend would be officially over, and this is a natural target for PLTR if it triggers the patterns mentioned in the 1h chart. But now it is too soon to trade it, as PLTR is a very dangerous stock and it is in a very delicate situation.
Let’s keep PLTR in our radar and wait for a good reaction. If you liked this idea, remember to follow me to keep updated about my daily studies, and please, support this idea if it helped you!
Thank you very much!
PLTR could be headed to $11Do your own research. I see a potential Head and Shoulders top in PLTR. This could take it to $16, and then potentially to $11 or so. Anything can happen, be open to all possibilities.
$PLTR - Still Bearish - Short at Neckline breakMajor Head & Shoulder Pattern detected. Short on break of neckline.
PLTR: Dark Days AheadA rather unfortunate day for PLTR as we see open red, and continue to draw blood until close. The rejection of the previous support @ $22.60 has now become resistance, indicating a potential bear case. The respected rejection in regards to the observed downtrend also plays in favor of a bear case, as do the lower lows and lower highs. If we break $21.05, this may be murder.
Is Cathie Woods and idiot or does she know somethingThis woman clearly must know something the rest of the market does not. She is buying a boat load of PLTR and either she is going to look like a genius or an idiot.
But right now she's not looking very smart. You be the judge
PLTR before demo dayIt suck beingg stock in a loosing position with potential
Descending triangle pattern should resume 4-6 april just in time with demo day
finger cross
PLTR Wyckoff Distribution Model setupJust playing around, crowbarring the Wyckoff distro model into this and saw some interesting similarities which probably won't correspond to reality, but just putting this out there in case it does come to fruition. Personally I don't think the price will sustain under $20 and instead of phase E sell off it turns into an Accumulation Phase A, lets see!
I am long PLTR, I do not actively trade this, I just buy and hold like a good ape.
PLTR DEMO DAY RUN UP (April 14th)$PLTR 4hr and 1hr. $20.96 is a super key level that we bounced from.
Support: $20.96
Resistance: $23.19 ,$25.17, $26.95,
Overall PT $30 (gap)
Should run up the closer we get to demo day (April 14th)
1hr chart
PLTR - RETEST $20 ishIn this scenario I except 2 possibilities.
1) Could bounce back at the support
2) Could break the support and go down to 15-17s