Get started

PLTR

PLTRPLTR brakes trendline resistance. Also CCI comes out to oversold area and Stochastic cross too. News of today about PLTR: the company has entered into a six-year strategic partnership with French automotive supplier Faurecia to help the latter accelerate its digital transformation and move toward carbon neutrality. The French company will use Palantir's Foundry software to obtain better insights on data from manufacturing to purchasing, and from engineering to finances. Palantir's on the BUY list of ARK's ETF too. 1st target price 30 2nd target 40 Save and Invest LazyBull DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NYSE:PLTRLong
by LazyBull5
PLTR: Complete Analysis (Hourly/Daily/Weekly charts).Hello traders and investors! Let’s see how PLTR is doing today, and do a complete Multi Time Frame Analysis (MTFA) by looking at the hourly, daily and weekly charts! This stock dropped sharply in the past few weeks, but right now it is doing something interesting. For the first time, it is breaking the bearish bias seen since it started its fall around the green line ($ 37.95), as we see higher highs/higher lows. This movment is natural, and not surprising at all, as we already discussed in my previous analysis, last week ( link below). What’s more, the 21 ema is pointing up, and the price is above it. We can assume it’ll reverse the bearish sentiment seen in the daily chart as well. The bias is still bearish in the daily chart, but if the 1h chart persists in its bullish sentiment, then the trend will eventually reverse in the daily chart too. What are the main challenges PLTR has right now? First, the 21 ema, which might offer resistance today or tomorrow. Second, the volume is still quite low, so, looking at the daily chart some people might not be entirely convinced by it. Aside from that, if PLTR keeps trading at this level until the end of this Friday, the weekly chart could be very interesting: At any moment the bears could make PLTR trade under the 21 ema and the 61.8% Fibonacci’s Retracement , and this is interesting. Clearly, this combination makes a very strong support level. In fact, PLTR did a very powerful Hammer candlestick pattern last week, with a nice shadow under the candlestick’s body, a good thing when we talk about Hammers. And this week we have a Bullish Engulfing (so far), making the situation quite bullish. Now, the 50% retracement may work as a support, but I believe the 38.2% level is more interesting, as it is exactly at the same price level where it would fill a gap. If you liked this analysis, remember to follow me to keep in touch with my daily analyses, and please, support this idea with your like! Thank you very much!
NYSE:PLTR
by Nathan_The_Finance_Hydra
12
PLTR (NYSE) - Calm and OutGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader. Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan PLTR (NYSE) - Calm and Out
NYSE:PLTR
by MultiAssetX
$PLTR Expecting one more leg down.$PLTR had a flash crash to $20.18 and recovered back to $23 which also is Fib 0.618 retracement level. 23$ is a possible support zone to hold if you want to take an early trade with a tight stop aiming to take profit at $35. Since we can clearly confirm that the strong up trend is currently broken and momentum still declines, I am on the bearish side. $16-$17 range looks better for a new entry targeting approx $50 in the mid term. C'mon guys, it's not even oversold yet (:
NYSE:PLTRLong
by scratis
Palantir (PLTR): In-depth Fundamental and Technical AnalysisPalantir is a mysterious company that helps governments and corporations integrate their data, decisions, and operations into one platform. They use big data and machine learning technology to offer solutions in both the public and private sector. While it has never been confirmed by the firm itself, it is said that Palantir played a significant role in catching Osama Bin Laden. In this post, I'll be going over Palantir's fundamentals, financials, and technicals, in order to assess whether this company is a good buy. This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Background - Palantir’s founder is none other than Peter Thiel. - During his Paypal days, the company faced a crisis due to a scam led by the Russian mob. - Because of this, Paypal started nurturing groups of experts who could track and predict scam transactions. - They developed a software that analyzes data patterns, which allowed them to identify and prevent these schemes. - Peter Thiel thought that this software could potentially be used for many other things. Products: Gotham and Foundry - The CIA, they had collected a tremendous amount of data since 911, but weren't really sure of how they could utilize it to catch terrorists. - So the CIA became Palantir’s first client, and Palantir received an investment from In-Q-Tel, which is the venture arm of the CIA. - With the CIA’s support, they develop a software called Gotham, which allows Palantir to analyze huge data sets in real time, and visually demonstrate the result of the analysis through connective relations and patterns. - Gotham became recognized as the best analysis tool that the government has seen, and later became used by the CDC, NSA, FBI, the Pentagon, and the Marine Corps. - This software is used to track suspicious activities, the flow of potentially illegal funds, track missing children, or the spreading course of a disease. - With this experience and technology, they work with JP Morgan to develop a new software called Foundry. - Foundry is a solution for private firms that analyzes data to prevent financial fraud or illegal transactions. Financials Analysis - If we look at the quarterly income statement, the gross profit has dropped significantly in Q3 2020 from the 70% range to 50% range. - This is due to the compensation provided to the company’s employees through company shares. - Then we can also see that R&D expenses have increased significantly in the same quarter as well, and this is also due to the stock based compensation they’re giving out. - Regardless of this outlier, Palantir is a company that invests a lot on research and development. They are spending 30% of their revenue on R&D every quarter. - And as you can also see, Palantir is still technically not a profitable company, as their operating income is in the red. - Let’s take a quick look at their Q4 2020 results. Last quarter, they did $322m in revenue, which is a 40% increase compared to the same quarter last year. - In 2020 total, they did a little over a billion in revenue, which is a 47% increase compared to the revenue in 2019. - Looking at the average revenue from Palantir’s top 20 customers, the revenue increased 34% compared to last year, marking $33.2m. - The average revenue per customer also increased by 41%, marking $7.9m per customer on average. - This could be interpreted as a sign that Palantir’s clients are happy with the service they get. - In 2020, the revenue they generate from governments increased a whopping 77%, marking $610m. - In 2019, the commercial revenue covered 53% of the entire revenue, but in 2020, the government revenue outweighed the commercial revenue in terms of proportion, as it covered a little over 60% of the entire revenue. - The commercial revenue, on the other hand, wasn’t as impressive as the government revenue, as it only increased 22% compared to last year. - Using the PSG ratio, I calculated the 2023 estimate for Palantir's stock price to be anywhere between $36.31 to $48.38. Technical Analysis - We can count Elliott Waves on Palantir's 4 Hour logarithmic chart - We can see that the corrective abc waves have completed its formation, and that this entire chart is part of a bigger impulse wave. - What's important to note is that the price has retraced over 61.8% from all time high levels. - The price has managed to stay above the 0.618 fibonacci retracement support level. - The Relative Strength Index (RSI) is trading near oversold regions - The Moving Average Convergence Divergence (MACD) has formed a golden cross, and has started to form bullish histograms Conclusion Palantir is a company that is in an increasingly growing industry, but is reliant on government contracts for the time being. While this means that they are a monopoly in some way, they have also set their strategy to target commercial clients in the coming years as well. Their cutting edge technology has been approved both by government and commercial clients, and justify the growth potential of the company. Using simple assumptions to apply the PSG ratio in calculating the fair value of the company, we can estimate the stock to reach between $36.31 and $48.38. Given that the stock is currently at $24.19, this is a 41-100% upside. Technical analysis also aligns with the bull case of the valuation, indicating that the stock has recently been oversold, and that an entry around $23 would be reasonable. If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)
NYSE:PLTRLong
by Michael_Wang_Official
9
PLTR: Ending diagonal?Don't follow this one much, but I've heard some good things about the company. I'll have to look into them more. The chart looks good. We have a pretty ugly ending diag. If examined closely it fits the internal wave structure of the aforementioned pattern. We also have some pretty good looking divergence on the 1hr. Some good looking humps ;) What do you all think of PLTR? I've been trying to keep these updated as much as I can while balancing family and work. I hope we all come out on top next week. I've been bleeding out long enough :) lol Linked another potential diag in EVGN. This one is a larger degree and it's a motive diag, not a corrective one. Thanks for checking it out!
NYSE:PLTRLong
by adambiers
2
PLTR - Massive Divergence on the horizon!Hello investors, As we can see, we had a huge Sell-off for a few weeks and today the move to the downside was massive! Palantir is signing more and more contracts, while the price is falling, which would mean that the only reason for the fall is the over-all bearish sentiment in the market. We can see the enourmous divergence that we have on the RSI on the 4hr chart and this indicates that we are near the bottom of the fall! Fundamentals of the company are more than amazing as we are a huge devoleper of an inovative industry, so huge returns are expected once the whole market becomes bullish. A long-term BUY position is a safe and smart move and since Cathy has been buying the stock a lot during the last few days, she should have acquired an enormous amount of shares today and with that the bottom of this fall is near. Good luck to all my fellow investors and traders!
NYSE:PLTRLong
by donaitelo
1