$PLTR $45 Cathie Wood PlayDespite facing both a surprise earnings loss of $0.08 a share compared to positive EPS sentiment of $0.02 on Tuesday, and a lockup expiration on Thursday which freed up 80% of the company's shares, I believe that $PLTR is due for a strong rally as a result of Cathie Wood's involvement through ARKK ETF.
Cathie Wood is a Rockstar stock-picker in today's investment scene with eyes all on her across the globe and a cult-like following among both traders and investors. Her involvement into $PLTR through a purchase of 5,274,000 shares into ARKK ETF, brought Palantir Technologies Inc-A ranking in ARKK ETF up to the 46th largest holding as of 02/19/2021.
This creates an exponentially huge positive sentiment around $PLTR that overshadows the negativity brought about by the earnings loss and lockup expiration. I have no doubt that we will see volume in $PLTR picking up as more money pours into the stock due to this situation. Insiders that have thoughts about selling their holdings will certainly think thrice now as well. I believe that the price range of $24.50 to $26.31 that we saw on the day that Cathie Wood made her $PLTR purchase will now become a demand zone for the stock.
I expect $PLTR to re-enter into the bullish channel, subsequently retesting the channel's resistance line and the ATH.
My target is $45.00. Please set SL based on your own risk tolerance.
This is not investment advice so please do your own due diligence!
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PLTR
PLTR to the MOONPLTR has been consolidating since late November before spiking up late January due to it trending in r/wallsreetbets.
This probably leads to many retail investors started to look into PLTR business, and I believe some also considered taking long positions in between 35 - 40ish price area.
However quite a number of investors are also contemplating as it is nears lockup period which allows initial shareholders to finally cash in on the previous PLTR rally.
Price dropped at 25 but we saw heavy volume on that day, probably due to ARK Invest doubling down on their position.
On Friday the price gapped up with stronger than ever volume, at this price I believe many will start to jump on the bandwagon.
Short term investor will look at this having a nice risk-reward ratio, while long term investor would not hesitate to finally open their position as the price is already at a great discount.
PLTR, BUYPLTR is currently bouncing strong off trendline. Bounce is following significantly oversold status with bullish divergence. Very strong buy volume following the sell off.
This appears to be a solid entry point for continuation.
S/L 21.10
Palantir PLTRLooks good of this low so far. counting 5 wave and expecting some kind of micro top ~30 with possible buying opportunity
not financial advice
Buy PLTR before the close- morning starLooks to me to be a lovely morning star on great volume here on PLTR. Lets keep an eye on things as well close to add to longs on this pull back
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We could see a nice green candle tomorrow if we miss the chance to buy before close today.
Great for a swing trade, if you want to hold something a few days or weeks or longer. Stop loss at the low of today.
$PLTR - A Trade Idea.$PLTR has dropped sharply after disappointed earnings.
Another Trade Idea for the $PLTR.
Did my technicals. Let's watch out How it is going to play today.
No fundamentals still to back it up.
Palantir tech stock analysis -PLTRPalantir tech stock analysis -PLTR NYSE:PLTR
Breakout of a possible trendline. Weakness signal. Wisest option is to hold.
We are in a possible bullish market that has shown a weakness signal meaning that the prices are ready to go down but, because the major trend is bullish it is too risky to go short now (it would mean to invest against the major trend).
To go long again we should wait the breakout upward of the trendline
PLTR LONG D CHART PVSRA - GREAT ACCUMULATION ON VOLUMEThere is a high possibility that PLTR will go up from the 25.06 level in the next few days since there is an accumulation with notable volume.
PLTR (daily)
ATR = 3.48
EP = 25.06
1.5ATR = 5.22
SL = 19.84
TP1 = 28.54
TP2 = 32.02
$PLTR (LONG) - LOOKING TO BOUNCE SOON$PLTR Looks like a solid swing here. Good supports here on these 2 levels. - HH
PLTR LONG 8R - I could be wrong.I bought $PLTR because this daily candle looks like a doji with high volume, which tells me that this could be a bottom.
$PLTR Cathy + WSB = $$$$Video breakdown on the charts going into 2/19 and next week! Sentiment is building and the dip is getting bought! How to play!
UNRIVALLED - Palantir Technologies $PLTR - The Final Alert“We’ve seen this before with other lockups. People sell them leading up to the lockup period expiring, and then they have a bit of a relief rally,” said Ryan Jacob, chief executive of the Jacob Funds, which does not own Facebook shares.
In August, shares of the online reviews website Yelp Inc surged by more than 20 percent on the day that insider trading restrictions expired. That stock’s rally was boosted as short-sellers scrambled to cover their positions when the expected flood of selling failed to materialize, say analysts. - Reuters, on Facebook lockup expiration
At last, the end game has arrived for Palantir.
I have been working on this trade since before my Jan.8 Idea, and now it all comes to fruition!
As of today, lockup expiration is over, and short sellers are hoping that insiders sell, with a 70%+ borrow fee, and no more shares available.
We have seen the massive institutional demand at 25, with 300M volume (4x avg volume), and this floor seems unbreakable.
Cathie Wood herself went on CNBC to speak about Palantir... "Palantir is the future", were her words.
With no more negative catalysts, and the greenlight from the big banks, there is only one direction left for Palantir Technologies.
Palantir is one of a kind... Unrivalled.
PLTR back testing on bullish divergenceWould wait to see how the week closes but looks like a good long setup
PLTR - DOUBLE TOP: LONG --> SHORTWe see a reversal pattern: "Double top". All the main conditions are met (volumes, uptrend, etc.). Now there is a breakdown of the "Neck" level. The theory tells us that after the breakdown of the "Neck" level, there is often a return movement to the "Neck" level, and then a further fall.
Plus, the drop is now at the 20 EMA (near $20), which often acts as a support level. This increases the probability of returning to the "Neck" level.
In this regard, it is advisable to open the Long to the level of the "Neck" (+8%), then turn over to the Short (+10%).
PLTR at support BuyPLTR at cross support here buy and hold.
Good value here way below a rising 200 hma
PLTR Short Term Bear Long Term BullAll of these DPO guys got in at literally like 50 cents. You'd be an idiot to not take at least 5% profit after a run up like this to get a new house in Florida or Monaco. This should really take a beating in a few days although clearly this company is a stellar stellar stellar long term play. Papa Karp and Papa Thiel are G's.
Just sit back and watch this stock for a little, I do not recommend Shorts/Puts unless you are greedy. I will be unloading in PLTR when the opportunity arrives.
RSI majorly oversold!The chart speaks for itself, every time the RSI is oversold, it often laid the foundation for. breakout or immediately after. This shows the blow-off top is coming very soon now! The support levels are 128,126 and the breakout to lead to 10% gains to 143 or go to 140. Warning! I am not a financal adviser and take this with a grain of salt. Happy trading!
