Pltrlong
$PLTR breakout already happening$40~63 PT (3 to 18~24 months)
$PLTR - solid business fundamentals, YES stock price is expensive but lots of solid business deals in the pipeline (with the government - very sticky), $40 SP is fair value relative to what the other crap is happening such as $NKLA (really crap).... and like crap stocks but with good stock technicals such as GME, AMC.... PLTR is a real deal. But of course nothing I stated here was very special - it was all obvious already for a while soured by the fear of interest rates going up. Interest rates going up actually helps PLTR too bc their competitors' borrowing cost goes up and they can eat them up with a bigger warchest. Anyways, love to hear your thoughts and ideas. Peace and thank you for reading.
PLTR at an inflection point. PLTR has tried to break the 27.70 level 2 times and got rejected and it's attempting to try again right now. With the RSI having more room to run and the MACD with a bullish cross on, I think we have a great setup for a break above 27.70 level.
Added 20 $27 calls expiring 1 Oct an hour ago. This is in addition to my LONG position.
P.S This is my first ever idea publish :)
PLTR - UpdateHello traders,
We have already reached our target with a clean 20% profit.
We will wait and see how PLTR will react to this resistance.
*If we get a breakout, we will wait until 30 to decide our way.
** If PLTR failed to breakout we will sold immediately and re-enter in 24-20 levels.
Cheers 🥂.
PLTR breakoutPLTR held up well today while the broader market declined. The RSI is looking bullish, nice trendline support at the moment. PLTR has been in the accumulation stage for a while now but I expect a break outside of the white box in the near future, before the end of the month if I had to guess. With some increased volume, $30 is the next stop. I don't buy into the September slump B.S so I'm loaded up with calls and shares.
READY TO POP? | Palantir could breakout from hereNews has been relatively good for Palantir and could lead to a run. Regardless, we are approaching a pretty strong channel resistance which if not broken could lead to a sell off to $18.
Bullish: We are looking for a small wick out above this channel then a pullback to find support for a week or two, after we will see a strong push up and through that channel bringing us toward $28.20 by the end of October. Overall it's very likely we see Palantir back above $30 by the end of this year.
Bearish: If we respect this channel resistance firmly, we could potentially see a pullback to $18-$20 toward the end of the year (for the last time). If this happens, I will just buy more :)
DCJ | $PLTR
Palantir (PLTR) UpdatesI haven't talked about Palantir since March 2021,
I was certainly expecting better performances, but I am staying absolutely long for the long term.
The reasons why Palantir is a must-have stock are many and will be analyzed more carefully for the private group participants (stay tuned because there will be a special price at the launch), you just need to say that we are talking about one of the real big data giants. We speak of the present but also, indeed above all, of the future.
After the March investment, the price broke the resistance of $ 21 after testing the level twice, but it did not "lose" enough to be able to make another entry that I would have made if the tightening had occurred until the area of $ 12.
After the break in May, the price quickly and strongly resumed the price of $ 21, and then touched the area of $ 27 (corresponding to the 382 Fibonacci level, see chart).
After a foreseeable retracement again in the $ 21 area, a very important level for the future, after the Earnings on August 12, positive with a surprise of 13%, PLTR opened in the Gap and then basically remained stationary on Friday 13.
The uptrend may have started, we are on the "C" leg of the more classic ABCD pattern.
The key level that needs to be broken to the upside for Palantir to be sure to be in an uptrend is $ 27.52.
PLTR is part of my long-term portfolio, in August I don't usually trade with a few-day swing because the volumes are low and the American indices are at all-time highs.
It is reasonable to expect a pull-back in the short term, something will certainly happen when the Fed changes its interest rate policy.
Consequently, the new levels where you can enter or add size to the position are $ 21 and the "new" $ 17 marked in May.
The targets for those who instead moved with short time horizons:
27.52 $
34 $
45 $ (where I too would take home some profit)
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents 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.
PLTR: Good QR! More upside in upcoming weeksTechnically, PLTR is in an uptrend now with registered higher high and higher low.
The good quarterly report today pushed price up to an intermediate resistance. Might see a pullback to close the gap, but that could mean better entry for us.
Target profit 1 set at $27 i.e. next resistance.
Will observe price action again to see if target profit 2 ($31 area) is a good target.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
PLTR set to sling upwards Although I greatly believe in this stock for the long run, I think its best to trade based off of trend. I think it may be a great time to buy due to be close to historical support while also showing indications of continuing to the long side. The squeeze and stupid willy are preemptively suggesting a decent bull run back to 27.
Bullish Signals
-Squeeze indicator
-Stupid Willy
-Rising emas
Support & Resistance
-Support(20.47)
-Resistance(27.32)
Palantir - Long ideaOverview
Looking to take a long on PLTR.
Price went under the support area (lower green line) and reclaimed it. We have also a nice confluence with the 50% Fib level there.
I plan to go long when the support line is hit again.
Target is the upper green line where we also can see a gap.
If Stop- Loss should be hit, i plan to open another long at the 61% Fib with the same target.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
$PLTR - Weekly Swing Trade OpportunityWith PLTR gaining momentum over the past month, it seems primed to make a breakout over the dreaded 27.50 level. If we manage to get above it, we likely run to 30 due to there being little overhead resistance, and tons of buying pressure. A break above 30 leads us into uncharted territory.
This is a relatively simple trade. Above 27.50 leads us up to 30, giving us roughly 10% profits at the end of the day. I'd keep a stop loss set at the 27.50 level after entering a position as we may trade sideways or fall out of the channel if we break trend. Good luck everyone!