PLTR Q3 POST EARNINGS (SWING TRADE) NYSE:PLTR
Hello everyone! So I recently got the time to learn more about PLTR stock and I am quite bullish on this stock. Despite the fantastic Q3 earnings result, this stock has got beaten down >10% and ARK has loaded up more shares with this dip. In this post, I will be going through my technical analysis on PLTR and why I think a bounce will be due soon.
(Disclaimer: I have a long position in this stock)
1) Price is touching the long-term uptrend line drawn since IPO. It has bounced off nicely once previously on 12th May 2021(Marked red circle)
2) Price is touching the lower Bollinger band and too stretched out with the recent sharp dip
3) Price is hovering around the Fibonacci Retracement level of 0.618 which also happens to be near the uptrend line and lower Bollinger band, giving a cross-confirmation
4) Regular Bullish Divergence can also be spotted on both Daily and 4H timeframe, signaling that a bullish move may be due soon
PLTR is a great stock and if the price does continue to fall, I would expect it to find support at around the $20.5 area as drawn (Marked purple rectangle) which a rough downside of -10.1% as compared to a potential upside of 18.4%, hitting the area of resistance where I would expect the price to be met with selling demand (Marked purple rectangle).
Cheers, just my two cents!
Pltrstock
PLTR Stock To Keep In Portfolio!Hello ladies and gentlemen, according to my graphical analysis of PLTR , I recommend for the moment to keep PLTR Stock in your portfolio because there is a great probability of reaching 25$ in the next few weeks .
PLTR Palantir Technologies PLTR what to expect next.PLTR has made a lower high and just closed below the previous higher low indicating a downtrend. on the move to down side if it closes below 20.5 we can expect it to move towards its major support at 17. If it doesn't break the 20.5 area we can expect a move towards 23.05 which may act as resistance if it make a up move
PLTR: Heading to 40+All signs point to up for PLTR. We are in the early stages of wave 3. Nice breakout of the inverse H&S formation on heavy volume.
PLTRMost recent ABC was a bearish correction but it looks like the bulls canceled a retest of that bottom trend line and is now breaking out.
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 🥂.
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 | $PLTR
Palantir is about to break outIf you are trading PLTR, wait for a break out from this rectangular consolidation and take a position accordingly.
PLTR - Possible EntryHello traders,
As you can see in the chart, PLTR is in a support line.
We will add a small position now and we may add again in the red line (20,5 - 21$).
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
$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!
KNOWLEDGE IS POWERFirst analysis on the black crystal ball company. Very bullish long strategy without a doubt. Excellent company based on what information is available to us as far as overall, business practices, products and CEO.
$PLTR BREAKING NEWS (Another Big US GOV Contract!) 5/28Breaking news and technical analysis update on $PLTR. Previous breakdown linked below!
$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!
$PLTR #PLTR #PALANTIR - RocketIn long, this action is a rocket, because its growth is just beginning
PLTR BUY/LONG NOW READY! 16.00 to Potentially 81.50!TICKER CODE: PLTR
Company Name: Palantir Technologies Inc.
Industry: Technology | Software - Infrastructure | USA
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge Pattern Forming
2. Fibonacci Retracement at 0.786 (Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
4. RSI was at OVERSOLD level
The market will more likely than not pullback to 16.00 - 17.00 before another rise up to reach 60.00 and possibly 80.00
Entry: NOW READY (16-20)
1st Partial Take Profit: 59.00 (August - End 2021)
2nd Partial Take Profit: 81.50 (Mid-End 2022)
$PLTR $170 PT?!?! Technical Analysis Breakdown! 5/14Video breakdown on $PLTR after some heavy PT raises. Also Cathy woods with the lead buying finger.
This should be the bottom for PLTR - ATH's ahead. It's at a beautiful FIB retrace, crowd calling for $5, ARK keeps buying it up like candy, I"m pretty sure this is the bottom.
$PLTR Update 5/3 Daily Wedge Bottom. Video update on $PLTR
Still Within the wedge Heading back down to 21.50 and if we break out bullish on earnings we should finish a rounded bottom and can start setting our sights into the $40s
$PLTR $75 Price Target (End of Year) BIG NEWS WITH BWMFull Video breakdown on $PLTR
We just got news that BMW will be working with $PLTR
This contract is big in the sense that 60% of the contracts $PLTR has are with the government.
They also have done this with no commercial sales team or advertising. $PLTR has room to grow into the commercial section as data is just simply apart of our future. They have a lot of room to grow outside government contracts and this could be the catalyst to do so.
$PLTR Big News with BMW! ($75 PT End of Year)We just got news that BMW will be working with $PLTR
This contract is big in the sense that 60% of the contracts $PLTR has are with the government.
They also have done this with no commercial sales team or advertising. $PLTR has room to grow into the commercial section as data is just simply apart of our future. They have alot of room to grow outside government contracts and this could be the catalyst to do so.
THE CHART
-$21.50 currently the support within the wedge we are in. (green trend lines )
-Short interest has fallen substantially in the last 180 days from 10 percent to 4. That means people betting against PLTR are backing off. This is good for a stock coiled up as it is.
-I think this news with good earnings could see buyers coming back to $PLTR as alot of traders were shaken out due to the massive shorts during the WSB debacle
I agree with alot of analyst that data mining is apart of our future. Everything we do practically is data at this point. I am looking forward to more commercial contracts from $PLTR . This deal is impressive seeing as $PLTR has no ads or commercial sales team. So All this is a recipe for some substantial growth.
If liked my video breakdown below! be Sure to check it out. If you dig this content be sure to follow and leave a like! Thank for the support!
$PLTR CATHY BACK AT AGAIN WITH THE 1.4M SHARESVideo breakdown on $PLTR After $ARKK purchased 1.4M shares of $PLTR/
