PLTR: Buy idea: spring effcet on vwapBuy idea on PLTR because as you see on the chart we have a spring effect on vwap and the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks.!
PLTR trade ideas
Volatility Squeeze in PalantirPalantir fell a month ago. Now, after a period of consolidation, some traders may look for the software stock to recover.
The first pattern on today’s chart is the tight volatility squeeze, illustrated by Bollinger Bandwidth in the lower study. Will the narrow price action be followed by a period of expansion?
Second is Tuesday’s last price of $22.10. It was the highest close since May 7, when PLTR dropped after earnings. That may suggest buyers are getting more interested in the name.
Third, a series of higher weekly closes may also reflect bullish sentiment.
Finally, PLTR has hugged its rising 100-day simple moving average since late April. The 8-day exponential moving average (EMA) is also nearing a potential cross above the 21-day EMA. Those patterns may indicate positive trends over the short and longer terms.
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Palantir Technologies, Inc. Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies. The company was founded by Alexander Ceadmon Karp, Peter Andreas Thiel, Stephen Cohen, and Nathan Dale Gettings in 2003 and is headquartered in Denver, CO.
Plantir - Strong buying pressure emerging yesterdayNYSE:PLTR Plantir's year long uptrend remain intact and though the trend between 7 mar 24 to present is looking at a distributive phase, the stock is likely heading for another buying climax with a mid-term target of 30.33. Meanwhile, 17.78 support could be a level of entry as well should there be a pullback.
3 lines to rule them all....Pltr looks ready... it's go time baby
At first glance, it may look as if these horizontals are just casually thrown around, but i assure you these are surgically placed monthly support levels which will be tested.
Green = Support
Red = Resistance
I expect a move to $25 soon
PLTR: Buy ideaBuy idea on PLTR as you see on the chart because we have the breakout with force the resistance line and the vwap by a big green candle follow by a large green volume.!
How PLTR plays out tomorrow (June 3) forcastDisclaimer: This is for study purposes only and does not constitute financial advice. You are responsible for your own trading risks.
1. Overall Trend and Key Indicators
Trend Analysis: The chart shows a 15-minute timeframe. There appears to be an upward trend forming as the price is currently above the moving average lines (red and purple lines) after a previous downward correction.
Volume: The volume is noted in green and appears to be relatively high at 848,002, which may suggest strong interest in the stock at these levels.
2. Support and Resistance Levels
Support: The support level is indicated at around $21.03, as shown by the blue horizontal line labeled "Low."
Resistance: The resistance level is at $22.20, as indicated by the green horizontal line labeled "High." There is also a minor resistance around $21.80.
3. Notable Patterns or Technical Signals
Moving Averages: The chart includes moving averages that the price is trading above, indicating potential bullish momentum.
Candlestick Patterns: Recent candlestick patterns indicate bullishness as there are green candlesticks forming a potential reversal from the previous decline.
Technical Indicators: The MACD (Moving Average Convergence Divergence) at the bottom shows a bullish crossover, indicating potential upward momentum.
4. Bullish or Bearish Outlook
Based on the analysis:
Bullish Indicators: The price is currently above the moving averages, there is a bullish MACD crossover, and the candlestick pattern suggests a reversal from the downtrend.
Bearish Indicators: Any potential bearish signal would arise if the price fails to break above the resistance level at $21.80 or drops below the support at $21.03.
Suggestion for Tomorrow's Trade
Bullish Scenario: If the price breaks above the immediate resistance level of $21.80, it is likely to test the next resistance at $22.20. In this case, consider entering a long position with a target near $22.20 and a stop-loss just below $21.60 to manage risk.
Bearish Scenario: If the price fails to hold above the support at $21.60 and drops below $21.03, it might continue downwards. In this case, consider entering a short position with a target near $20.80 (next potential support) and a stop-loss just above $21.30.
Conclusion
Based on the current chart indicators, PLTR appears to have a bullish setup for tomorrow, provided it breaks above the resistance at $21.80. Monitor these key levels and use the support and resistance to guide your trade decisions. Adjust your strategy based on how the stock performs relative to these levels.
PLTR big bullish move these coming weeks Weekly Chart Monthly chart is showing a strong monthly Break and retest of the Support/Resistance level.
Price has been struggling to push up from July 2023 to Feb 2024. And we see price finally breaking above S/R level with strong bullish momentum. Expected the price to come back down for a quick retest. Currently price is sitting on Support level with Month of May candle being a doji candle. Showing there is no selling pressure nor buying pressure. Waiting for the next big news event.
Going into the Weekly Chart, we can see a clear bullish structure. Price is making HH and HL.
Price has also pulled back correctively into 50-61.8 FIB.
We also have a bullish trendline. The third tap of the trendline usually always gives a strong momentum with the trend.
Confluence --
1. Break and Retest of Strong Monthly S/R
2. Weekly Chart shows bullish impulsive move followed by a corrective move into 50-61.8 FIB
3. Tapping into Strong bullish trendline.
PLTR big bullish move these coming weeks 2-6-2024 forecast Monthly chart is showing a strong monthly Break and retest of the Support/Resistance level.
Price has been struggling to push up from July 2023 to Feb 2024. And we see price finally breaking above S/R level with strong bullish momentum. Expected the price to come back down for a quick retest. Currently price is sitting on Support level with Month of May candle being a doji candle. Showing there is no selling pressure nor buying pressure. Waiting for the next big news event.
Going into the Weekly Chart, we can see a clear bullish structure. Price is making HH and HL.
Price has also pulled back correctively into 50-61.8 FIB.
We also have a bullish trendline. The third tap of the trendline usually always gives a strong momentum with the trend.
Confluence --
1. Break and Retest of Strong Monthly S/R
2. Weekly Chart shows bullish impulsive move followed by a corrective move into 50-61.8 FIB
3. Tapping into Strong bullish trendline.
PLTR: Potential Long PositonNYSE:PLTR
In the chart we can see that
the price may start an uptrend. The price may hit the target price.
PLTR: Buy ideaBuy idea on PLTR as you see on the chart because we have the breakout of the vwap and the resistance line so it's mean that we will have a hight probability to have an uptrend.Thanks!
PLTR and this plan!Palantir Technologies Inc. (ticker symbol: PLTR) is a company that has garnered significant interest from investors. This is due to its strong capabilities in data analytics, particularly in handling big data and providing sophisticated data analysis solutions.
Overview of Palantir Technologies (PLTR)
Founded: 2003
Headquarters: Denver, Colorado, USA
Key Products: Palantir Gotham, Palantir Foundry
Primary Market: Government agencies, large enterprises
Core Focus: Data integration, big data analytics, and artificial intelligence (AI)
Key Features and Strengths
Data Integration and Analysis:
Palantir's platforms are designed to integrate, manage, and analyze large and complex datasets from disparate sources.
This capability is crucial for organizations that need to make data-driven decisions quickly and effectively.
Government Contracts:
Palantir has a significant presence in the government sector, with clients including the U.S. Department of Defense and various intelligence agencies.
These contracts provide a stable and substantial revenue stream for the company.
Commercial Expansion:
Beyond government contracts, Palantir has been expanding its services to commercial enterprises, providing tools to industries such as healthcare, finance, and manufacturing.
Proprietary Platforms:
Palantir Gotham: Primarily used by government agencies for counter-terrorism and defense operations.
Palantir Foundry: Used by commercial clients for data integration and business analytics.
PalentirHi I think is possible buy Palentir, it's a little early but if broke line tendencial is posible a make a Pullback and I add more positions
PLTR needs 1 or 2 more bounces before breaking out of wedgePLTR
Huge wedge forming in PLTR's chart, but it looks like we're going to need one or two more bounces off the bottom of the wedge before we get the huge breakout.
PLRT Breaking $27 ResistancePLTR breaking resistance at $27.50
Already broke down trend and now ready for big move up.
Short term target at $32 (~18% upside)
Personally, I'm holding for the long term.
@PLTR - cup and handle on Weekly chartSeeing a Cup & Handle on weekly on PLTR . should spike soon.
Cheers.
PLTR: Buy ideaOn PLTR as you see on the chart we could have a hight probability to have an uptrend if only if we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume! Thanks!
PLTR Running Outta SteamPLTR seems to be running out of steam. The RSI is in the 43 area and seems to be slowing to the oversold area. VWAP is at 15.28 area and there is a nice gap to fill to the down side. Let's see if it can hold below the 21.15 range to reach the levels below back toward the VWAP range.
PLTRHere is a chart of PLTR. This seems to be a great channel stock. If it drops below 20 then be cautious, however i don't think it will. It seems to be wanting to move higher
SHORT IRON CONDOR TRADE, expiration PRIOR to earnings on 8/5SHORT IRON CONDOR TRADE
Expy before earnings on 8/5.
Buy PLTR $25 Call 7/19
Sell PLTR $24 Call 7/19
--{current share price: $21.12}--
Sell PLTR $18 Put 7/19
Buy PLTR $17 Put 7/19
CREDIT: ~$30
RISK: ~$70
RISK:REWARD: 2.3:1
Short strikes allow for 14% up and down
PLTR: Bears will take control of PLTR if it moves below $20.3PLTR: Bears will take control of PLTR if it moves below $20.3
It seems that the peak for PLTR was already reached at 27.5.
The price has been in free fall since the beginning of March 2024 and is not finding the strength to move above the previous peak.
Accumulation is big in time and a move below 20.3 will push the price further.
We may see PLTR 14 testing again in the coming weeks.
You may find more details in the chart!
Thank you and Good Luck!
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