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PALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INC

PALANTIR TECHNOLOGIES INC

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PLTR trade ideas

Unsustainable FOMO - Go Short at $80Palantir, a current darling of wall street, with impressive customer/revenue growth in their AI analytics platform along with impressive government contracts. It's easy to see why PLTR has been a great trade for 2024, but with a forward PEG ratio of +9 and forward P/E ratio of 236 for fiscal year 2025, no wonder most fundamental analysts are saying stay away... I'd like to go short when the FOMO stops and the tape shows a blow off the top near ~$80/share. Trade short with an initial target of $65 and then $55.
NASDAQ:PLTR
by Audacity618
5
PLTR Elliott Wave Setup: Correction Before the Next Leg Higher?Palantir Technologies (PLTR) is showing signs of completing Wave (3) on the daily timeframe. Here's the setup: 1. Correction Zone: Expecting a Wave (4) retracement into the $56-$62 range (0.382 Fib level). 2. Upside Targets: If the correction holds, Wave (5) targets are $96 and $106 (Fib extensions). 3. Risk Management: Stop-loss placed at $46.40 to manage downside risk if the setup fails. Key levels are drawn, and this could offer a great risk-reward opportunity if Wave (4) aligns with the Fib zone and holds support.
NASDAQ:PLTR
by MrStockWhale
PALANTIR: Bullish Continuation Post-CorrectionPalantir shows strong bullish momentum, with a significant rally followed by a sharp correction. This idea leverages potential support levels and moving averages to project a continuation toward higher targets. Plan Details: - Entry Zone: Anticipate a retracement to the key support zone around $68.50-$70.00, coinciding with recent consolidation and volume nodes (as per the Volume Profile). - Indicators to Monitor: 1. Moving Averages: 20 SMA (orange line) acts as dynamic support near $68.50. 50 SMA (blue line) supports the overall bullish trend. 2. Volume Analysis: A visible increase in buying volume during the previous rally suggests strong demand near $70. Trade Setup: - Entry: Watch for a volume spike and BOS/CHOC during the retest of the support zone. Long Position: Enter near the $68.50-$70.00 range. - Stop Loss: Below $65.66, ensuring protection against a deeper retracement. - Take Profit Levels: First Target: $78.30 (recent high and resistance zone). Second Target: $90.00 (psychological level and long-term resistance). If you follow me, you will receive regular updates on this idea. If you want to learn trading, please see details in my signature.
NASDAQ:PLTRLong
by zito82
PLTR to $80 by EOYPLTR had a great day today, and has had a great month so far following an earnings report that beat estimates. Using the Magic Linear Regression Channel we can see that PLTR broke out of a 2-year long channel at the beginning of the month (November 2024) following it's earnings report. This means that its price structure has a brand new change of character. Using a second Magic Linear Regression Channel , we can create a new channel based on the pivot high prior to earnings and the pivot high prior to today. However, PLTR is also breaking out of that channel. By adding an additional outer Fibonacci band to the new channel, we can see that PLTR has a potential area of interest at around $80 - a 10% move. If the new channel is valid, then this can be the first area where we might see a correction in a bullish scenario. Since PLTR is already at the top of the new channel, it could potentially bounce back from there, but it's already moving up in post-market trading, so, I'm guessing that bearish scenario is less likely. Barring some crazy world events, I'm guessing we can see a steady move to $80 before seeing any kind of major correction.
NASDAQ:PLTRLong
by mwrightinc
PLTR Analysis: Poised for Growth or Due for a Pullback?As of December 8, 2024, Palantir Technologies (PLTR) is trading at $77.50. Here’s a detailed analysis and trading strategy. 1. Fundamental Analysis: Palantir's Growth Story * Forward P/E Ratio: Approximately 44.5, indicating a premium valuation for a company in the growth phase, reflective of investor confidence in its expansion potential. * Expected EPS Growth: A projected 25% 5-year EPS growth, driven by strong demand in AI, data analytics, and government contracts. * Expected Revenue Growth: A robust 22% 5-year CAGR, fueled by an expanding client base and increasing adoption of AI solutions. * Net Margins: 19.2%, showcasing profitability despite its ongoing growth investments and high R&D spending. Fundamental Rating: 8.5/10 Palantir is a high-growth company with strong fundamentals, but its valuation is relatively high, making it more suitable for long-term growth investors who can stomach potential volatility. 2. Technical Analysis: Key Levels and Price Action Support and Resistance Levels: * Immediate Resistance: $80.00 (psychological level and recent trend high). * Key Support: $72.20 (recent breakout level and liquidity zone). * Major Support: $67.24 (previous demand zone, aligns with 50-day EMA). Indicators: * MACD: Bullish momentum is intact, but the histogram suggests slight weakening. * Moving Averages: * 20-day EMA: Positioned at $74.50, providing dynamic support. * 50-day EMA: Positioned at $67.24, acting as a strong long-term support. Liquidity Zones & Order Blocks: * Liquidity Zone: $72 to $74.50, where significant buying activity occurred recently. * Order Block: $67 to $72, highlighting an accumulation zone during previous consolidation. 3. Trading Plan: Playbook for Scalping and Swing Trades Scalping Setup: * Entry: Look for a pullback to $74.50 or a breakout above $78 with volume confirmation. * Target: $79.50 to $80 (short-term resistance). * Stop-Loss: $73.50 (below the recent support level). Swing Trading Setup: * Entry: Accumulate near $72 for a high-reward trade or wait for confirmation of a breakout above $80. * Target: $85 to $90 for medium-term gains. * Stop-Loss: Below $67 to minimize downside risk. 4. Where PLTR Might Be Headed Next Palantir is in a strong uptrend, with bulls firmly in control. However, the stock is nearing overbought conditions on shorter timeframes, which increases the likelihood of a pullback to $72. The broader trend remains bullish, making any dip a potential buying opportunity for swing traders. Watch for a breakout above $80, which could trigger a rapid move toward $85 or higher. Disclaimer This analysis is for informational purposes only and not financial advice. Always do your own research and consult a financial advisor before trading.
NASDAQ:PLTR
by BullBearInsights
1
PLTR: Shorts got absolutely obliterated It's been an unbelievable ride. Since beginning investing in Palantir back in 2020 I would have never imagined getting to this price point so soon, partly because theres no justification for it. However, I also didn't expect the AI sentiment would have gotten so strong so quickly. We can thank NASDAQ:NVDA for that I suspect. Based on Fibonacci extensions from Wave 1, we have gone far beyond typical extensions. The very last extension available on the tool is the 476% extension. In terms of price this means a target of $80-85. I don't know if we'll reach it, or if it will even be the top of Wave 3 I do know that this is still JUST Wave 3 of the 12345 impulse wave. Needless to say, we're just getting started. Wave 4 of an impulse move is typically the opposite of wave 2. In this case wave 2 was long and complex. Wave 4 should at least be less complex, and more uniform in its corrective move. Invest for the future!
NASDAQ:PLTRLong
by HassiOnTheMoon
1
PLTR Ascending Momentum: Dec. 6, 2024PLTR is trending higher, respecting an ascending channel. With recent bullish momentum and clear structural levels, this stock presents excellent opportunities for traders looking for scalping setups or longer swing trades. Here’s the detailed breakdown and playbook for today's session. Market Structure Overview: * Trend: PLTR is maintaining an uptrend, trading within a well-defined ascending channel. * Current Price Action: Consolidating near $72, with potential to test resistance or retest key supports. Key Levels to Watch: * Resistance: * $72.98: Immediate resistance from the upper channel line. * $77.79: Key upside target if bullish momentum accelerates. * Support: * $67.30: Strong horizontal support and mid-channel level. * $59.96: Major support near the channel base and a strong demand zone. Liquidity Zones & Order Blocks: * Liquidity Zones: * Price may seek liquidity below $67.30 if the support is tested. * Order Blocks: * Bullish OB: $67.30-$70 zone, aligning with previous breakout support. * Bearish OB: Near $73-$75, potential supply zone from prior rejections. MACD & Volume Analysis: * MACD: Momentum remains bullish, but the histogram is flattening, indicating slowing momentum. Watch for a bearish cross for signs of a pullback. * Volume: Recent bullish candles show decent volume, supporting upward momentum. Declining volume in the consolidation phase suggests a potential breakout or breakdown is imminent. Scalping Strategy: * Entry: * Look for quick scalps at $70-$71 if the price retests support and holds. * Short scalps near $73 if price shows rejection. * Exit: * For longs, target $72-$73. * For shorts, target $70-$69. * Stop-Loss: * Longs: Below $69.50. * Shorts: Above $73.50. Swing Trading Strategy: * Bullish Play: * Enter near $67-$68 support zone with bullish confirmation. Target $73, then $77 for swing plays. * Bearish Play: * If price fails to break above $73 convincingly, short with a target of $67-$68. * Stop-Loss: * For longs, set below $67. * For shorts, above $74. Game Plan for PLTR Trading: 1. Pre-Market Prep: * Mark $73 as resistance and $67 as key support. * Watch for macro news or sector-related updates that could influence PLTR. 2. Market Open Strategy: * Wait for 15 minutes to gauge initial direction. * Look for scalping opportunities at key levels. 3. Intraday Execution: * Use the ascending channel as a guide for entries and exits. * Avoid chasing the price near resistance without confirmation. 4. End of Day: * Close intraday positions and assess swing trades for holding overnight. Likely Direction: * Bullish Scenario: A breakout above $73 could push PLTR toward $77 or higher. * Bearish Scenario: Failure to sustain $70-$71 may lead to a pullback to $67 or even $60. Disclaimer:
This analysis is for educational purposes only and is not financial advice. Always perform your own research and trade responsibly.
NASDAQ:PLTR
by BullBearInsights
PLTR: Decoding the Next Move! Scalping & Swing Trade Plan Dec. 5Technical Analysis & Price Action * Trend Overview: PLTR has shown volatility with a sharp drop from $72.20 and a quick recovery to the $70 zone, currently consolidating around $69.69. This indicates indecision with potential for a breakout or further correction. * Support Levels: * $67.28: Immediate support from previous consolidation. * $65.65: Strong support aligning with a prior liquidity zone. * $64.24: Critical support, marking a potential bearish breakdown. * Resistance Levels: * $71.31: Immediate resistance; a break above here could target $72.20 and beyond. * $72.20: Key resistance; breaking this level on volume could lead to a bullish rally toward $74. Liquidity Zones & Order Blocks * Liquidity Zone: $67–$68, where significant volume accumulation occurred during recovery. * Order Block: $69.50–$70.50; a breakout from this range could determine the next directional move. Scalping Playbook 1. Bullish Setup: * Entry: Above $71.31 with volume confirmation. * Target: $72.20 (partial) and $74. * Stop Loss: Below $70. 2. Bearish Setup: * Entry: Below $67.28 with a break on heavy volume. * Target: $65.65 (partial) and $64.24. * Stop Loss: Above $68. Swing Trade Strategy 1. Bullish Swing: * Entry: If PLTR closes above $72.20 with strong volume. * Target: $74 (short-term) and $76 (medium-term). * Stop Loss: $70. 2. Bearish Swing: * Entry: A break below $65.65 with volume. * Target: $64 and possibly $62. * Stop Loss: $67. Thoughts & Projections * PLTR’s current price action shows potential for a breakout above $71.31 if the bulls maintain momentum. However, failure to hold $67.28 could lead to a bearish reversal. * The MACD on lower timeframes is curling slightly bearish, indicating caution. Monitor volume closely for confirmation of either direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and manage risks responsibly.
NASDAQ:PLTR
by BullBearInsights
PLTR Hits Fresh Highs: Momentum Play or Pullback Ahead? Dec. 4, PLTR has shown impressive strength today, breaking through key resistance levels with high volume. Here’s a trading plan to capitalize on its momentum or prepare for potential pullbacks. 1️⃣ Price Action & Chart Analysis * Trend Overview: PLTR is in a strong uptrend, pushing above $71.50, a key resistance level. * Key Levels: * Resistance: $71.54 (current high), $73.00 (next target). * Support: $69.50 (recent breakout zone), $67.86 (previous support). PLTR is trading at an elevated level, so managing risk is crucial for new positions. 2️⃣ Liquidity Zones & Order Blocks * Liquidity Zone: Watch for activity around $70.50–$71.50, where consolidation may occur before another move higher. * Order Block: Significant demand zone identified near $67.50–$68.50 from recent accumulation. 3️⃣ Scalping Strategy For quick intraday opportunities: * Entry (Breakout): Buy above $71.60 if volume supports the move. Target $72.50–$73.00 for a quick scalp. * Stop-Loss: Below $71 to minimize downside risk. * Rejection Play: If $71.50 holds as resistance, consider a short trade targeting $70. 4️⃣ Swing Trade Strategy For longer-term positions: * Entry Option 1: Buy on a confirmed breakout above $71.50. * Entry Option 2: Wait for a pullback to $69–$70 for a better risk-reward setup. * Targets: * Initial Target: $73.50 * Extended Target: $75.00 * Stop-Loss: Below $67.50 for a conservative approach. 5️⃣ Momentum & Indicators * MACD: Positive momentum confirms bullish sentiment with no signs of reversal yet. * Volume: Increasing volume supports the breakout, signaling strong interest from bulls. Game Plan for Tomorrow * Scenario 1: If PLTR sustains above $71.50, expect a continuation toward $73 or higher. * Scenario 2: Failure to hold $71.50 could lead to consolidation or a pullback to $70. Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research and due diligence before making any trades.
NASDAQ:PLTR
by BullBearInsights
12/3/24 - $pltr - the "are you retarded" test.i'm short again. and opened it in size. let's see if it works out... again. got lucky last time. but this time, it seems more obvious. "we work with the government" pop.. lol "we integrate with AWS" mid day pop.. lol get your baby oil out. vigilante time. V PS - trading view removed my other posts b/c they were under the NYSE listing so you can find them there. of course the stonk got a pump on that too. anyway. may the biggest balls win again.
NASDAQ:PLTRShort
by VROCKSTAR
6
PLTR Analysis: Scalping and Swing Trade Playbook for Dec. 3PLTR is trading in a range, presenting opportunities for both scalping and swing trading. This analysis outlines actionable strategies, key support/resistance levels, and projected price movements for traders looking to capitalize on PLTR’s next move. Technical Analysis and Price Action 1. Trend Overview:
PLTR has been consolidating near its highs after a strong run-up. The MACD shows neutral momentum, and the price is approaching key trendline support, indicating potential breakout or breakdown scenarios. 2. Key Support & Resistance Zones: * Support Levels: * Primary: $65.28 (trendline support). * Secondary: $64.24 (strong horizontal support zone). * Resistance Levels: * Immediate: $67.88 (recent high and breakout level). * Strong Resistance: $69.00 (psychological level and long-term target). 3. Liquidity Zones and Order Blocks: * Buyer activity is strong at $65.28, suggesting a demand zone. * Sellers are concentrated near $67.88, creating a critical supply zone. Game Plan and Playbook Scalping Strategy * Entry: Long above $67.88 with confirmation of volume and strength. * Target 1: $68.50. * Target 2: $69.00. * Stop Loss: $67.30 (below breakout level). * Alternative Play: Short at $67.88 if rejection occurs, targeting $65.28. Swing Trading Strategy * Bullish Setup: * Entry: Bounce from $65.28 with bullish candlestick patterns. * Target 1: $68.50. * Target 2: $70.00 (if breakout sustains). * Stop Loss: $63.50 (below trendline). * Bearish Setup: * Entry: Breakdown below $64.24 with strong bearish volume. * Target 1: $62.50. * Target 2: $60.00 (major support zone). * Stop Loss: $65.00. Projection: Where PLTR Could Head Next PLTR is at a pivotal point. If it breaks above $67.88, it may continue to test $69.00 or higher. A failure to hold above this level could lead to a retest of $65.28 or lower. Watch for volume spikes to confirm the next directional move. Key Indicators to Watch * MACD: Neutral, awaiting a crossover for directional clarity. * RSI: Currently balanced, leaving room for upward or downward movement. * Volume: Essential for validating breakout or breakdown. My Thoughts and Suggestions PLTR’s current price action suggests a breakout or breakdown is imminent. Scalpers should focus on high-probability trades near the support and resistance zones, while swing traders should wait for clear confirmation before entering trades. Patience and discipline are key to navigating this consolidation phase. Conclusion Palantir is primed for a potential move as it consolidates near its highs. By adhering to a structured plan and focusing on key levels, traders can maximize their risk-reward ratios. Disclaimer This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and trade responsibly.
NASDAQ:PLTR
by BullBearInsights
A compelling long position opportunity in PLTR next weekRecent Performance: Palantir Technologies (PLTR) has demonstrated impressive market activity, boasting a remarkable 52% stock increase since early August, with the current price sitting at $67.18. The stock is holding strong support around the $65 level while challenging resistance near $68, indicating positive momentum that has caught the eye of both long-term investors and short-term traders. - Key Insights: Investor optimism is fueled by recent analyst upgrades and price target increases, with $75 being the new target from Wedbush. The strong foothold in the AI sector and defense industry, coupled with anticipation of the NASDAQ listing, positions PLTR favorably for further gains. The stock's ability to maintain key support levels enhances bullish sentiment. - Expert Analysis: Market sentiment towards PLTR is overwhelmingly positive, bolstered by CEO Alex Karp's bold growth projections and a 30% year-over- year revenue increase. Experts agree that the company's inclusion in the S&P 500 amplifies its credibility and attractiveness to institutional investors, with many eyeing a possible climb toward $70 in the near term. - Price Targets: Next week targets based on thorough analysis suggest T1 at $70 and T2 at $73. For stop levels, S1 should be set at $65.50 and S2 at $64. This positioning reflects a balanced approach to managing risk while taking advantage of the stock's upward momentum. - News Impact: Significant events, including Palantir's recent S&P 500 inclusion and robust revenue growth, have solidified its market position and validated its business model. These developments are crucial in shaping the current bullish outlook on PLTR, underscoring its appeal as a strong investment choice in the tech sector.
NASDAQ:PLTRLong
by CrowdWisdomTrading