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GEX Analysis for PLTR-Dec. 13, 2024Current Price: $73.71
 IVR: 61.7
 IVx Average: 73.6
 Options Sentiment: Bullish with 78.3% in Calls. Key Levels: Resistance: * $75.00: Highest Positive NETGEX (Key breakout level). * $76.00: 2nd CALL Wall. * $77.00 - $80.00: Extended resistance zones (watch for potential rejections). Support: * $73.00: 3rd CALL Wall (Key support level for bulls to hold). * $72.00: High Volume Level (HVL) and 1DTE PUT Wall. * $68.00: GEX10 Level, stronger downside support. Sentiment & Projection: * PLTR is showing strong bullish options sentiment. * A breakout above $75.00 could drive prices to $76.00 or higher. * Failure to hold $73.00 could see a pullback toward $72.00, and further bearish momentum may test $68.00. Trading Strategies: Bullish: * Entry Above: $74.00 (Confirmation of breakout). * Target: $75.00, $76.00. * Stop Loss: $73.00. Bearish: * Entry Below: $73.00. * Target: $72.00, $70.00. * Stop Loss: $74.00. Reminder: Always verify IVR and IVx for real-time updates before entering trades. Adjust setups accordingly for the latest market conditions. Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
NASDAQ:PLTRLong
by BullBearInsights
PLTR Price Levels & Options Strategy: Game Plan for Dec. 12Overview of GEX Levels Resistance Levels: $75: 2nd Call Wall and a key resistance area where sellers may dominate. $73: GEX10 zone, offering intermediate resistance to monitor. $80: Call resistance level, marking a strong cap for upside moves. Support Levels: $70: HVL (Highest Volume Level), acting as a critical support level. Staying above this level keeps the bullish structure intact. $68: GEX8, another notable support where buying interest may appear. $66: Highest negative NETGEX, representing strong downside protection and a potential floor for the price. Options Oscillator Insights IVR (Implied Volatility Rank): 60.5. Elevated IVR suggests a favorable environment for selling options, as implied volatility is higher than average. IVx Avg: 72.8. Current implied volatility is above the norm, making strategies like credit spreads or iron condors appealing. Call$/Put$ Ratio: 71.4% tilted toward calls. Indicates bullish sentiment, with traders expecting upward movement or protection against missed upside. Technical Setup PLTR is consolidating between $70 and $75. A breakout above $75 could propel the stock toward $80, while a breakdown below $70 may test $68 or even $66. Traders should focus on price action at these levels to confirm direction. Options Trading Strategy: Bullish Play: Buy PLTR Dec 15, 2024, $75 Calls if price breaks and holds above $75. Target: $80; Stop: $72. Neutral Play: Sell PLTR Dec 15, 2024, $75 Calls and buy $78 Calls (credit spread) if price consolidates below $75. This takes advantage of elevated IVR. Bearish Play: Buy PLTR Dec 15, 2024, $70 Puts if price falls below $70 with increased volume. Target: $68; Stop: $72. ***Reminder: Always check the real-time IVR and IVx during the trading session before entering a trade. These levels provide dynamic updates that enhance decision-making accuracy. Conclusion PLTR is showing signs of consolidation, with $70 and $75 acting as pivotal levels for the next move. Elevated IVR suggests profitable opportunities for options traders, especially with strategies aligned to the direction of the breakout or breakdown. Monitor GEX and Oscillator levels closely for confirmation. Disclaimer: This analysis is for educational purposes only.
NASDAQ:PLTR
by BullBearInsights
PLTR: Navigating Gamma Levels for Next Moves – Key Insights!Gamma Exposure (GEX) Levels and Price Action: 1. Key Levels Identified: * Highest Positive NETGEX (Call Resistance): $80 * This is the most significant resistance level where price may struggle to break due to gamma positioning. * 2nd Call Wall: $75 * A critical intermediate resistance level that will act as a test for bullish momentum. * HVL (Hedging Volatility Level): $69 * This level serves as a potential support where hedging activities may stabilize the price. * PUT Walls: * 1st PUT Wall: $67 * Immediate support with substantial gamma activity suggesting strong buyer presence. * 3rd PUT Wall: $62 * A deeper support zone where significant buying interest is likely if the price falls sharply. 2. Price Action: * PLTR is currently trading around $71.35, near the HVL level. Consolidation around this area indicates gamma-driven hedging activities are influencing price stability. Technical Indicators Analysis: 1. MACD: * Slight bearish momentum with a negative crossover. If this trend continues, it may push the price toward the $69-$67 range. 2. Stochastic RSI: * Near oversold territory, signaling a possible bounce or consolidation around the HVL level ($69). 3. Trendlines: * A descending trendline aligns with recent price action, suggesting resistance around the $75 level. Options Strategy Plan: 1. Bullish Scenario: * If PLTR holds $69 and pushes above $75: * Call Option Entry: Strike price at $80, expiration 1-2 weeks. * Target: $80 (next resistance level). * Stop-Loss: $68. 2. Bearish Scenario: * If PLTR breaks below $69: * Put Option Entry: Strike price at $67, expiration 1-2 weeks. * Target: $62 (next support level). * Stop-Loss: $71. 3. Neutral Strategy: * If PLTR consolidates between $69 and $75: * Iron Condor Strategy: * Sell a call at $80 and a put at $67. * Buy a call at $85 and a put at $62 to cap risk. Recommendation for Expiration Date: * Short-Term Expiry (1-2 weeks): Optimal for quick movements around the identified gamma levels. * Mid-Term Expiry (3-4 weeks): Provides flexibility if price action takes time to react to gamma positioning. Summary of Gamma Insights: * The $75 level serves as an intermediate resistance and a potential breakout point. * The $69 HVL is a strong support, providing a buffer against downside momentum. * A break below $69 could lead to a retest of $67, while sustained momentum above $75 could aim for $80. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct thorough research and consider risks before trading.
NASDAQ:PLTR
by BullBearInsights
3
PLTR: Post-Drop Analysis – Rebound or Further Decline? Dec. 101. Fundamental Analysis * Forward P/E Ratio: PLTR's forward P/E ratio stands at 43.5, reflecting a premium valuation relative to peers in the AI and data analytics sector. This indicates that investors are optimistic about future growth prospects. * Expected EPS Growth: The company is expected to deliver an EPS growth rate of 32% YoY, driven by increased demand for its AI-driven analytics solutions. * Expected Revenue Growth: Revenue growth is projected at 24% annually, highlighting strong adoption in both government and commercial sectors. * Net Margins: Current net margins of 23% signal the company's ability to maintain profitability even while scaling operations. * Fundamentals Rating: 8/10 * PLTR's robust growth trajectory and profitability make it a solid player in the technology sector. However, its high valuation could deter conservative investors. 2. Technical Analysis Price Action Breakdown: * Opening Action: PLTR opened lower today, following a sharp drop in the prior session after testing $82.70, a key resistance level. * Support and Resistance Levels: * Resistance: $73.50, with $82.70 as the major psychological barrier. * Support: $67.32, followed by $64. * Trendlines: * PLTR is maintaining an upward channel, but the drop today tested the lower trendline of the channel. Indicators: * MACD: MACD is showing bearish momentum with a recent crossover below the signal line. However, the histogram suggests weakening bearish momentum. * Moving Averages: * The price is hovering near the 50-period MA, acting as support. * A break below the 50-period MA could trigger further downside. Liquidity Zones and Order Blocks: * Liquidity Zone: Significant accumulation is seen between $67 and $72, with buying interest evident at these levels. Scenarios: 1. Bullish Scenario: * If PLTR holds above $72 and breaks above $73.50, it may retest $82.70, the prior high. 2. Bearish Scenario: * A break below $67 could lead to further downside toward $64 or lower. 3. Trading Plan Scalping Strategy: * Entry Points: * Long: Above $73.50 with targets at $75 and $77. * Short: Below $72 with a target of $67. * Stop Loss: * Place stop-loss levels $1 above or below entry points. Swing Trading Strategy: * Bullish Outlook: Accumulate near $67-$72 if the stock holds above the trendline. Target $77 and $82. * Bearish Outlook: If PLTR closes below $67, wait for further confirmation to short with a target of $64. Risk Management: * Use a 1:3 risk-reward ratio. * Monitor volume and trendline support closely. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always perform your due diligence before making trading decisions.
NASDAQ:PLTR
by BullBearInsights
Palantir UpdateI have been going over this chart for a while now. Looking at the most recent price action, and the MACD, I have decided to alter my count slightly. It doesn't change any targets, but I believe this more accurately reflects the structure. I moved the wave (iii) & (iv) higher suggesting that the wave (iii) extended slightly. I primarily did this due to the MACD reading, and the strength we saw from 4-11 November. As mentioned above, this does not change any targets. Looking at the recent price action, you can see price came $0.04 cents shy of the yellow $2.236 and then got rejected hard. We still cannot say with any kind of certainty that a top is in though. I wouldn't be surprised in the slightest if it was. The reality of the matter is, though, no key levels have been broken. Until price can get below $58.85, the upside is still intact. Thats almost a $15 correction from current levels. We do have more neg div as you can see on the MACD at the bottom, which is a start. We need this downward bias to continue though. Should price continue higher, I believe it will tag the 1.382 @ $94.03 or at least come very close. If the top is in, we would ideally be headed for the $43 region next, for the completion of wave 4.
NASDAQ:PLTR
by TSuth
1
$45 is the new baselineExpectations are that PLTR will hit near $80 before taking a pause in its meteoric rise. It decisively went through the 1.618 fib and wants to reach the 1.886 fib projection. The cup formation has create a new bottom at $45. Institutional traders and market makers will be hard pressed to drive it below this new baseline. If they do, then unless the fundamentals of what PLTR provides as a service, changes, then anything below $45 is a back-up-the truck moment to buy. Right now this dramatic price action is because of the one-time inclusion into NASDAQ, which means funds and etfs need to buy it. Also institutions need to buy it to, to mirror whatever indices they follow. PLTR = efficiency Trump and Co. will be looking to optimize every federal gov agency and department. That's what PLTR does, and the federal government has deep pockets to buy what PLTR pedals. They've proven themselves in the military space already, and are now applying that commercially. Same basic tech, but rebranded. Throw in a bit of "AI" buzzword into the sales pitch and high level management everywhere will think this is the cat's meow in terms of offering a competitive advantage. Basically, the perfect storm for incredible growth at least for the next 18 months. Will hold and re-evaluate once we hit $80.
NASDAQ:PLTRLong
by ep7
1
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