Harmonic Shark Pattern and Palantir's Stock CorrectionBased on harmonic analysis, specifically the Shark pattern, the price of Palantir (PLTR) stock may face a potential decline from the $129 mark.
This projection hinges on the identification of a completed Shark pattern, indicating a possible reversal zone.
Within this framework, the Fibonacci ratios of 0.88 and 1.138 are critical levels to observe.
The 0.88 retracement level suggests a potential area for a first retest and possible bounce, while the 1.138 level represents the pattern's leading edge, indicating a possible reversal point after a more significant extension.
PLTR trade ideas
Good PalantirianNoticed recently there is very few NASDAQ:PLTR stock for sale on the market. As a good and kind trader I decide to borrow ad sell couple of NASDAQ:PLTR like a good move to provide liquidity to the market and help other traders to obtain so passionately desired Palantir stock.
Dear Palatirians pls don't get me wrong. I'm not betraying our faith, just need to step back for a while
Palantir Goes to Repeat Tycoon Buffett Early 1990s AchievementSomewhere in another Galaxy, in late December, 2024 (yet before The Second Coming of Trump), @TradingView asked at it awesome Giveaway: Happy Holidays & Merry Christmas.
1️⃣ What was your best trade this year?
2️⃣ What is your trading goal for 2025?
Here's what we answered:
1️⃣ What was your best trade this year?
- Surely Palantir NASDAQ:PLTR 💖
I followed Palantir all the year since January, 2024, from $16 per share, watch here .
Current result is 5X, to $80 per share.
Also I added more Palantir after SP500 Index inclusion in September 2024 watch here .
Current result is 2.6X, from $30 to $80 per share.
2️⃣ What is your trading goal for 2025?
- Once again, surely Palantir NASDAQ:PLTR 💖
It's gone 4 months or so... (Duh..? Ahaha.. 4 months, really? 😸😸😸)
Let see what's happened next at the main graph PLTR/SPX
First of all, let me explain in a few words what does this graph mean.
Rising (Blue) candle means Palantir NASDAQ:PLTR monthly return is better vs SPX
Falling (Red) candle means Palantir NASDAQ:PLTR monthly return is worse vs SPX
Conclusion
Palantir. The stock that outperformed S&P 500 Index, 11 consecutive months in a row.
Palantir. The stock that printed 11x since inception. 5.5x over the past twelve month and 1.5x in the year 2025 (the best one result so far over the all S&P 500 Index components).
Palantir. The stock that goes to repeat Tycoon Buffett achievement early 1990s (in 1992-93 Berkshire Hathway outperformed S&P 500 Index for a straight TWELVE MONTHS.
Palantir. Were we right with this stock on contest and won it? Exactly! Even though our prize has been toadly strangled. 🤭
--
Best wishes,
Your Beloved @PandorraResearch Team 😎
PalantirPalantir has continued to push higher, but if you look at MACD, it is running into resistance. Also, it is within the white target box for an impulsive wave, and has officially hit the yellow 1.0 if it is to be an abc pattern for the (a) of minor B. Due to the impulsive looking structure it seems to be turning into, and the duration/level of this move higher, I am officially making the bullish count my primary. That being said, the yellow count can still play out, but given the current price action and time duration, I find the white count most plausible.
We're due for a consolidation lower regardless of what count comes to fruition. Both patterns point to an abc move next to the $80 area if it is to be standard. The part that comes after that is what will answer the question of which count is correct. Once we get that move lower, if it is in the form of an abc, I will try to enter into a long position around the 0.618 retracement fib. That will be the least risky place to enter.
If the white count is what is playing out, then a minor wave 3 will come after the consolidation lower. If the yellow count is to play out, then it will be a minor C wave that takes us to the $120's. Either way you look at it, I am forecasting price to move significantly higher after our next move lower.
Let me know if any questions linger. I have added an orange label above the white box to signify we can still very easily get another high for minor wave 1. Once we do have a top in, I will add some retracement fibs to track the move lower.
$PLTR Update: New Long Entry at $82 in a Strong Uptrend!Palantir Technologies Inc. ( NASDAQ:PLTR ) continues its “Strong Uptrend” on a 1-week chart. 📈 We bought at $21.84 and sold at $121.81 previously. Now at $114.65, we’ve entered a new long position at $82. The Trend Score is 8/8, but a short-term projected price of $123.2 ( -9.1% ) and bearish MACD suggest a potential pullback.
How to Trade This Setup:
• Monitor the Trend: The uptrend is strong with high volume, but bearish signals indicate caution—watch for momentum shifts.
• Set Targets: Resistance 1 at $137.66 is a target; Support 1 at $75.65 is key if a pullback happens.
• Adjust Risk: With bearish MACD, consider tightening stops or taking partial profits from $82.
What’s your next move on NASDAQ:PLTR ? Let’s discuss in the comments! 💡 #Trading #PLTR #Analysis
ExhaustedThe long red candle indicates an overbought market. Despite the good economic results no new highs could be reached and the week showed beginning profit taking. Most of the market participiants are long and convonced of the good results. They are right and many of them are sitting on good profits. The more profit taking will come in here they will be thinking of taking an increasing part of their profit.
f this is true the chart picture will show a double top and a beginning bear market in the shorter time frame.
Somebody is cleaning house.The key to whether this happens will be in the rapid pace at which shorts take hold here. Talk about narrative, I can't imagine what stories we will be told while they continue the SWEEP all the way down to $61.00. You might not fall for the narrative they try to sell you on, but $61.00 will be a hard pill to swallow if you're just picking up shares now, to say the least.
Now they may SWEEP the high liquidity again before they hit the lows, but I would almost guarantee you that is the next target.
PLTR: Trade Short 1hr TF.After a strong rally into the premium supply zone (~$125), NASDAQ:PLTR has begun a structural breakdown, failing to hold above $112. Recent rejection from the 0.886 fib level and the cluster of bearish volume signals a possible shift from accumulation to distribution.
🔻 Smart Money Concepts (SMC) Breakdown
BOS and CHoCH confirmed near highs
Price failed to maintain above $112.59 (0.786 fib), now testing $106.33 as support
Liquidity void between $100–$88 with minimal volume support
🧠 WaverVanir DSS (LSTM Forecast Model)
15-Day Prediction: $38.25
30-Day Prediction: $36.01
Projected 65.4% downside from current levels
Model trained with sentiment score = 80 and updated price action
🎯 Bearish Trade Idea
Entry: $110–$112 (retest zone)
TP1: $100
TP2: $88.70 (volume node)
TP3: $38.25 (DSS LSTM target)
Stop Loss: Above $125.50
📉 Volume profile confirms strong resistance overhead, with a price inefficiency below. If $100 breaks, capitulation is likely.
Potential Breakout in PalantirPalantir Technologies has been consolidating as the broader market struggled, and some traders may look for its uptrend to continue.
The first pattern on today’s chart is the February 24 high of $99.01. PLTR peaked near that level in late March and again last week. However the stock cleared the resistance yesterday, which may signal a breakout.
Second, prices consolidated at the 50-day simple moving average but have now escaped from it. Is the intermediate-term trend getting more bullish?
Third, the 8-day exponential moving average (EMA) is above the 21-day EMA. MACD is also rising. Those patterns may reflect bullish short-term momentum.
Finally, the software company is a highly active underlier in the options market, averaging more than 700,000 contracts per session in the last month. (It ranks in the top five of the S&P 500, according to TradeStation data.) That could help traders take positions with calls and puts.
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$PLTR Trade: Buy $90.86 , Target $101.35Beep Beep. Hope everyone is taking care of their trading accounts during this volatile phase in the markets. I noticed an identical setup on the weekly from back in August 24' and I'm looking to take advantage. We have a trend reversal on the Tom Demark sequential that helps identify trend exhaustion through a 9 Count. Currently on a 2 Count, we're testing the gap while simultaneously testing the 10WMA at 90.86.There is also a weekly gap at 101.35 ... Entry would be the 10WMA. Target the weekly Gap. Trade is as follows:
Trade Idea - Swing NASDAQ:PLTR $95 Calls 4/25
Entry - 10 WMA @ $90.86
Target - Gap on Weekly at $101.35
$PLTR 50%+ decline ahead, $39-56 targetNASDAQ:PLTR looks like it's topping here and that it has a long road to the bottom.
If we continue to reject at this resistance, then it's likely that we'll at least see the $56 target on the downside, but I think the $44 target is the most likely area to see a bounce.
Bulls should enjoy a 50%+ drop from here. You've been warned.
PLTR: Won't be surprised by a 30-40% dipPLTR has been on a rip, but not without periodical 20-30% dips along the way. The way MACD is extended, it will not be surprising to see a somewhat meaningful pullback to start the wave 4 correction. Wave 2 was around 30% and lasted around a couple of months. Wave 4 can be quick and deep or can be a triangle that will take some time to resolve. Either way, I will be looking for $100 - $80 for support.
PLTR: Is the fifth wave underway?If we see a higher high on PLTR above today's high at $98.29, then this might confirm wave 1 of 5 of Intermediate wave 5. Some bullish divergences should propel price a bit higher to confirm the price action. Wave 2 should create an inverted head and shoulder look as a classic pattern. PLTR creates strong wave 3 price action and shallower wave 5. So, I will be expecting wave 5 to make it to at least 1.764 fib extension of Intermediate waves 1 and 2, which takes things to around $160. Depending on how far wave 2 goes, we can set some targets at a later time. I am off loading my positions from $75. Hoping to rid of everything close to $100. Will be reloading during the wave 2 retracement for the final push up. If by any chance Intermediate wave 4 extends, then things might get a bit complicated. Not getting another higher high now and correction back down to $86 would be a very good indication of that. Until then will be playing one leg at a time...
PLTR Setting Up for Breakout? Here's What the Options and Structure Say 🔍
Options GEX Analysis :
PLTR is pushing into the upper gamma territory with strong CALL-dominant GEX. The highest positive NETGEX aligns with the $100-$101 zone, marking it as a likely magnet if momentum continues. IVR is high at 72.3, and calls are outpacing puts at 35.7%, signaling a market leaning bullishly in sentiment.
* Gamma Wall (Resistance): $100 – $105
* Support Zone: $90 (HVL), reinforced by light put walls below
* Bias: Bullish continuation
* Option Strategy:
Consider bullish debit spreads (e.g., Buy 97.5C / Sell 102.5C) targeting breakout extension into the 100–102.5 zone. Risk-defined and well-aligned with GEX magnet levels.
Technical Trade Plan :
PLTR just printed a clear CHoCH with bullish follow-through, riding on SMC bias across all timeframes. Volume is growing, price is trending cleanly with bullish structure, and strength meter shows 4/5 bullish.
* Entry Bias: Break and hold above 95.5 = valid continuation setup
* Target 1: 102.72
* Target 2: 107.58
* Stop: 93
* Trade Suggestion:
If PLTR holds above 95.52, ride the momentum. Await minor retest for safer entry. Trail stops aggressively once 100 is in sight — expect a reaction at that GEX wall.
My Thoughts:
PLTR is showing one of the cleaner setups into this week. The bullish GEX structure gives it room to squeeze, and the SMC breakout confirms directional intent. What I love here is the synergy — the chart structure (CHoCH → BOS) lines up with the gamma roadmap. The risk is well-contained below 93, with room for a $10 move above current levels. I personally like using vertical debit spreads here due to the IV and defined risk setup.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.