$PLTR - As I said: On a warpath to $100!NASDAQ:PLTR
Up 5% since I posted the original setup! 😉
$85 inbound!! 🎯
Not financial advice
PTX trade ideas
What Palantir’s Charts Say Heading Into Monday’s EarningsPalantir Technologies NASDAQ:PLTR had a heck of a year in 2024, running 340% to the upside and joining both the S&P 500 and Nasdaq 100. What does technical and fundamental analysis say about PLTR as the counterterrorism-software maker prepares to report earnings next Monday (Feb. 3) after the bell?
Let’s check it out:
Palantir’s Fundamental Analysis
Palantir has become one of the leading purveyors of big-data infused, AI-accelerated software that has made it a reliable partner for the U.S. government across many fronts. It also counts a growing number of commercial interests as customers as well.
The stock is up another 7.4% year to date as of Thursday’s close. That’s not exactly keeping up with some other cybersecurity stocks, but is beating both the S&P 500 and the Nasdaq Composite.
Will Palantir suffer if Chinese AI start-up DeepSeek has found a less-expensive way to put together a large-language model?
Well, PLTR has been volatile this week as DeepSeek’s emergence roiled Wall Street, but it hasn’t been as volatile as the stocks of companies that provide AI infrastructure.
As for Palantir’s upcoming fourth-quarter results, Wall Street is looking for $0.11 in adjusted earnings per share on about $777 million of revenue. That would reflect 37.5% year-over-year earnings growth and 28% y/y revenue gains.
For the full year, the Street is looking for Palantir to earn $0.48 in adjusted EPS on $3.5 billion of revenue. That would be good for 26% annual earnings growth on 25% of y/y revenue gains.
And since the quarter began, all 13 of the 13 top-ranked analysts that I can find that cover PLTR have revised their earnings estimates higher.
As for Palantir’s balance sheet, operating cash flow had been accelerating through Q3, while free cash flow has been positive.
The company has no debt on its books, giving it a very strong balance sheet -- especially for a firm of its size.
Palantir’s Technical Analysis
Now let’s check out PLTR’s six-month chart as of Wednesday afternoon (Jan. 29):
This chart shows Palantir’s upward trend since August, as represented by a Raff Regression model.
Readers will note how well the stock recently responded to a test of its 50-day Simple Moving Average (or “SMA,” denoted with a blue line above). The 50-day SMA has managed to run about even with the Raff Regression model’s lower trendline.
Meanwhile, Palantir’s Relative Strength Index (the gray line at the chart’s top) is currently looking better than neutral without being overbought.
Similarly, the stock’s daily Moving Average Convergence Divergence indicator (or “MACD, marked with black and gold lines and blue bars at the chart’s bottom) suddenly looks bullish across all three of its components.
For instance, the histogram of the 9-day Exponential Moving Average (or “EMA,” marked with blue bars), is above zero.
Palantir’s 12-day EMA (denoted with a black line) is also running above its 26-day EMA (the gold line), while both are running above zero. All of that is considered technically positive for a stock.
Next, let's zoom in on Palantir’s past three months and look at the current trend’s tail end:
This chart tells us that something might be going on with the stock ahead of earnings.
Readers will see that a “cup with handle” pattern (the purple field above) has developed over the past month or so while leaving the stock within its longer trend.
The cup’s right-side apex at $82 represents Palantir’s pivot point in the pattern above. Historically, the stock would need to take and hold this level to take on its next target price. (PLTR closed just below that Thursday at $81.22.)
A failure to take and hold $82 here would mean that PLTR would once again need support at its 50-day SMA ($71.90 in the chart above).
(Moomoo Technologies Inc. Markets Commentator Stephen “Sarge” Guilfoyle” was long PLTR at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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SHORT PLTRPLTR Put Strategy Plan:
1. DCA INTO PUTS:
Target the $74–$79 range for initiating put positions.
Use a scaling approach to average down effectively as the price rises.
2. PUT CONTRACT SELECTION:
Choose 2-3 month expiration puts (e.g., February/March 2025).
Strikes: $65 or $60 puts depending on risk appetite.
3. POSITION SIZING:
Start small and scale up with each $1 increase in stock price:
Example:
1 contract at $74
2 contracts at $75
4 contracts at $76, and so on.
This ensures a meaningful average entry without over-allocating capital too quickly.
4. TARGETS:
Short-term Target: $58.45 (first exit zone).
Long-term Target: $47 (max profit potential).
5. STOP LOSS:
Limit your loss by closing positions if PLTR breaks above $81.
Alternatively, cap your total risk at 5% of your portfolio size and avoid adding contracts above your risk tolerance.
Bullish with cautious on PLTR before the Q4 2024 report.I am bullish with cautious on PLTR amid the market shake-up. Here is my trend analysis on recent price development. I'm really excited and looking forwards to the Q4 2024 report on Monday, Feb. 3.
PLTR: Bulls Charging – $90 Target in Play?🔥 LucanInvestor's Strategy:
🩸 Short: Below $78, targeting $72. A breakdown below EMA 9 could accelerate selling.
🩸 Long: Above $82, targeting $90. A strong breakout would confirm bullish momentum.
🔥 LucanInvestor's Commands:
🩸 Resistance: $82 — A breakout above this level would signal further upside.
🩸 Support: $72 — EMA 9 acting as strong support, while EMA 200 remains a long-term anchor.
Palantir continues its strong uptrend, rebounding from key levels. MACD is crossing bullish, but confirmation above resistance is crucial.
👑 "The market rewards the bold—hesitation is defeat."
Can PLTR Press to All Time Highs??? and breakout this time?PLTR just signaled on the hour utilizing the King Trading Momentum Strategy. This one from a technical standpoint, looks like an inverse head and shoulders and as much as MM's keep trying to sell it, it keeps bouncing back. A full measure move takes this one back to the neckline where it can balance and fail or breakout. This aligns well with the take-profit of 6% and a stop-loss of 3.5%.
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! PLTR and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off). This week even with the crazy DEEPSEEK Monday selloff, the algo has 6 winners and 3 losers! Hopefully this is the next winner!
PLTR: Technical Analysis for Trading and GEX for Options Trading
Trading Analysis:
* Current Trend: PLTR is showing strong upward momentum, breaking out of a rising wedge pattern. However, it's approaching resistance near $80, with $85 being a major level to watch.
* Support Levels: Immediate support is at $74, followed by a stronger base at $72.50.
* Resistance Levels: Resistance stands at $80, with $85 marking a significant overhead level.
* Indicators:
* MACD: Shows bullish momentum but starting to flatten, indicating a potential slowdown.
* Stochastic RSI: Entered the overbought region but beginning to curve downward, hinting at possible consolidation or minor pullback.
* Volume: Consistently higher volume on bullish candles, suggesting strong buyer interest.
Gamma Exposure (GEX) for Options Trading:
* GEX Levels:
* Call Walls:
* $80 (Highest positive NETGEX and Gamma Wall).
* $85 (Third CALL Wall, signaling strong resistance).
* Put Walls:
* $72.50 (Second PUT Wall).
* $60 (Primary support from options data).
* IVR & IVx: Elevated IVR at 81.2 and IVx average at 78.5, suggesting PLTR options are relatively expensive. This is suitable for strategies like spreads or covered calls.
* Options Sentiment: Calls dominate with 76% GEX allocation, confirming bullish sentiment.
Actionable Suggestions:
1. Bullish Scenario:
* Entry: Above $80 with confirmation of breakout.
* Target: $85 (next major resistance level).
* Stop-Loss: $74.
2. Bearish Scenario:
* Entry: Below $74 if price rejects $80 resistance.
* Target: $72.50 and potentially $70.
* Stop-Loss: $80.
3. Option Strategy:
* Bull Call Spread: Buy $80 call and sell $85 call for a risk-defined bullish setup.
* Short Put: Sell $72.50 put to capitalize on strong support and elevated IV.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage your risks before trading.
My PLTR plan to think overMy thoughts on PLTR. I have been watching this stock for a little while now. I got into options on this stock. Not doing my research a little harder, I missed out.
Here are my thoughts. It's not stopping! Feb.3rd we have a earnings call. From what I've been seeing this is going to be good.
My 4hr chart layout shows a retracement levels in what I am thinking will happen. Momentum is fading a tad. We are in a overbought scenario. We are in a previous day high.
Simple thoughts to drink your coffee on. Where do we go from here? I see the slight dip to a support level @ $72.79. Watch it and wait for the strength to build up and go up from there.
As always, research first. Confirm Ideas. Look for confirmation. Confluence is key!
Happy trading. If you like this idea. Follow me.
- Thank You,
Bryan
PLTR:Continuity of the upward trendOn PLTR as we see on the chart we would have a continuation of the uptrend after a rebound on the support line.
PLTR: Breakout of RL: Buy ideaOn PLTR as you can see on the chart we have the breakout of the resistance line by the buyers so it's mean that we would have a hight probability to have an uptrend continuity.
PLTR: Key Levels and Technical Insights. Jan. 23Trading Analysis:
* Trend: PLTR is currently recovering strongly from a downtrend, moving above significant resistance levels.
* Key Levels:
* Support: $73.00
* Resistance: $79.96, $80.06 (major resistance wall).
* Indicators:
* MACD: Bullish crossover indicates potential continuation of momentum.
* Stochastic RSI: Overbought but showing signs of potential divergence, which could slow the rally.
* Volume: Recent spikes in volume reinforce bullish sentiment.
GEX Option Insights:
* Gamma Wall: Highest positive NETGEX at $76, acting as a key resistance level.
* Call Walls:
* $76.04: Immediate resistance.
* $80.06: Significant upside target.
* Put Walls:
* $70.00: Support zone.
* $69.00-$68.00: Key levels for downside protection.
* IV Analysis:
* IVR: 86.1
* IVx: Averaging 75.4, indicating options are actively traded but not excessively priced.
Actionable Trade Scenarios:
1. Bullish Setup:
* Entry: Above $76.50
* Target: $79.96 - $80.06
* Stop-Loss: Below $74.50
2. Bearish Setup:
* Entry: Below $73.00
* Target: $70.00
* Stop-Loss: Above $75.00
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and manage risk responsibly.
Palantir - 30% Earnings move Inbound?!NASDAQ:PLTR
Are they gearing up for another big earnings move or will the expectations be too high?!
A breakout of this bull flag sends them higher!
🎯$85 🎯$95
Not financial advice
5 Week's TopFrom the second December week until the end of the first January week we saw a top building.
This had been followed by a downward correction completed by Fibonacci rules.
This resulted in an attempt to reach to top again which seems to have failed now.
The rise is a completed Fibonacci retracement again. That's why it is more likely that it will stop at this level.
The long way up is uncorrected yet. This doesn't mean however that we will see a steep downward correction immediately now as the market still is impressed by the uninterrupted rise for more than 1 1/2 year.
I rather expect a certain corrective downward move followd by a longer sideward trading.
Not Yet ThroughIt seems that we have got a bottom within the present downward correction.
Palantir has to ecide now whether to get back into the still prevailing uptrend or to correct further.
At moment we try to retain the trend cautiousely. But no decision has been made yet.
As the Williams indicator is gaining some strenght again I dare to asume that the next move will be a rise. At least a small one to find the direction.
PLTR:Continuity of the upward trendStill in continuation of the upward trend on PLTR as you can see on the chart on a 15-minute time unit. But, with this chart configuration, let's be careful because there may be a reversal of the trend.
PLTR Approaching Resistance! Key Levels to Watch for TomorrowAnalysis:
PLTR has been climbing steadily after bouncing from key support at $63.40 and is now approaching critical resistance near $73-$75. The stock is within a narrowing wedge pattern, hinting at a potential breakout or rejection. The MACD is crossing into bullish territory, signaling upward momentum, while the Stochastic RSI is nearing overbought conditions, suggesting caution in chasing highs.
Volume has been consistent, supporting the current upward movement, but significant call wall resistance at $75 may cap gains in the short term.
Key Levels to Watch:
* Resistance Levels:
* $73: Immediate resistance with significant gamma exposure.
* $75: Strong resistance zone and second call wall.
* $80: Extended target if bullish momentum persists.
* Support Levels:
* $70: Key support level aligned with positive GEX positioning.
* $68: Secondary support near the gamma wall.
* $65-$66: Critical support zone for maintaining upward momentum.
GEX Insights:
* Gamma Exposure (GEX):
* Positive GEX peaks at $73-$75, signaling significant resistance.
* Support is well-established at $68 and $65 due to negative GEX positioning.
* Options Activity:
* IVR: Elevated at 84.9, suggesting high implied volatility.
* Call/Put Ratio: Strong call positioning at 83.4%, indicating bullish sentiment.
Trade Scenarios:
Bullish Scenario:
* Entry: Break above $73 with strong volume.
* Target: $75 (first target), $80 (extended target).
* Stop-Loss: Below $71.
Bearish Scenario:
* Entry: Rejection near $73 with bearish price action.
* Target: $70 (first target), $68 (extended target).
* Stop-Loss: Above $74.
Directional Bias:
The bias is cautiously bullish as PLTR shows strength climbing toward resistance. However, the $73-$75 range poses a significant challenge, with the potential for either a breakout or a pullback depending on broader market sentiment.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Aiming for a Long Position on PLTR: Potential for Growth
- Key Insights: Palantir Technologies is showing strong momentum supported by
robust government contracts and AI advancements. While valuation metrics
raise concerns, recent performance indicates a bullish trend, particularly
given the significant government contract wins which have driven up
revenues. The stock's high P/E ratio may deter some investors, but the
potential for continued growth cannot be overlooked.
- Price Targets: Based on market dynamics and analyst insights, the following
price targets and stops are recommended for next week: T1 = 74, T2 = 78, S1
= 68, S2 = 66. These targets reflect an optimistic outlook while
incorporating reasonable protection against potential downside.
- Recent Performance: Recently, PLTR's price surged from around $60 to
approximately $71, showcasing significant bullish sentiment. The company's
latest earnings reflected a 40% year-over-year growth due to impressive
government contracts, boosting investor confidence amidst an otherwise
cautious market.
- Expert Analysis: Experts remain divided; while there is excitement surrounding
Palantir's AI capabilities and government contracts, skepticism persists
regarding sustainable growth at its current price levels. CEO Alex Karp's
ambitious projections contrast sharply with more conservative analyst
expectations, leading to a complex investment thesis.
- News Impact: Palantir's notable contracts, including a $480 million deal with
the U.S. government and the partnership with Anduril Industries for defense
data AI enhancements, are expected to significantly bolster its market
position. Additionally, receiving higher ratings for its secure cloud
services from federal agencies may further strengthen its stock performance
and investor confidence.
PLTR: Technical Analysis and Trends Across Different Timeframe
Palantir Technologies (PLTR) presents an intriguing conflict between long-term trends and shorter-term movements. Analyzing the monthly, weekly, and daily charts highlights the current market complexities and provides key points for traders and investors.
Monthly Chart: Long-Term Downward Trend
On the monthly timeframe, the stock is showing a red 2D candle, indicating a drop below the previous month's low. Currently, the stock is trading below the monthly opening price but remains above the opening price of the prior month. This suggests a delicate balance between buyer and seller forces in the long-term perspective.
Weekly Chart: Recovery from the Broadening Formation
On the weekly timeframe, a green 2D candle indicates a positive correction, breaking above the high of the previous week. The stock opened this week at the edge of the **Broadening Formation** that was formed by a 3 candle last week. This level has acted as a strong support, sparking the current upward movement and may continue to hold as a critical support zone if the correction persists.
Daily Chart: Positive Momentum with Resistance Challenges
On the daily timeframe, the stock shows positive momentum after forming a Higher Low (HL), signaling further strength among buyers in the short term. However, the **monthly opening price at $76.05** remains a key resistance level. Unless the stock breaks above this level, the short-term correction may remain limited.
Currently, $76.05 stands as the critical level to watch. A clear breakout above this resistance could indicate a significant trend reversal, while failure to break through might lead to renewed selling pressure.
The recommended strategy is to closely monitor the stock’s behavior around support and resistance levels while maintaining disciplined risk management. For traders, shorter timeframes present tactical opportunities, but long-term investors should wait for clearer trend confirmations.
PLTR: Approaching Key Resistance🔥 LucanInvestor's Strategy:
🩸 Short: Below $70.21, targeting $68 and $65. The MACD is still below zero, indicating bearish risks remain if support fails.
🩸 Long: Above $77.76, aiming for $76 and $80. A breakout above resistance signals continued bullish recovery.
🔥 LucanInvestor's Commands:
🩸 Resistance: $77.76 — A crucial level for bulls to confirm momentum.
🩸 Support: $70.21 — Key support level; breaking below could lead to bearish continuation.
Palantir (PLTR) is showing signs of recovery, with the price moving above the 9-day EMA ($70.21). However, MACD remains in bearish territory, requiring caution until a breakout above $77.76 confirms sustained bullish momentum. Increased volume will be critical for validation.
👑 "Patience is the foundation of all great trades." — LucanInvestor
PLTR BULLISH REVERSALPrice -25% correction, Failed breakdonw the previous ATH 64 resistance now support.
Can be interesting seen the price above the 70 and holdign for a swing trade coming the market momentum
LONG PLTR at 68.00 after hours - I love volatilityI haven't traded NASDAQ:PLTR that much this year but when I have, it's been a very good stock to trade. It's obviously been on an epic run and a buy and holder would have made tons on this one this year. That's not my game, though.
Quick flips are what I do and this year, my algo's signals were 20-0 with an average gain of 2.7% and an average holding period of 3.1 trading days. That's WELL above the average return using the system I use. Only 1 of the trades would have taken longer than 6 trading days to close profitably, and 70% of the trades lasted only 1 or 2 trading days.
I think NASDAQ:PLTR will be a big beneficiary of AI, so I don't think this recent 17ish% pullback is apocalyptic. On the contrary, I think it's long overdue. The fact that it has done so just since Christmas and the obvious rise in volatility since the last earnings report is actually a welcome sight given the way I trade. I like big, fast moves. And even if some are down, the statistics of how I trade are such that it just makes the next buy cheaper. The fact that it is still in the upper half of its 1 year regression channel makes me even more comfortable with this setup.
While it doesn't have an extensive trading record with my system (not ideal), it has been a perfect 144-0 since it went public and I expect that to continue here. Realistically, though, if I don't catch this just right timing-wise it could be a loser before it becomes a winner for me. I'm happy to take that risk given that the daily returns on PLTR using this system are about 4x that of SPY over the long haul.
I didn't get in until just before the close of the after hours session, but as a result I got in at a discount relative to today's closing price. Lot 1 was purchased at 68.00.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Multiple Different Outcomes I Wanted to Share.I think its finally time for PLTR to seek some downside.
I put the four down move outcomes I think will happen and a few for upside peaks. We are stalling out on PLTR and the dont even get me started on the earnings/finacial side of the company versus its price.
Next weeks bear target is 75-70 and longer term is 60.
Bull case for this stock is 100. But I highly doubt it.
PLTR 4H Chart Analysis – It's Long Opportunity (short term)
My JP StochDemarker Indicator at the bottom suggests a potential reversal from oversold conditions, as indicated by the upward green signal and bullish divergence forming. The stochastic momentum is curling upward, signalling increasing buying pressure.
Target does not have to go wide, but $70-$72 is what im looking at, if we're still is longer term correction for Q1.
Price Action:
• A recent Buy signal has appeared on the price chart, aligning with a “Long STRONG” flag from the strategy.
• The price is rebounding off the lower Bollinger Band, with support holding near $65, which coincides with a key Fibonacci retracement level.
• Short-term moving averages (e.g., 20 EMA) are converging, indicating a possible shift in momentum if the price breaks higher.
Trade Direction:
- The combination of technical signals – stochastic recovery, “Buy” flags, and strong support at current levels – presents an attractive long opportunity.
- A breakout above $67 could confirm the uptrend continuation, with a potential target towards $70-$72, aligning with the upper Bollinger Band and previous resistance zones.
