PLTR: is a new impulse starting?Palantir has been making big strides this year. Two consecutive quarter of GAAP profitability and finally an institutional grade purchase by Aark invest are very encouraging signs. The move from the bottom has finally invalidated the bear case today. Even though, there still hasn't been a clean 5 waves upward movement on the price action, it is looking like a leading diagonal start, potentially a wave 3 in progress at the moment. I am still on the cautious side but holding longs since $7.5 back in March with a target of $12.24 (getting pretty close to target). Watching RSI to spike up a bit more before I let go of the trade. I am not going to put any EW labels on this new uptrend just yet. I would like to see the price move higher to complete wave 3 and not break $7.1 on the retrace to wave 4; and put in another higher high to complete a 5 wave before another sharp retrace back to complete a larger degree 1-2 move. Right now I will try to catch the swings and mainly have options trades to generate the capital for a long term investment. When I see a full 1-2 swing, I will be very interested to put in some cash for very long term hold on PLTR (10 years and beyond). Eventual targets are something too crazy to mention at this time. There is no need to FOMO. This train will have a few more stops and plenty of space to get on board before it goes on express mode...
PLTR trade ideas
Cathie Wood Pushes Palantir Higher-Peter Lynch Fair Value sub 6Cathie Wood discloses shes buys in more of Palantir stock, 13million more.
We run the earnings and growth rate in Peter Lynch Formula worksheet and find the fair value.
Warren Buffett says wait for your pitch.
PLTR Harmonic Elliott Wave AnalysisI just liked this chart, so decided to put up the Harmonic Elliott wave analysis. Following the all time low in Dec. 2022, I see PLTR being in an impulse to the upside.
Right now, we are at the final stages of wave 3 of a of (III).
Roadmap for PLTRBlue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions.
dip before more rip? 🐻PLTR may 8th I said look for pump to 8.5-10.2 if earnings are good, today may 11th I am saying look for dip to 8.5-9.18 before anymore upside action..
very strong resistance, pltr rarely has 3 green days without pullback.. overbought RSI.. many reasons to be bearish here or at least cautious for chasing long
boost and follow if this helped, thanks! ❤
Massive accumulation phase is over; breakout followsIn this video I've shown an inverse H&S pattern which has formed over the past 9 months. This indicates clear signs of accumulation by institutional investors. What follows next is a markup phase due to some catalyst.
$PLTR - Breakout watchNYSE:PLTR break out watch. Breaking above $10.70 could send the stock to $12 - $14 area. Down side risk is $7.30.
PLTR set your alerts and wait!such a neat 2 bottoms, long term downtrend resistance is almost falls in to the same are of the neckline. set the alerts and wait!
Palantir. A pioneer in AI before Chatgpt exist. 15/May/23.Palantir aka PLTR a pioneer A.I which only proving “intelligence” services for US CIA > 20 years ago before going “commercial”...
PLTR - Horizontal Trend Channel- PLTR is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
- A decisive break of the resistance at 11.19, ideally with an increase in volume, signals a further rise.
- PLTR is between support at 8.80 and resistance at 10.30.
- The volume balance is positive and strengthens the stock in the short term.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
PLTR AnalysisPrice okaying nicely as analyzed last week. Price respecting the bearish POI at 10.31 while leaving behind equal highs at 10.31. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 8.65 before we see a continuation higher and taking out the equal highs.
PLTR (Y22.P4.Video1).Macro viewHi All,
#PLTR macro review and we use the RSI for some direction along with fibonacci.
Please give a like and share,
All the best,
S.SAri
PLTR AnalysisCompany surprised with a positive year, meeting expectations. Right now, price is mitigating the bearish POI at 10.31. With a huge gap below, I'm expecting price to make a bearish retracement to fill the fair value gap before we see price continues higher.
PLTR bullish setup going into earnings 😍breaking trend resistance and triple bottom bounce from support, with good ER we can rally 8.5-10.2
be careful if we break 7.14 big flush to downside can happen if that breaks!
boost and follow if this helped thanks :)
$PLTR - sitting on a fib supportNYSE:PLTR #PLTR Sitting on the FIB support. ER on May 8th. Options market pricing +/-$0.91.
PLTR AnalysisPrice has broken market structure to the downside. Price has also grabbed liquidity at 7.67 which was the liquidity target for the down move. From here, price could make a bullish retracement into the POI at 9.04 before deciding to continue lower.
PLTR - ShortNote the gravestone doji daily candle. This looks ready for a short-term pullback to at least the green trendline support as it is still in a general uptrend.
$PLTR is looking good! Fundamentally & technically w/tailwindsTaking a look at PLTR in this video! Been a long time since I made a video.
Let me know if you have any suggestions!
PLTR AnalysisPrice is breaking market structure to the upside since last week. I'm expecting the bullish sentiment to continue until earnings on 9 May where we could see price drop from the bearish POI at 10.31.
Looking for that 12 dollars! Long position initiated Looking like nice consolidation at lows into a cup and handle. PT 12+ with higher long term upside. Also Nice volume and MA cross to boot!
PALANTIR Stock Chart Fibonacci Analysis 041023 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 8/61.80%
$PLTR - Attractive entry for potential triangle breakoutNYSE:PLTR #PLTR looks attractive again for a potential near term symmetrical triangle breakout.
Target 1 - HKEX:9
Target 2 - HKEX:10
Target 3 - $11.35
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
PLTR AnalysisPrice consolidated since my last analysis. Price did take out the sell-side liquidity built up last week and is showing signs of bullishness . Similar to my last expectation, I'm expecting price to consolidate here, waiting for price to show a confirmation to go higher or lower.
