AI Momo200-500 moving channel and weekly buy squeeze firing. First target 11 then 13. Stop close below 8.
PTX trade ideas
PLTR: buy ideaOn PLTR we will have a big probability to have an uptrend as you see on the chart .Thanks!
AnalysisHow to enter the market and how to exit the market?
As you can see on the chart we enter a buy position when the vwap indicator is forcefully broken along with the resistance line by a large green candle and accompanied by large green volume. This means that the buyers have taken over the sellers. In addition, we have a succession of green candles in sum five (05). The fifth green candle is already signaling us to prepare to exit the market because it has a long wick with a relatively small body. With regard to this fifth green candle, when a red candle appears with a large red volume it means that we have a high probability of having a reversal of the trend (Bearish). Thanks!
PLTR: so far looking goodPLTR is on a rip! At this point we might have seen wave 3 on the minute degree has been completed. Since there is no bearish divergence between Feb high and the today's high, it is safe to say this is not a C wave. However, we must let 5 waves play out. Since wave 2 was long and deep ABC flat, wave 4 could be a swift and shallow zigzag or a triangle. the invalidation point for bullish case is the wave 1 $10.31 high. I am expecting support on around $12 should hold and price should not show too much weakness right now. Whatever consolidation is needed to cool off RSI to continue the next wave higher. I will be looking to load up again at $12 to $11 levels with a clear stop at $10.31. Eventual target for minor wave 1 will be around at $20 something...
$PLTR Short .PLTR did a very nice bullish move these days giving more than 130% but now it reached MONTHLY REISISTANCE and sellers got it serious and powerful followed by big volume.
PLTR: Buy ideaBuy idea on PLTR as you see on the chart because we have the breakout of the resistance line. Thanks!
PLTR :Is there a bubble behind the meteoric rise of PLTR stock?The recent surge in PLTR stock is partially attributed to Nvidia's (NVDA) historic quarterly earnings. Nvidia's revenue forecast for the second quarter is $11 billion, far exceeding analyst expectations of $7.15 billion. This positive news also boosted the stocks of other companies involved in artificial intelligence (AI) and machine learning (ML), including PLTR.
Recently, Palantir announced a partnership with the Ministry of Digital Transformation in Ukraine. Through this collaboration, Palantir will assist Ukraine in rebuilding its digital infrastructure, which was damaged during the Russian invasion. The services will include enhancing the efficiency of electronic public services and collaborating with the Armed Forces of Ukraine to implement digital and innovative projects.
However, I've also noticed that Palantir faces potential competition from data platforms developed by the U.S. government, concerns about its investments in SPAC-backed startups, and the launch of its Apollo platform, which may face competition from other cloud-based software update platforms. Amid the push of the AI wave, technology suite companies are also experiencing a pullback, but there is a certain bubble in this.
From a technical perspective, as you've mentioned, there are signs of overbuying risk, so chasing the bull trend right now isn't advisable. I would suggest remaining on the sidelines as the current price isn't a good entry point. The first resistance level above is around 18, with a short-term resistance level at 15.63, which is the weekly high.
If you already hold this stock, you could continue to wait for a sprint to the first resistance level above and use it as your first profit target.
PLTR AnalysisPrice consolidated since my last analysis. Price has taken liquidity above the highs at 14.86 and is unable to close above. There is a high probability that price will make a bearish retracement from here if we get a good confirmation. However, with the strong bullish momentum, it will be best to wait for a retracement if you want to long, instead of shorting to your entry level.
PLTR Range flag focus.This is the general trend focus. I feel we will be in this chop zone to build up some accumulation prior to making a bounce. were at top of this current trend channel and feel a pullback is necessary. BUT I have plotted all major focus of the trend
$PLTR Pierce of the double top,NYSE:PLTR Pierce of the double top, beginning of a new uptrend when the 20 week moving average is crossing over the 50 week moving average, needs bullish consolidation before it can breakthrough horizontal line.
$PLTR cup formation formingI've been buying in the buy zone and watching the cup pattern develop. Everything continued to hold as the bottom developed, volume looks good, and both continue to do so as the right side of the cup pattern comes into play. Watching how the $14.86 range plays out, I'm looking for a base to form while sideways movements.
PLTR, 12d+/-58.21%falling cycle -58.21% in 12 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
$PLTR - We are in STAGE 2 - UPTRENDNYSE:PLTR - According to stage analysis, we are in STAGE 2 - UPTREND. We left the STAGE 1 - BOTTOM when the stock broke above $11. I hope I get another chance to swing.💥🚀🙏
Follow me for chart analysis like these. #PLTR AMEX:SPY NASDAQ:QQQ
$PLTR looks good for more upside $12-19 targetsIt looks like a bottom has formed in PLTR and price could start moving upwards.
You can see that price has been consolidating in a downtrend channel, but we recently broke above resistance ($7.97) and have now confirmed it as support. The next challenge for price is to break above the channel and continue upwards.
The targets to the upside are on the chart, let's see how it plays out over the coming months.
PLTR. Flagship. Short Squeeze Stock.PLTR. Flagship. Short Squeeze Stock.
Biggest investment companies heavy invested.
PLTR: spring effect on vwapOn PLTR as you see on the chart we have a good spring effect on vwap indicator so it's mean that we will have a big probability to have an uptrend.Thanks!
PLTR: Sell ideaOn PLTR as you see on the chart we have the breakout of vwap indicator and also the breakout of the support line so it's mean that we will have a big probability to have a downtrend.Thanks!
PLTR - Rise of the machine (Macro Count!)It’s been a while since we published an update about Palantir, and the massive pump which was triggered by the Q1 2023 earnings is a more than welcome change in investors sentiment.
The terminator should resemble a subtal joke, as palantir continues to engage in intelligent software and possible AI constructs used by the US government and military.
Additionally, I want to highlight our buy zone, which is displayed on the chart as the green retracements ranging from 0.5 to 0.618. This zone was hit three times and I sincerely hope that everyone could take advantage of it.
As of now we expect that the market will continue its uptrend, only a significant decline below 8$ could trigger a possible bearish alternative.
2D Chart - Palantir (NYSE)
See the chart without the terminator, 4H Chart - Palantir (NYSE)
Please note that we are already invested in Palantir with 2 positions, which we announced last year.
Long #1 (Announced 21.03.2022)
AVERAGE EXECUTION PRICE: 12.53$
STOP-LOSS: NONE
LONGTERM TARGET: +80$
Long #2 (Announced 09.05.2022)
AVERAGE EXECUTION PRICE: 7.59$
STOP-LOSS: NONE
LONGTERM TARGET: +80$
PLTR return to trading in the double digits in 2023Long PLTR. Company just reported first quarterly profit and is growing well. The global tensions and the trend of deglobalization and a bipolar world should only help this company's business going forward.
PLTR AnalysisPrice did not play out as analyzed last week. Price is currently on a very strong bullish momentum, I would not attempt to enter a reversal even if there's a good confirmation. Right now, price is mitigating the bearish POI at 14.86 where I'm expecting price to fall from. No changes from my original expectations.
