$PLTR Trade-Setup LONGI rally like Palantir at this spot, backtest of the pattern completion zone of the harmonic in the 4h chart. Daily chart RSI is at 16, poised for some kind of bounce. Buy in, TP's and Stopp Loss as in the chart. Good luck out there! Like, Comment and subscribe pls! :)Longby 10xTrading11
PLTR Fib levelsPLTR 11.12 is the next level Fib level indicates going further down until 11.12 and hopefully finds a bottom there.Shortby trader8883112
PLTR Descending wedge bounce soon?Broke down out of the sharper wedge, but It's still within the larger triangle. Is this the bottom?by eyemac20110
PLTR Possible Breakout or Steady Move UpwardNice IPO run-up over 200%, institutions are definitely interested in PLTR. The 93-day hold rule shows selling, which is normal for the original investors to take profits. Remember many are in at much lower price points. This also shows a nice base after they sold that has continued to remain strong to this day. Just so happens the 200DMA is also at the same support level of 22.50, which PLTR showed more signs of support. I believe the base is forming nicely for an attempt to pop through the top of the triangle, which if we witness this on above-average volume then I think there will be a run to test the ATH of 45. At this points profits can be taken or ideally work through another base with some sideways movement prior to advancing up the next level. One step at a time though. Longby works2020Updated 8
Some Thought's i had on Friday before close Please don't mind my lousy grammar as i had no time to really work on it , im sure you could imagine why Why the Feds Got it wrong And Cathy’s Got it right In recent there has been turmoil in the market place as to the inflationary pressure that we have noticed in the recent economic data such as the PPI and the CPI reports. The feds most recent hawkishness causing great distress to the market turmoil that we are currently witnessing. Given that the markets are a forward indicator the market is repricing in the data to the current per share price, but why is the market not finding a bottom ?? simply said the market is unsure …. The market is telling us something, something the market sees but the feds don’t !! something is wrong !! what is it ? it’s the softening of one of the most robust pandemics ever. We are starting to see the economy of the pandemic unravel which is prevalent in a company such as PTON ( Peloton ) Or NFLX ( Netflix ) which have both recently reported. Further I would add that the issue in our supply chain which was apparent in the demand and boost to the economy (because of Fed fiscal stimulus) in my opinion has been the catalyst for the inflationary concern that and covid. I suspect that we will continue to see weakness in the chip makers and any other recently left over covid trade. The end of the day raising interest rates and a softening economy is a recipe for disaster. Which to me brings up point number two Why do I think Cathy’s got it right ? Her timing may have been bad but her trade idea is right. I believe that as the case for the feds which is unfolding before us takes to its bottom, that there will be a reverse in companies such as the growth stocks that have been taking the brunt of the market’s punishment for the last year. I believe that their growth in a tightening interest environment is detrimental to their price expansion over the next 2 years. As these companies continue to show strength in this environment it will be the catalyst for their interest by investors in the companies. I particularly am talking about PLTR (Palantir) that has been growing by 30% yoy and is profitable. Granted they are trading at an extreme multiple on there PE but comparative to industry favorites and this company is having a fire sale on their common shares. This will all be apparent in upcoming earnings All said apart from the concern of the raising interest rates , I still believe the economy is still in expansion , but in the expansion we were pre covid The above is my opinion, PLTR Stay tuned for follow up , Longby TheAnxiousTrader113
Single digit Palantir..!PLTR could cross below 10 soon! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.Shortby Moshkelgosha8817
PLTR expecting sell off. Intermediate 1 complete at ATH with wave 4 being an unlikely Zigzag. Now in the process of making a Zigzag as a intermediate wave 2. A complete as an 12345 impulse. B completed abc in 3 corrective waves contained within the channel reversal at centreline as start of Intermediate wave C. In a zigzag wave C either an ending diagonal or an impulse. This looks likely be an ending diagonal. will continue updating further developments on PLTRShortby UnknownUnicorn10209036Updated 0
5 Wave Analysis PalantirHello dear traders and investors, As far as I understand, we are in the wave 5 of the wave 5. We surely can see some correctrion up to 24$, if the wave 5 already have ended. It would be nice top hear your ideas and views about this interpretation of Elliott Wave Principle on the example of Palantir stock by Giovanni_67Updated 554
PLTR TECHNICAL UPDATELong term investment banger Palantir. No debt, efficient business model where its operated via cash flow, although burning enough of it to focus on R&D, this company has enough experience to manage itself considering it has been operating within the government sector for the past decade, it has an accelerated growth company with 3x yoy revenue increase, looking into broaden itself into the commercial sector. This stock imo is my next outperformer, with target prices reaching to 120% gains within the next 6 - 12 months, 300% within the next 18-29 months. Considering this stock is at an unbelievable buy zone and has fallen way under its intrinsic valuation. I am personally making this 80% of my portfolio. On the technicals side, way oversold RSI, great bounce on the .786 retracement with a 5% move up, a forming inverse head and shoulders pattern, and to conclude, 3 exhaustion gaps seen within the chart each of them having a near 70-80% chance of getting fulfilled. Lots of interest on the reddit community, making this stock the signpost of wallstreetbets. Im jacked to the tits on this stock now that its so cheap and would look to hold it for the next 5 years. Not financial advice. LFGLongby ary2001995
PLTRMID-TERM: Close to a bullish crab, bounce off demand line of wedge, potential triple classic bullish divergence. (not financial advice)Longby Champion-Vibe114
PLTR: We will not break the 16 dollar levelWe are in a falling wedge but we are ALSO in a besr channel. A break down to 10 dollars before earnings is not out of the question. For trading. I am would wait to buy As an investor, I'm DCAing this price range. This d what I'm doing and not reading advice. Shortby HassiOnTheMoon222
PLTR: From 10 to 40 and back to 10Amazon went from 100 to 6. Those who held reaped the rewards. Meantime... This f**king sucks. How's everyone doing?Shortby HassiOnTheMoon17175
Text book pattern.this is text book wyckoff accumulation, looks like it is entering into the spring face, and most exiting one. very oversold. very negative sentiment this is the type of chart a go long. beatuful abc formation.Longby Luisec6
PLTRlooks like Still more pain ahead. PLTR looks very week now may see some support around 10-11 area.by Lucky671110
PLTR 19-01-'22(1) Macro Downtrend (Below 50/100/200 Moving Average). Trend=Oversold (RSI) (2) POC =$24.8 (3) Decreasing OBV (Negative) Conclusion: 1. Is Demand(6) Zone respected? Buy Zone #1: 14.37 - 13.88 Buy Zone #2: 10.7 - 9.14 Price Tgt #1: 21.28 (Trend Line) Price Tgt #2: 26.16 Review= 1. Break Demand 6 (!) 2. Unknown Hype *POC=The price level for the time period with the highest traded volume. DISCLOSURE: This is a personal trading idea, Not a Trading Advice. This is pure for educational purpose.by FapFop89330
Palantir has soiled the bed. Last 3 weeks PLTR has moved lockstep with QQQ. So, in my opinion, the macro condition of the market is putting too much downward selling pressure on PLTR and other growth companies for them to buck the trend. With that being said, PLTR is nearing another zone where the bleeding may stop, and that's the calculated bottom from the latest descending triangle. It's not shown on this chart, but the weekly RSI is also now in the oversold condition. This is far more rare than the daily bars, but in the current state of the market you should under no circumstances try and catch this falling knife. The truth is PLTR has blown through every support line in the past couple months and it's assinine to assume it'll stop at this one regardless of what any pattern or any indicator says. If growth headwinds begin to subside then one can CONSIDER a bullish play on PLTR. If that's the case, the next earnings report may spark the new uptrend just as the last one was seemingly responsible for the current sell-off. Still love PLTR long term, but for now it may well continue to get swept towards oblivion like the rest of the Nasdaq growth companies.by digital_precisionUpdated 1