Is the push-up for PLTR over?Is the push-up for PLTR over?
Palantir stock has been supported by the ascending trendline shown on the chart for the past two days... hence acting as a good support.
The asset pushed up yesterday, but dropped a bit after hitting the descending TL acting as resistance, as shown.
VIEWS for entry
1. Enter with current market price
entry: $121.8
SL: $118.8
TP1: $133.8
2. Be conservative for a breakout
entry: $124 zone
SL: $120.9
TP2: $134
The two trades
RR 1:3.84 & 1:2.55
PTX trade ideas
Palantir UpdateThere is a lot to unpack regarding Palantir based on what has transpired as of late. I have removed the possible smaller degree irregular abc pattern that I was tracking. If you draw fibs for what would be a sub-minuette wave i of (v), you see that our recent top was made right around the 1.236. This is very standard for ED's. Also, when it reversed, it did so with strength which is another trait of ED's.
MACD broke down below the trend line and has come back into the wedge. It appears to be weakening/curling, setting price up for a potential move down again. What I would like to see, is for MACD to remain under the upper trend line while resetting before dropping and pulling price back down with it. This would fit well with the white count. If this happens, then I believe the ensuing price action would reflect close to what I have laid out on white.
The ALT count, which is becoming less and less likely every day, is the yellow pattern. This suggests that we're within a larger degree irregular ABC pattern. If this is the case, then price would likely drop to the $65 area if not lower. I think this pattern is very low probability, but it could still happen so it will stay on the chart for now.
In short, I believe we have topped in an ED with the slim chance of getting one more slight high. If we have topped, we should be headed for the target box in a 3-wave fashion. This would be a great place for longs should the coming price action follow my predicted structure.
PALANTIR: Bullish breakout to $260 imminent.Palantir is on a strong bullish 1D technical outlook (RSI = 62.809, MACD = 6.320, ADX = 29.658) as it maintaines a Channel Up pattern that is supported by the 1D MA50. The starting point was of course the April 7th 2025 bottom and it looks very similar to the previous major bottom on the 1D MA200 on August 5th 2024. Expect the same total rise (+299%) before the next 1D MA50 test. TP = 260.
See how our prior idea has worked out:
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PLTR Coiled Tight – Breakout Setup Above All-Time HighsPalantir ( NASDAQ:PLTR ) is setting up for a powerful move after tight consolidation above prior all-time highs—a classic sign of institutional support. The base-on-base pattern signals strong demand at higher prices, with buyers absorbing supply without letting the stock drift too far from highs.
Volume has remained consistent, showing accumulation. Relative strength is rising, confirming PLTR as one of the market’s current leaders. The company has posted strong earnings growth, expanding margins, and continues to benefit from macro themes in AI, government contracts, and big data infrastructure.
Price is stacked above all major moving averages (10, 21, 50, 200), a technical sign of strength across short and long-term trends. Combined with a tight range and low volatility in the handle, the setup reflects conviction and low risk.
Trade Setup:
📈 Entry: 133.50 – 140.28
🛑 Stop: 126.70 – 124.26
🎯 Target: 160 – 166
We’ll look to add on a breakout with volume or if price digests gains and forms another mini base near the highs.
PLTR 479% Parabolic Rally Meets RSI Divergence at Critical ZonePalantir (PLTR) has completed a near-perfect parabolic advance, rising more than 479% over 378 days from its demand base in early 2024. The move has been relentless — supported by breakout volume and accelerating price structure.
However, we are now at a potential inflection point.
Price is stalling at the upper end of the parabolic curve, right near a prior rejection level. At the same time, the RSI has been forming multiple bearish divergences, signaling weakening momentum despite new highs.
This exact combination — parabolic rise + RSI divergence — has preceded sharp corrections in the past.
The previous drop from this region led to a -47% decline, which found support in the $70–75 zone — now marked as a 2D demand area. That zone could again act as a magnet if momentum fades.
If PLTR breaks above $135 with strong volume, the divergence could be invalidated, but for now, the chart suggests caution. This may be a topping structure or the start of a broad sideways range.
PLTR 1D — When the tea is brewed and the handle’s in placePalantir’s daily chart is shaping up a textbook cup with handle pattern — one of the most reliable continuation setups in technical analysis. The cup base was formed over several months and transitioned into a consolidation phase, building a rectangle structure where smart money likely accumulated positions before a breakout.
Now here’s the key: price has not only broken out — it’s settled above all major moving averages, including EMA 20/50/100/200 and MA 50/200. The breakout candle was supported by surging volume, signaling strong participation from institutional buyers. When all the averages start bending upwards, it's usually not by accident.
The breakout above the $121 resistance zone unlocked a pathway toward a target at $187 , derived by projecting the height of the cup upward from the breakout level. This kind of structure, once confirmed, often fuels aggressive continuation — and this one’s got the setup locked in.
From a fundamental perspective, Palantir is holding solid ground: strong earnings reports, expanding government and commercial contracts, and aggressive development in AI services. Institutional interest is rising steadily, and that momentum is visibly reflected in price action.
To sum it up: price has launched cleanly out of the consolidation zone, pierced all critical MAs and EMAs, and continues to gain momentum. While the market sips its tea, this cup is boiling hot. Just don’t forget your stop loss — this is a trading desk, not a tea party.
If you enjoy posts like this, drop a like, share it around, and let’s hear your thoughts below. It keeps ideas moving and the content flowing — free, sharp, and relevant.
"Steal the Market: PLTR Trading Strategy Revealed!"🌟 Hola, Money Snatchers & Market Rogues! 🌟
Ready to hit the vault? 💰💸✈️
Here’s the ultimate plan for lifting loot from PLTR (Palantir Technologies Inc.) using the infamous Thief Trading Style. This is no rookie job—we’ve got the techs and the fundamentals to nail the target. Our sights are locked on the high-stakes Red Zone: nuclear resistance, overbought territory, trend reversals, and that sweet electric trap where traders and bearish bounty hunters lie in wait. 🏆💸 It’s time to bag those profits and live like a kingpin!
Entry Point 📈:
Doors are wide open! Snatch that bullish loot at any level—it’s a free-for-all! For extra stealth, set your buy limits around recent 15–30 min swing highs or lows. Pro tip: throw in some chart alerts to stay ahead of the game.
Stop Loss 🛑:
Our Thief SL lands at the recent 2h swing low (116.00) on a swing-trade basis—tight enough to dodge the cops but wide enough to let the heist breathe. Adjust based on your bankroll and risk appetite—don’t get greedy, and always plan your getaway.
🏴☠️ Target 🎯: 152.00—or duck out early if the sirens start blaring!
🧲 Scalpers, listen up 👀:
Only scalp on the long side—no backstabbing shorts here! If you’ve got the bankroll, go all-in; otherwise, team up with swing traders and ride the big wave. Use a trailing SL to keep your loot safe from sudden ambushes.
PLTR (Palantir Technologies Inc.) is on a bullish tear—thanks to a mix of market signals and that sweet fundamental juice:
📰🗞️ Stay locked in with the latest—fundamentals, macro reports, COT updates, geopolitical heat, sentiment, intermarket moves, index breakdowns, position shifts, and trend forecasts. Link’s in the bio—don’t miss it! 👉👉👉
📌 Pro Tip: Markets can flip faster than a getaway car—stay sharp and ready to pivot.
⚠️ Trading Alert:
News drops can spike the alarm system—here’s how to keep your loot safe:
🚫 Skip new trades during releases
🚏 Lock in profits with trailing stops—no one likes getting caught!
💖 Show some love for the crew—💥 Smash that Boost Button 💥—and keep the Thief Trading Style alive. Let’s make bank every day like true market outlaws! 🏆💪🤝❤️🎉🚀
Stay tuned—another big score’s just around the corner! 🤑🐱👤🤗🤩
PLTR Bearish Swing Play – Trump Deal Fallout & Technical Breakdo📉 PLTR Bearish Swing Play – Trump Deal Fallout & Technical Breakdown
🗓️ Date: June 5, 2025
🧠 Strategy: Short-term momentum + sentiment swing
⏱️ Timeframe: 5–10 trading days
🔎 Multi-Model Analysis Summary
Model Bias Strike Entry Target Stop Confidence
Grok 🔻 Bearish 122 5.50 8.25 3.85 75%
Claude 🔻 Bearish 120 4.75 7.13 5.70 75%
Llama 🔻 Bearish 120 4.85 9.00 3.50 70%
Gemini 🔻 Bearish 120 4.80 9.00 3.50 70%
DeepSeek 🔻 Bearish 120 4.80 8.25 stock SL 75%
✅ Consensus: All models align on bearish momentum and bearish options flow
📉 Max pain + high open interest at $120 = gravitational magnet
🔻 Negative news on GOP scrutiny and Trump contract backlash → strong downside pressure
🧭 Technical & Sentiment Overview
Price Action: Below all major EMAs; 15m/daily charts breaking down
Momentum: MACD bearish cross, RSI oversold on 15m
Weekly Trend: Still bullish – could trigger mean-reverting bounce
Options Flow: Heavy OI at $120 puts, consistent sell pressure
Max Pain: $120 → bearish bias reinforced
News Flow: GOP/TikTok scrutiny, deal risk, broad tech pullback
✅ Recommended Trade Setup
Metric Value
Instrument PLTR
Direction PUT (Short)
Strike $122.00
Expiry 2025-06-20
Entry Price $5.60 (mid)
Profit Target $8.40 (+50%)
Stop-Loss $4.48 (-20%)
Position Size 1 contract
Confidence 75%
Entry Timing Market open
🎯 Trade Rationale
Aligns with cross-model agreement on direction and level
Captures max pain magnet at $120
Risk-managed with tight stop and defined 50% upside
Capitalizes on current negative news cycle + bearish technicals
⚠️ Key Risks to Watch
📈 Dead-cat bounce from oversold RSI on 15m
📉 Weekly trend still up — any bounce >$125 invalidates setup
🕓 Theta decay accelerates in week 2 → time-sensitive setup
🧾 News reversal or surprise PR from company can flip narrative fast
Long Opportunity for Palantir Technologies: Next Week Trading InCurrent Price: $127.72
Direction: LONG
Targets:
- T1 = $131.80
- T2 = $135.00
Stop Levels:
- S1 = $125.50
- S2 = $122.90
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Palantir Technologies.
**Key Insights:**
Palantir Technologies (PLTR) exhibits mixed indicators, with short-term bearish momentum counterbalanced by solid long-term support from government contracts and fundamental strengths. Breaking resistance levels at $135 could trigger a shift in sentiment and enable further upward momentum, providing opportunities for long positions. Monitoring critical support zones and broader market activity is essential.
**Recent Performance:**
Palantir has recently shown signs of short-term weakness, retreating from a prior high of $137.90 and closing below last week's price of $131.78. This decline suggests hesitation among market participants while leaving room for potential recovery based on favorable technical setups.
**Expert Analysis:**
Analysts remain optimistic about Palantir’s long-term viability due to its sustained pipeline of government contracts, a distinct advantage within the tech sector. However, resistance at $135 remains a critical challenge for the stock to regain bullish sentiment and achieve higher targets. While current bearish movements hint at caution, broader support above major moving averages signals resilience.
**News Impact:**
No new headlines have been identified as immediate catalysts for price movement. However, Palantir's reliance on government contracts underpins its stability. Tracking developments tied to contract renewals or expansions will be essential for assessing the stock's performance trajectory.
**Trading Recommendation:**
Traders should consider a long position in Palantir Technologies, aiming for a breakout above $135 while maintaining disciplined stop-loss levels at $125.50 and $122.90. A shift in sentiment and positive momentum could enable the stock to achieve upside potential with targets at $131.80 and $135.00.
PLTR eyes on $133.37 (again): Golden Genesis to BREAK this time?PLTR has made a round trip to our Golden Genesis.
Looking for a Break-and-Retest of this proven fib.
This time we should POP nicely after it breaks.
.
Full Frontal of its Genesis Fib:
See "Related Publications" for previous EXACT plots --------------->>>>>>>
.
PLTR Weekly Options Outlook — June 1, 2025🚨 AI Consensus: Bullish Momentum with Caution on Short-Term Overbought Levels
🧠 AI Model Highlights
🔹 Grok (xAI)
Technicals: Strong uptrend, riding upper EMAs & Bollinger; RSI = 87.
Sentiment: VIX stable, bullish AI headlines; max pain at $122.
Trade: Buy $145C @ $0.88 → Target $1.06 (+20%), Stop $0.62 (−25%)
Confidence: 70%
🔹 Claude (Anthropic)
Technicals: Overbought on all frames; volume spike on red bars.
Sentiment: Positive news, but gravity toward $122.
Trade: Buy $120P @ $0.88 → Target $1.76 (+100%), Stop $0.44
Confidence: 75%
🔹 Gemini (Google)
Technicals: Bullish breakout; 5-min RSI hot, but daily trend intact.
Sentiment: Strong $145 call flow.
Trade: Buy $145C @ $0.88 → Target $1.54 (+75%), Stop $0.44
Confidence: 70%
🔹 Llama (Meta)
Technicals: Bullish daily, short-term overbought.
Sentiment: Bullish, but recommends waiting for pullback to $130–131.
Trade: No immediate entry; consider $132–133C later.
🔹 DeepSeek
Technicals: Bearish MACD cross; overbought RSI; resistance at $133.5.
Sentiment: Mixed flow; expects pullback.
Trade: Buy $125P @ $1.80 → Target double, Stop 50%, Size: 3
Confidence: 65%
✅ What They Agree On
📈 Strong rally across the board
⚠️ 5-min RSI > 85 = overbought condition
🧲 Max Pain at $122 = potential late-week gravity
📰 Bullish AI sentiment continues
🔄 Where They Disagree
🔺 Bulls (Grok, Gemini, Llama) favor calls, especially $145
🔻 Bears (Claude, DeepSeek) expect reversion to mean via puts
📆 Llama urges patience, others suggest open entry
🎯 Target gains range from 20% to 100%
🎯 Recommended Trade Setup
💡 Strategy: Bullish Naked Call
🔘 Ticker: PLTR
🔀 Direction: CALL (LONG)
🎯 Strike: $145
💵 Entry Price: $0.88
🎯 Profit Target: $1.54 (+75%)
🛑 Stop Loss: $0.44 (−50%)
📏 Size: 1 Contract
📆 Expiry: 2025-06-06 (Weekly)
⏰ Entry: At Market Open
📈 Confidence: 70%
⚠️ Risk Factors to Monitor
RSI overheated — watch for early week pullbacks
Max pain at $122 could drag later in week
Time decay (theta) rises sharply after Wednesday
Negative macro or AI-related headlines could reverse flow
📊 TRADE DETAILS (JSON)
json
Copy
Edit
{
"instrument": "PLTR",
"direction": "call",
"strike": 145.0,
"expiry": "2025-06-06",
"confidence": 0.70,
"profit_target": 1.54,
"stop_loss": 0.44,
"size": 1,
"entry_price": 0.88,
"entry_timing": "open",
"signal_publish_time": "2025-06-01 15:47:31 UTC-04:00"
}
PALANTIR I Liquidity below 78 and OB. Target 160The liquidity cycle is not on, so I expect another pump will form soon.
Palantir Fundamentals in Brief
📍Innovative Tech & Diversified Base:
Palantir’s platforms—Foundry and Gotham—enable organizations to integrate and analyze large datasets, offering actionable insights. Their services span both government agencies and commercial enterprises, helping balance revenue risks.
📍Solid Financial Momentum:
The company’s consistent growth and its focus on long-term contracts highlight a path toward greater operational efficiency and profitability. Their commitment to multi-year engagements builds a reliable foundation for future expansion.
📍Investment Thesis:
In an era where data drives decision-making, Palantir’s cutting-edge technology positions it as a key player in digital transformation. Its resilience in adapting to market changes and a steady stream of contracts make it an attractive option for investors looking for a forward-thinking tech play.
This analysis underscores why many consider Palantir a compelling long-term investment, blending technological innovation with a strategic approach to market challenges.
Its ecosystem withing Ecosystem
What they are doing is unique, so now we might ask why other big tech companies are not doing the same. Well, here is my thesis, they nailed the specific sector.
Can Ford or Rivian be like NASDAQ:TSLA in EVs and FSD? No
Can Linux be like NASDAQ:MSFT Windows and Office? No
Can Microsoft Edge be like NASDAQ:GOOGL Chrome? No
Can AMD be like NASDAQ:NVDA ? No
Can Walmart be like NASDAQ:AMZN in E-commerce and Fulfillment? Nope
But that's not all
Peter Thiel, Palantir &PayPal co-founder, has been a mentor and major financial supporter of J.D Vance. Their relationship began around 2011 when Vance attended a talk by Thiel at Yale Law School, which inspired Vance to pivot his career away from law. Vance joined Thiel's global investment firm in 2017 and later worked at Thiel's venture capital firm, Mithril Capital. Thiel played a crucial role in Vance's political rise by donating $15 million to Vance's 2022 Senate campaign. This financial support helped Vance secure his victory. Thiel introduced Vance to former President Donald Trump, leading to Trump's endorsement of Vance for the Senate
His web of power is huge
Clark Minor, a 13-year Palantir veteran, is now RFK Jr.’s Health & Human Services Chief Information Officer.
Gregory Barbaccia, Palantir's former Head of Intelligence and Investigations, was hired as Federal Chief Information Officer
Jacob Helberg, a senior advisor to Palantir, was appointed as the Under Secretary of State for Economic Growth, Energy, and the Environment
Shyam Sankar, Palantir’s Chief Technology Officer is reportedly being considered for a high-level Pentagon job guiding research and development
Anthony Jancso, George Cooper and one other engineers have been associated with DOGE recruitment effort ,and they are former Palantir Forward Deployed Engineers
Greg Little, one of the first Pentagon officials to run CDAO, joined Palantir as a senior counselor in August 2023.
David Spirk, who served as chief data officer at the Pentagon and contributed to the creation of CDAO, joined Palantir as senior counselor in July 2022.
Maura Thompson, who held various logistics positions at CDAO and the Joint Chiefs of Staff, is now a deployment strategist at Palantir.
Trevor Austin, who worked as a Palantir engineer early in his career, is now CDAO’s acting chief technology officer.
Will Thibeau, who worked as deployment strategist at Palantir, later did a stint at CDAO as a policy analyst.
Joseph Larson, who headed AI policy and strategy at Palantir, went on to serve as a deputy chief at CDAO.
Matthew Turpin, an advisor to Palantir, served as the director of China for the National Security Council in the first Trump White House and as senior China advisor to Trump’s then-commerce secretary
Wendy Anderson, an executive with Pentagon experience who joined the company in 2020, holds the title of senior vice president of federal and national security.
Alexander Alden, a veteran of the first Trump administration who joined Palantir in 2021. Described as a “Trump loyalist,” Alden served as a special assistant at the Pentagon from 2017 to 2018 before becoming senior director on Trump’s National Security Council, responsible for emerging technologies and defense policy.
Jamie Fly, a former aide to Sen. Marco Rubio (R-Fla.), Trump’s newly installed secretary of state. Fly served as a foreign and national security affairs advisor to Rubio from 2013 to 2017 and did an earlier stint in the George W. Bush administration at both the Pentagon and National Security Council. He joined Palantir in August 2023.
Geof Kahn, a Central Intelligence Agency veteran who worked on the transition team for the first Trump administration, assisting then-Rep. Mike Pompeo (R-Kan.) during his confirmation process to be CIA director. Kahn later served as senior adviser to Pompeo and the CIA’s chief operating officer. He previously spent five years as policy director for the House Intelligence Committee from 2011 to 2017. Kahn joined Palantir in January 2023.
--Palantir Federal Advisory Board Members
The Honorable Christine H. Fox - Former Acting Deputy Secretary of Defense and Former Assistant Director, Policy and Analysis, Johns Hopkins University Applied Physics Laboratory.
General Carter F. Ham, USA (Retired) - Former Commander, United States Africa Command, and Former President and CEO of the Association of the United States Army.
The Honorable Deborah Lee James - Former Secretary of the United States Air Force.
Admiral William H. McRaven, USN (Retired) - Former Commander, United States Special Operations Command, and Former Chancellor of the University of Texas.
Vice Admiral Peter V. Neffenger, USCG (Retired) - Former Vice Commandant of the United States Coast Guard, and Former TSA Administrator, United States Department of Homeland Security.
The Honorable Jeh C. Johnson - Former Secretary of Homeland Security at the Department of Homeland Security and Counselor to Palantir.
Dr. Deborah L. Birx - Former Coordinator of the White House Coronavirus Task Force, and Former Ambassador-at-Large of the President’s Emergency Plan for AIDS Relief (PEPFAR).
The Honorable Will Hurd - Former Representative of Texas' 23rd District.
General Gustave F. Perna, USA (Retired) - Former Chief Operating Officer, Operation Warp Speed; Former Commander, Army Materiel Command (AMC), U.S. Department of Defense.
Mr. Greg Simon - Former Executive Director of the White House Cancer Moonshot Task Force and the Biden Cancer Initiative, and Co-Founder of the Melanoma Research Alliance.
Im looking forward to the constructive discussion and also looking forward to the hatters. You are all welcome.
David Perk
PLTR eyes on $133.37: Golden Genesis fib that could mark a TOP PLTR with a ferocious recovery from tariff tantrums.
Bounce into All Time High has hit a Golden Genesis fib.
It is in tight confluence with a Golden Covid for strength.
$133.27 is the exact Golden Genesis fib.
$129.74 is a Golden Covid fib reinforcing.
$121.86 is the first strong support below.
Previous alert given at sister Golden Below:
=================================================
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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.
PLTR Just Exploded – Will Gamma Resistance Cut the Move Short/🔍 PLTR GEX Daily (Options Sentiment Outlook)
Palantir ( NASDAQ:PLTR ) had a huge move on Friday, closing at $131.78 — up 7.73% and officially breaking out above recent consolidation. This move punched right into the call-heavy zone between 132–138, where GEX suggests dealers will start to hedge more aggressively.
Here’s what GEX is saying:
* 🟩 Major call walls at 133.5 → 138, where dealer hedging can cap upside or create a gamma grind.
* 🟥 Below, strong put walls at 121 and 118, now acting as support buffers.
* 🧊 IVR 27.8 – still relatively low, with room for expansion on continuation moves.
💡 Option Strategy Ideas (GEX-based):
* Bullish: If price holds above 130, play for momentum into 135–138 using Jul 19 135c or 130c/140c debit spread.
* Bearish Hedge: If we lose 130 quickly, look for mean reversion down to 126–122. Consider Jul 19 130p/122p spread.
You’re in the zone where gamma pinning starts — price could stall or chop unless volume stays aggressive.
🕵️♂️ 1H Structure (Swing & Intraday Game Plan)
Looking at the 1-hour chart, PLTR printed a textbook CHoCH → BOS move, breaking through descending structure and confirming the breakout with serious volume. We’re now in the purple supply zone, consolidating just under 131–132 after a strong push.
Key Levels:
* 📦 Demand support: 126.7 → 122.5
* 🟣 Supply reaction zone: 130.7 → 132.5
* 🟢 Breakout target: 138 next if price clears 133.5
📈 Swing Plan:
* Long on retest of 130 with support → ride it to 135–138.
* Stop loss: under 126.7 demand zone.
📊 Intraday Scalp Plan:
* ✅ Buy dips into 130 or 128.5 if price holds bullish structure.
* ❌ Fade near 133.5–135 only if rejection shows — scalp short back to 130.
Intraday, bias is bullish as long as we hold 130. But overbought conditions could cause a short-term pause or pullback.
🧠 Final Take
PLTR is one of the few breakout names this week with clean GEX upside room and confirmed bullish structure. But you’re entering dealer territory, so don’t chase blindly. Look for controlled entries on pullbacks or base building above 130.
⚠️ Disclaimer:
This is for educational purposes only, not financial advice. Always do your own research and manage risk before placing trades.
Palantir (PLTR) Grows With Expanding AI DemandPalantir Technologies Inc. (PLTR) builds software platforms that help organizations analyze data for better decision-making. Known for serving both government and commercial clients, Palantir’s tools are used in defense, intelligence, healthcare, and finance. The company’s growth is driven by increasing demand for artificial intelligence and data-driven insights, especially as more sectors seek to harness big data.
The chart recently showed a confirmation bar on rising volume, pushing PLTR above the .236 Fibonacci level and into the momentum zone. This signals building strength and growing buyer interest. Traders tracking this move may use the Fibonacci snap tool to mark the .236 level as a trailing stop, offering a smart balance between staying in the trend and managing downside risk if the momentum fades.
[PLTR] break out trendline set up (daytrading) On the H1 chart, we can see a breakout of the downtrend line followed by a retest — a sign that the uptrend is continuing.
I opened a call option near last trading hour today, depending on what I feel comfortable with tmr i would close the position
I won’t hold overnight since the option expires this week.
PLTR – Breakout Setup in Motion🔹 Buy Entry: $131 - 132
🔹 Stop Loss: $120.80
🔹 Current Price: $131.78
🔹 Target (1:3 R-multiple): ~$162.80
🔹 Risk/Reward: Strong – clear breakout from tight range with increasing volume.
🟢 Why This Trade?
• Clean breakout above prior highs with strong momentum (+7.73%)
• High volume confirmation
• Supportive moving averages stack (20EMA > 50MA > 200MA)
• One of the strongest setups in the sector
• Strong institutional backing & tech tailwind
DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.