PLTR TAPLTR last night is on bullsih momentum and it is about to break its current resistance. Bought @9.98 level as the golden cross is about to cross and start to gain momentum.
PTX trade ideas
PLTR - Long Entry Zones & Possible Reaction Profit AreasHere’s what the RDTS is revealing for PLTR:
Strategy 1:
This move will most likely stall around 14-16 and spend 1-2 weeks in this range. From there it will roll over.
Little tough to project where it will find “support” on the downside move. At this time we are preparing to start to DCA around 6-7.
For it to get to this range momentum will have to shirt short, this will also cause the RDA to level out.
Strategy 2 (aggressive)
This strategy is based on the expectation that the value range between 6-11 is going to hold and the price action we see right now is a not a false break from this range.
In this scenario, entries are at area 2 outlined on chart.
If price does not reach the 15-16 zone then and pulls back then 15-16 is first target profit zone.
If BIAS and MOMENTUM remain LONG then there are 2 ultimate targets. 26 and 29-30. From there I anticipate it will sell off fierce and hit 16 again.
Timeframe for all these, who knows, we trade charts as they unfold. I’ll update if I enter a trade here and my trade management takes 20-30 seconds.
The RDTS is a predictive always in trade system. We base our trades on the momentum of the market (white & orange) indicators thru rules reveals the momentum of the market. For BIAS, LONG or SHORT we use the RDA (yellow) . This is a free indicator you can add to your own chats.
From there the RDTS is based on concise and clear price action rules. I can’t stress enough, the system is a prediction system, it predicts on a chart where to look for reactions. We trade around these reactions.
Ask questions or share thoughts below, I will respond.
Palantir - Long-term RallyI think the charts and fundamentals clearly state that PLTR is building the right momentum to reach $25 soon. I wish for $500 in the 5-year time frame. Their applications are in many areas.
PLTR AnalysisPrice did not play out as analyzed last week. Price took the buy side liquidity instead of going lower and fill the fair value gap. Right now, price is over extended and I'm expecting a bearish retracement into the bullish POI at 10.30 after hitting the current bearish POI.
$PLTR NYSE:PLTR
Currently trading above 50DMA/100DMA/200DMA ;
Golden cross on daily between 50MA (orange) & 200MA (green);
Fibonacci weekly retracement (ATH 45$ > ATL 5.92$) > 0.382 - 0.50 - 0.618 (resistances);
Range breakout : 16th February highs (10.31$) & 13th March lows (7.14$) .
Generated Fibonacci extensions to spot next potential targets (1.272 ; 1.618 ; 2.618);
In case it pullbacks, bulls want to hold 10.31$ for the next push higher;
Supports : 9$ psy level, 10.31$ (key level), 11.39 ; Targets : 11.39 (1.272) > 12.85/94$ (cluster zone/ 1.618 + 0.382) > 15.29$ (AVWAP) > 16.32 (50% weekly fib retrace) > 18.68 (2.618) ;
ATH 2021 Anchored VWAP(white) at 15.29$.
$PLTR Bottoming baseNYSE:PLTR Bottoming base, broke horizontal resistance level. Now it needs to consolidate to break through the next horizontal resistance level. NASDAQ:QQQ
How to Get paid to buy stock w/ puts : Palantir (PLTR) exampleSelling or writing options on stock is a way to get paid to buy at lower prices. it is not risk free. But if you already want a stock at a lower price, its a way to get paid to wait and do so.
In the video we look at selling a put at 6 strike for 21 cents (x100), so collecting 21 dollars for 600 worth of stock.
Also, we choose our strikes based on valuation, not charts alone. Valuation is where we estimate the value of the business today and over time.
i.Wish PLTR pull back to $9Bank of America research teams continue to see Palantir (PLTR) among the top public players in the world of artificial intelligence (AI). The recent proliferation of generative AI and large language models (LLMs, like ChatGPT solutions) has fueled demand for enterprises and governments to integrate these solutions into business. However, these institutions usually have compliance, regulatory, ethical, legal, privacy rights, data security, and accountability/oversight requirements. From 20 years working with the CIA, Palantir is in a unique position to implement these new technologies in line with the requirements.
PLTR recently unveiled demos for its AIP (Artificial Intelligence Platform). PLTR has shared that the customer demand response for AIP is unprecedented with over 100 Fortune 1000 companies interested. AIP will be rolled out
this year to a select group of customers. However, there is no pricing strategy for AIP yet.
PLTR - breaking out from base PLTR had been basing in the past 1 year and is now attempting to break out above the neckline @ 11.62. During this basing, there were some strong volume accumulation in Feb and then again in May (both times earnings inspired).
A breakup on strong volume is always desirable and increased the odds of a sustainable rise, with near term target @ 14.50 (and good odds to rise further eventually). Any near term retracement after the breakup should ideally not bring it back below 11.60, as this would affirm that the neckline has then become the new support as it begins to trend. Whether this will happen remains to be seen though, and a "breakup and retest" (if it happens) will offer a lower risk opportunity to Long the stock close to neckline with initial stop loss placed slightly below.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Long $PLTRNYSE:PLTR broke out of trendline, took resistance at previous high, took support on previous resistance. Now moving again. Buy with Swing low SL.
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...
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).
PLTR stock: do you have the patience for 700% gain in a decade?Do you even patience bro?
do you have the patience to wait 10 years to let a stock work for you?
what if you were staring at a huge gain in your account? could avoid the urge to sell?
#peterlynch #growthstocks
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
