PLTR: H&S and Bear FlagJust a little tech analysis on the short term 4H here before next week.
Not trading advice.
PTX trade ideas
Palantir almost ready for a huge Rally.Looking at the Palantir charts and at the performance of the stock during the lockdown and during jabseason.
i can see that it has a huge impact on the price.
price bounced back reaching a strong Demand area which will push the price.
down trendi would not trade this ticker untill earning result.
it is like gambling to bet against the trend.
if it break the trend line and close above 15 i would buy it in term of trend change. otherwise down trend is sentiment. and u would not buy in down trend.
Palantir Pullback VisualizedChances of upcoming intensive pullback are high.
Dynamics since the beginning of the year: -22%
Current level compared to all-time high: -68.4%
Since the beginning of the year, Palantir shares have fallen 22% in the face of a sharp revaluation of tech stocks.
The paper ended yesterday's session at $14.20, about 68% below the all-time high of $45.00 recorded in January 2021. Based on the current value of the shares, the company's market capitalization reaches $28.4 billion.The strong decline in Palantir's stock, which saw the company's market capitalization shrink by two-thirds, seems to us to have created a buying opportunity given the positive outlook for higher revenue growth driven by increased demand for data analytics software.
Palantir's average target price is around $24, which means upside potential of 66% from current levels over the next 12 months.
$PLTR - BEARISH F FLAG SETUPRSI now in overbought territory with a bearish F flag setup. Short at the break of flag.
PLTR: One more drop before earnings?Should the price be incapable of breaking shoulder resistance and the RSI unable to show momentum, we may break down to original IPO prices. I'm buying now and if more if this occurs.
Timeline for this price movement can occur sometime next week. Allowing time to consolidate prior to earnings on the 17th.
The market has been responding well to big tech earnings. Meaning focus can be shifting away from macro economic fears.
If we have an exciting and successful earnings, this can be the catalyst for a trend reversal.
My opinion and not advice.
Risk 1:1, Potential triple bottomDownsides:
After-hours trading which is riskier than normal trades.
Potential pullback to 12 which makes this setup more risky
Upsides:
Market is being pulled up through AMZN's cloud computing businesses which is a sub-factor of PLTR business direction.
Triple bottom if it dips to 11.9-12.3 range (signifying buying strength).
PLTR ready for another ride? i hope this wild company gets a second shot in the bullmarket cuz they are chaning the world
Middle finger pattern in stock prices It is evident that a pattern like Middle finger can occur on the prices of Equity, commodity, and crypto-assets. It's important to understand the dynamics of the pattern and what it signals.
Usually, when the original Middle finger pattern occurs, it means an... signal for buyers
When the Inverse middle finger occurs, it means a... signal for sellers
This pattern is common, and It would be good for a trader/investor to account for the signals and risks of the pattern
PLTR still downdown down down, would be surprised if we didnt see this sub 10 bucks here at some point. decent value buy long term if youre into that sorta thing
PLTR: May have strong trend reversal off top of main trend lineThis is not advice and just what my eyes see and my plan to go long (5-10 year investment)
Good luck all
PLTR: low stock price, high convictionHow strong is your conviction. Did you sell Tesla after it had been moving sideways between 30 and 60 dollars for 5 years straight (pre-split!), or did you hold? Now, legacy car companies are scrambling to push sub-par electric vehicles out onto the market in order to compete.
I believe PLTR has a one of a kind software 5-10 years ahead of the game (same as Tesla was with EV). And misunderstood just as Tesla was. Other established AI software companies see more value in using PLTRs operating system as opposed to their own SATL & BSKY to name a couple. Palantir is dropping seeds in the commercial sector just as they had done with the US government over the past 17 years. We all know they're here to stay.
At some point some may argue Google can be a strong competitor to Palantir because they're capable of it. This may be true from a technical standpoint, although I'd argue that, just as AI is growing in want/necessity, so to is privacy. On a social stand point, all companies, particularly startups, have a need to ensure their product or service remains proprietary, just in one example. Who would you trust with the handling of your data, I ask, between Google - who stores, sells, makes use of your data? Or Palantir? Who does none of that, and protects said data in favor of the companies using PLTRs operating system.
So, this is just my opinion and not trading advice. I'll HODL and buy the dip until my final rip.
Cheers.
PLTR Flip TimeAnother up or down opportunity. I would think up but what do I know. PLTR is considered kinda meme by a good long term hold potenitally but when I say long term I mean like +5 years but I do believe we are seeing a good buy opportunity for short term plays
PLTR So much for the growth stocksArk Invest sold more than 2Mil shares of PLTR yesterday.
The options are also slightly bearish ahead of the February earning call.
Palatir Technologies expects fourth quarter revenue of $418 million with 2021 revenue growth of 40% to $1.53 billion.
The earnings are still negative, so looking at the mk cap, PLTR is trading at 16.6 times revenue.
Maybe a pullback to 9-10X revenue would be healthy.
My buy area is between 8,8 and 10.5.
looking forward to read your opinion about it.
Palantir Buy swing tradeHey all, Palantir seems to be oversold. We can expect a bounce to $18.
Targets: 15, 16.5, 18. Moving stop loss after the price reaches the first target.
Not financial advice. Do your own analysis/research.
PTLR ABOUT TO RISEPTLR is in the buy zone and about to turn around. I am making a buy and taking profits at $16.60 when it passes 17.14 I am buying and taking profit again at $22.30 and again in the $26.50 ranch which it should be reversing..
History has shown us that resistance support are strong in these price ranges. We will see!
In this market it may bounce between the last and second level but eventually make it over $26.52.
$PLTR Would love to see this bounce!I think the fundamentals are great but for technicals, I would wait to see if it bounces from $11 and base around 14-15$ area for a long position (short-term). Below 11$, I think this one is a steal. Good for long term.
Disclaimer:I've been accumulating for long term
at resistance zone, rejection soon🔻pltr at this trend resistance area, also at local rsi resistance, we should see a rejection then dump below support soon.
price targets are 12.04-11.16-10.28
like and follow for more! <3
PLTR can trade under 5Endless mockery and abuse for saying this when it was 25. Hopefully we are allowed to talk about the risk now.
PLTR nearing the end of the capitulation swing, but after that the market can slow bleed for a long time and go lower. Typically this type of boom leads to a 90% drawdown from the high.
Palantir long according to MFII wanted to get this out there quickly, as I think it's going to bounce fast up. Money FLow index bigtime divergence on 30m bars. Tight stop just under $18 at like $17.80, because there is a descending triangle that has also formed on a longer timeframe and it's a very bearish and it scares me. Tight stops to protect yourself. This is either the bottom or the start of another leg down.
PLTR. This Future Move Makes Sense. RE-POSTED.NYSE:PLTR was in a rising wedge before it made the recent 43% drop. Now, on the weekly, it appears to be forming a falling wedge . What this means is that we see at least one lower low, before we can break the top of the falling wedge , and eventually reach all time high. Currently, the falling wedge is not confirmed because we have only two touches on its bottom side. Moreover, RSI is sinking lower and lower with each new low. We wait to see a lower low corresponding with a higher RSI low, forming an RSI divergence. When that happens, then we have a trade setup with 80% to 100% upside, depending on where bullish confirmation occurs. For now, we just wait and see.
