Round and round she goes. Where will she stop? Nobody knows...
Love using monthly time frame. We're coming to a point where PLTR will break out the first half of the year. My best guess is up given typical macro trends during intra-election years. Although as always it's anyone's guess as it could break downward if we learn of a negative macro event such as a large war or another major country's economic collapse. Anything is...
PLTR has come a long way from speculation and misunderstanding. I have been following PLTR from it's IPO and have been happy to see that the mainstream is open to listening and hearing the leaders of the company break down the importance of their mission and product, and have thus far succeeded (not without serious pushback). The difference between this year and...
I run my analysis from a fundamental POV. Not taking into account only a companies profitability and ability - the overall market as well. There's a lot of downward pressure, in addition to twice as much uncertainty. Up will not be the direction as there's just not enough conviction in the overall market. I think we'll be retreating down to the support,. 16-17...
Struggling to keep at current levels as shown by the H&S pattern. We've gone up over 100% this year. Down she comes for a nice reset to buy back in. Keep in mind that this company flows tightly with the macro economy. So when there is overall fear in the air, selling off occurs significantly. That said when things are looking up price movements are significantly stronger.
Prices have been floating upwards for a bit. Folks seem to forget the macro environment we find ourselves in. When will we be reminded is the question. Perhaps we'll move a bit higher. Though for now we continue to travel within a channel.
Good luck all. Prepare yourselves. Cash is now king.
Fed raised rate this month. They're doing what they said they plan to do. There will be more raising of rates. I mean, who else is going to pay for all this wasteful spending? Let me tell you, it ain't our elected politicians. Buckle up boys and girls. There's going to be a lot of moving around of money. Where will it land?... I see accumulation below the...
Lots of amazing headways for Palantir itself. Lots of opportunities being seized during these tumultuous times. That said, I believe the macro headwinds have other plans for the price of the stock. I find it quite interesting how inverse the price to company is. I can't wait to buy under $5.
Noticing some bullish signs and respecting support and resistance... Looks like upward movement for earnings. Afterwards of course is uncertain. There is good reason to be optimistic about earnings in any other state of our economy. That said, should the price movement remain bullish I imagine my conviction will go unchanged.
Tesla bull here just looking at a head and shoulders pattern. I think we will see 215 pretty soon. Whether or not we'll bounce or immediately break support, I am unsure. But the media is going to continue bad press about Elon. And God knows the public/average investor will eat that shit up like chicken fried rice at your favorite Asian take out restaurant. We're...
Zooming out is the best way to get an idea of general a stocks direction. On the day of the 700+ million dollar contract with the US army, volume spiked, which gave momentum to push past a year and a half long resistance. Given this, it looks as though we MAY see a trend reversal (idk I'm not a pro - I've only been analyzing stock patterns for 3 years on and off...
The more things change the more they stay the same... but something is different this time (maybe?). Palantir has always, since post hype run, relied on earnings for its trend movements. So that may well be the case this time 'round. One factor that stands out from previous earnings calls is the institutional ownership. It is now 40%. That is significant. Big...
Remember, "winter" lasts a while in crypto land. I am by no means saying the previous flat period is how long the current one will last. The comparison is for visual comprehension. During these long sideways movements is when it is best to DCA. This is not trading advise, just some perspective on how patience can pay off. Back to old highs equate to almost 600%...
Technicals are saying we're going out. In think earnings will be the catalyst for continued bear trend. Unless we're absolutely blown away by earnings of course. But PLTR. Has only given us steady/expected growth. I'm long forever. Good luck all.
If reverse H&S confirms...Next target is .000017 Good luck all!
Hitting resistance. Volume not strong enough to break away. Dead cat bouncing it seems. I'm long all the way down. Good luck all!
This pattern usually occurs during high volatility times. We're also not out of these downward moving channels. Volume decreasing after some impulsive moves up. They call this a dead cat bounce.