Those who "bought the dip" need more patience. We are at beginning stages of forming a new price trend. Here is where DCA-ing becomes my most powerful ally as a long term investor. The support line that was in play for the past 2 years has been broken. This is now a very strong resistance line. Respect it. Success to all...
Weakness is clear technically It's time. About to cross down on the MACD for the first time in almost 2 years (on the monthly timeframe). Momentum lost. Prepare for lower 120's at least in my opinion. I'm not giving you trade advise don't take this as such.
The US market is preparing for further correction it would seem. There's just not enough people buying - let alone trading volume in general. This may look like a "double bottom" prior to earnings. But technically, on the weekly, we have already crossed down on the RSI and the MACD looks as though it will follow suit next week (perhaps after...
Nobody knows what will happen in this market. And anyone telling you what they believe is a certainty is lying to themselves and you. Times such as these require patience. I can see only very short term possibles. Even then, things can change on a dime macro-fundamentally. The company is a gem and I'm fully onboard long term. On a short term technical basis, it...
more government money to flow in on top of a growing/expanding commercial sector. Those that sold out of fear of a shrinking government sector (i.e. Mama Cathie) jumped the gun and did not show patience or conviction. I hold firm to my long term belief that we are looking at an increasingly important software company that solves problems for people, companies,...
On the daily - and hopefully the weekly to follow - it's a parent that there's been decreasing momentum since the stocks inception. At the moment we are coming up to a trend line on the RSI which has yet to be broken. In addition to what seems to be a bottom, we may see a trend reversal bolstered by so much momentum coming in as shown in the RSI and macd. The macd...
Dot continues on bottom trend line after double bottom supercedes double top. Let's see if the market reacts. Good luck. Not trading advice
Coming to a major support on the monthly! Lots of volume and a stressed out retail investors. I believe there certainly will be a bounce Do you think we will see a reversal or continued downtrend?
Earning coming up and a good bit of news of partnerships and contracts have come up. This is a long play for me as batteries are becoming increasingly important and the TAM only increases with each passing year. This is my short term price action guess. Not trading advice.
We're bouncing off at pivotal support today. Algorithms are triggered to buy.. rest assured sell off will continue as Palantir is particularly affected the macro economic environment. Keep in mind that although Palantir and many other stocks are falling. Palantir is made for times of chaos and uncertainty and their product is needed in them. Sometime soon (this...
Joking. I like Palantir as a company and will continue to buy... but boy the market really doesn't like it when I do.
Based on a previous analysis I posted pre earnings - I was hoping the price would reach top of the blue trend line before earnings. We did not do that and from a technical stand point, it makes sense for the price to move further south. Certainly towards IPO prices and maybe lower. My opinion: On a fundamental basis my conviction only gets stronger. I can't see...
What do you guys think about Roku? Time to get in or what? I like the price here based on technicals. ROKU is a strong competitor to Netflix, HBO, etc.
Just a little tech analysis on the short term 4H here before next week. Not trading advice.
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....
This is not advice and just what my eyes see and my plan to go long (5-10 year investment) Good luck all
How 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...
Broke out of upward channel and found support. May find quite a lot of resistance around $4500 We could be seeing a sucker rally occuring now. I'm waiting to buy.