Palantir looks good if we can see a break with volume above the $25.59 AVWAP. OBV indicator bullish and I like the 8EMA crossing the 21MA indicating a further move to the upside. I'm long the 9/17 $26C , will close if there is rejection at the AVWAP due to timing.
A few words about palantir: My point of view has changed a bit. A few weeks ago I mentioned a small bearish formation, but palantir invalidated it with a gap up island. This is a good sign of more upside pressure. The chart shows the first signs of a developing channel. May 11th is considered to be a trend change day. Since then, palantir has been running very...
Palantir: Key level 27.56. Then we can assume that we are in a wave 3 with a target around 37.66 - 39 USD. Its important to stay above 22.36 & within this channel.
Palantir stock was trading lower on Thursday but still holding the bullish tone established since a strong earnings report last week. It also doubled its free cash flow forecast from $150 million to $300 million and outlined strong details of new customers and revenue generation from existing customers. Interestingly, the company also disclosed that it had spent...
Everything is on the chart, aside of having some other buy side algos kicking in, basic chart geometry suggests potential upside swing to the golden zone above. Everything is on the chart. Entering small risk position and watching for new higher lows... What do you hear? Nothing but the rain. Keep calm.
What kind of super tech future company is adding gold stacks? This one... #ponzi #pogs #stonks NOMO FOMO *valuation matters #holdforbroke
Palantir Technologies Inc. (PLTR) is trying to pull back to a demand imbalance on the monthly timeframe located around $11.42 per share. Palantir stock price has been stalling and stagnating for a few months since last February 2021 after the stock surged to all-time highs at almost $45 per share. It’s likely that you’ve already heard the news that Palantir...
I haven't talked about Palantir since March 2021, I was certainly expecting better performances, but I am staying absolutely long for the long term. The reasons why Palantir is a must-have stock are many and will be analyzed more carefully for the private group participants (stay tuned because there will be a special price at the launch), you just need to say...
PLTR setting up for an interesting move. 22.68 is a big pivot point if it breaks this we can see a run back up to 27.
Technically, PLTR is in an uptrend now with registered higher high and higher low. The good quarterly report today pushed price up to an intermediate resistance. Might see a pullback to close the gap, but that could mean better entry for us. Target profit 1 set at $27 i.e. next resistance. Will observe price action again to see if target profit 2 ($31 area) is...
So I plotted this fib retracement a while ago using all highs and lows since IPO. I also plotted out a trend line that seems to have been an interesting level between the 618 and 50 fib levels. Today's update included an extension of that trendline (in dotted orange). The interesting part of it all is that this remains a key level on the chart and is almost...
PLTR is in a bearish ascending triangle. Will open up a short position once we break through the support and place a s/l just above the support to ensure it isn't a fake breakout!
Please see targets for Palantir. Any feedback is welcomed.
Palantir is not really moving. At the moment it looks more like a small downtrend continuation. Here you can also see a potential bearish wolfe wave with an evolving 5. If this wolfe is activated, we could create a new low between 19.40 and 16.52. Only when we exceed 24.91 - 25.33 we can speak of an invalidation of the bearish formation. So the question is whether...
Perfect time to jump into PLTR, low price, great earning expectations, gap fill at $32. I believe Palantir will be $60+ at year end :)
This is an update of the Palantir stock chart posted on Apr 10, 2021. PLTR has made a first higher high (4H) and MACD is positive. Ichimoku is narrowing, which is a good sign that the price is reversing from its downtrend. For a more conservative viewpoint, waiting for the MA's to cross on the daily would be confirmation of a sustained up trend. Break of the lower...
Overview Looking to take a long on PLTR. Price went under the support area (lower green line) and reclaimed it. We have also a nice confluence with the 50% Fib level there. I plan to go long when the support line is hit again. Target is the upper green line where we also can see a gap. If Stop- Loss should be hit, i plan to open another long at the 61% Fib...
PLTR reached my yellow zone that I called out a few weeks ago.. we could see 19.40 - 17.32 again. So far not a real sign of strength. old chart: