Yes, as we said yesterday, something great happened today! PLTR is doing a lot of good movements, all very technical and precise. As we warned about yesterday, the 25.55 was a breakpoint for PLTR, and once broken, it opens room for a bullish momentum. Once again, we are above the 26s, and we are heading to the 30s. We just touched the resistance at 26.22, and...
In the 30min we have a trading range between the 25.05 and the 25.55, and to the side it breaks, we’ll see a big movement afterwards in the breakout’s direction. The RSI is enigmatic, and don’t give us any clue about to which side it’ll break. PLTR is in a slow bull trend, but if it breaks the 25.05, it’ll most likely lose the red line and it won’t hit our...
Strong, strong evidence of an impulse start on Palantir after previously surprising us. We evidently pivoted and are drawing higher highs in regular intervals. What's next? We are ready to bet that this one is going higher. This is a reflection using technical analysis + only and we do not consider valuation and macro factors at this stage. The Fibonacci...
Hey, guys! Yes, PLTR can break the 26 target and hit the 30s next! It’ll all depend on how it’ll deal with this pivot at 25.55 in the 30min. If breaks this point, I believe it’ll break our target at 26s, and the 4h chart shows a similar idea: The pivot at 25.55 is also a trigger point for the hammer seen today (black arrow). PLTR did this pattern in a support...
As Crab harmonic pattern rules, D point (BC Fibo Ext 261.8%-) was point to take an appropriate long position. TP-1 = 25,09 (CD Fibo 38.2% ) - Taken. TP-2 = 30,48 (CD Fibo 61.8%) / %19 profit if the stock maybe goes up Crab Harmonic Patterns rules B Point = Crab pattern begins with an impulse leg / XA Fibo =38.2% <78.6% C Point = AB Fibo 38.2% - 88.6% D...
PLTR almost hit our target at 26, and I still think it’ll hit there, but we have a correction first. The RSI was too overbought this morning, so, that was expected. Now the 25.04 is a breakpoint for us, and if PLTR loses it, the advanced breakdown on the RSI will confirm. This could make PLTR drop to the 24.60 area in the 4h chart. We have the 20ma and the...
Yes, PLTR what we said yesterday, and it broke the 24.93! It even did a pullback to this point (and the 20ma) to give us another chance to buy. Now PLTR is just going up and we have a bullish momentum in course. If it falls again, probably it’ll react and give us another chance to buy. Although we are still in a congestion, PLTR has been breaking its pivots, so,...
Yes, PLTR did the pullback as we expected, and it hit the target we mentioned yesterday. In the beginning of the day, PLTR opened outside the BB, but it closed the first candle inside it, indicating exhaustion. It also hit the support we talked about in the 4h chart. But before we switch timeframes, look at the pivot at 24.93. If PLTR breaks it, probably we’ll...
Palantir found support at 20.30. Next resistance at 24.22, if that breaks to the upside I expect testing of 27.44, if it breaks to the downside I can see it testing 20.30 again. Bullish.
Ok, PLTR was doing just fine, but it did this immense red Marubozu in the 30min chart, at 10am and this destroyed the bullish thesis (but not for good). Yes, PLTR is still a great company, but that doesn’t mean we shouldn’t see pullbacks around, especially with the Nasdaq doing some bearish patterns around. This made PLTR lose the support at 24.68, and this might...
Palantir NYSE:PLTR has squished itself right next to resistance at $25. What will happen at market open? Could being added to the Russell 3000 give Palantir enough volume/momentum to make it across this key resistance level?
Yes, PLTR did break the point we mentioned last week, and now it is almost 1 dollar away from our target. Even with a RSI divergence, PLTR triggered the ascending triangle, and now the 26.22 is our next stop. PLTR is a great company, which I like to trade, but I also invest at it. For now, I’ll assume it’ll hit our target, unless it loses the 24.68 again. Then...
Hey friends! Fundamentally PLTR company is very valuable in my opinion. Despite the fact that their products are very expensive, the company is unique. They have won many government contracts and are becoming a fundamental analytical company already. In PLTR 2 scenarios for me right now. 1.Nice accumulation since 27 may could release strong impulse. (scenario...
Ok, PLTR did break another pivot at 24.33, and it hit the resistance at 24.68 again. Now, the situation seems pretty simple: If it breaks the 24.33, then our next stop is the 23.51. If it breaks the 24.68, then we’ll keep climbing to the 26. There’s an ascending triangle in the 4h chart, and this favors long trades. But we still have an divergence on the RSI,...
First target check! last update: PLTR needs to take a breath. Market participants want a retest of the blue zone. Targets to the downside: - 23.60 - 22.10 - 21.14 I dont wanna see a break below 21:14. 18.80 would be the last line of defense. Buy zone 21.14 - 22.10 A break above 25.36 would make the scenario invalid. Then I expect an attack on 26.94
Yes, PLTR is doing some good patterns around! It hit the 23.51, and it went outside the BB, but it quickly went back in. The RSI was around 30 this morning, and this was a very good sign. PLTR just hit the 20ma that we talked about yesterday, and we have a candlestick called hammer. If PLTR breaks the 24.39 it’ll trigger this pattern, and PLTR might just keep...
PLTR needs to take a breath. Market participants want a retest of the blue zone. Targets to the downside: - 23.60 - 22.10 - 21.14 I dont wanna see a break below 21:14. 18.80 would be the last line of defense. Buy zone 21.14 - 22.10 A break above 25.36 would make the scenario invalid. Then I expect an attack on 26.94
Ok, PLTR broke the red line now, no excuses this time, and we have an advanced breakdown on the RSI. This increases the odds of a correction, and this would be great for PLTR. We have another divergence on the 4h chart RSI as well, but the 20ma is getting closer, and it is at 23.64 rn. This kind of ruins my idea of buying PLTR at 22, but that’s ok. I’m...