PALANTIR is approaching a strong support zone in green we will be looking for buy setups on lower timeframes. on M30: PLTR formed a valid trendline in red but it is not ready to go yet. Before we buy, we want the buyers to prove that they are taking over again. Trigger => Waiting for a momentum candle close above the last major high and 20.0 to buy. ...
Hi All, my main 3 take-outs from this analysis are the following: 1- Even though the situation seems to be compromised and price seems be heading to 17$, be careful bears, as the price is forming right now a rare megaphone, also called broadening bottom. It basically indicates that the price is charging and volatility is increasing in the perspective of a strong...
$PLTR has always followed very technical trading patterns. I believe this is the bottom for Palantir and will rebound from these levels into the new year.
A stock that has gained traction from famous investors such as Cathie Wood but analysts still dont trust the stock and have mainly sold and hold on it. According to the technical analysis the stock seems to have reached the support level and bounced of it hopefully Wednesday’s FED meeting will not force the stock to break that support.
Keeping it short here, PLTR has been getting government contracts recently. Defense and supply chain efforts are important to alot of things right now. A price of $22 would be a bit above 38% retracement of the previous high. Let's see what happens! We are still in a good are price wise and has given us more of a discount I believe since my most recent post. Not advice.
One year support level at 20.24 has been breached. Zooming into to 1M reveals three consecutive high RSI to low RSI moves. Each move lower resulted in sideways price action with a small move higher then subsequent lower move. The first drop resulted in a -18.63% decline, the 2nd -13.77%, and the 3rd a -8.88% drop, each decline approx 5% less then the last....
Palantir doing consolidation. If is able to hold this position then a good uptrend is expected. Previous Analysis. If you agree then like idea and support me. Mention your ideas in comment :)
Zigzag in B Wave post divergence. Wave C technically confirmed yet, but it has a convincing look and feel already. Momentum is also bearish either way. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is...
Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern. In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely...
Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. But Still this doesn't work in its favors and drop down from resistances 28$ mark to 20$ mark and no it doing consolidation. If is able to hold this position then a good uptrend is expected. Previous Analysis. If you agree then like idea and...
As I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level. I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the...
Hi All, my main 3 take-outs from this analysis are the following: 1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time) 2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels 3- There are still two gaps at 24$...
a plain Palantir trend based Fibonacci Extension on the weekly timeframe, to keep on my own
I'll be buying some this week. I see the support point currently holding up pretty well. If we break past the last ATH, we'll have be heading up to the next resistance point at $100, giving us 350%. Not bad.
Hi All, my main 3 take-outs from this analysis are the following: 1- Despite the huge volumes in the recent drop, I personally feel like this might be a bear trap 2- Inside candle pattern which might mean reversal anytime soon 3- Big descending wedge on the daily chart with take profit projection at all time high. Not a financial advice, just personal opinion....
$PLTR got beat down after earnings . We landed right on the .618 retrace from the low to it's ATH . If this level holds, we have a very good entry for a swing trade. Risk manangement is key here though, cause if the market wants to see Palantir even lower than this, we might do a deep retrace and go down to the 17$ish area again. Depending on how "longterm"...
PLTR up remains like this and it reach our First target 28$. As we know 27$-28$ act as resistance and which stop it many time in past from making uptrend. I hope PLTR reach this very soon. Previous Analysis. If you agree then like idea and support me. Mention your ideas in comment :)
Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. The company recorded revenue of $392.1 million in the quarter and non-GAAP (adjusted) earnings per share of $0.04. Earnings for the period were in line with the average analyst target, but sales beat the analyst consensus by $5.54 million. The big...