So what if its a Red Day? - PLTR broke 23.76 resistance twice. - It shows inverse head and shoulders - looks like consolidating near 23-24 - Needs to hold the same area before making a move Suggestions: 2-3 weeks long 30$ call to 27.60
Clover health has quite the catalysts not only fundamentally, but technically as well. Technicals: CLOV has been in a downtrend since early January, with an all time high near $17.00, and all time low of near $6.00. Quite the range. Fibonacci retracement levels can give us approximate levels of support and resistance once a breakout occurs. As you can see, the...
Quick update on PLTR, moving how I predicted towards its first target of $27. Red day today because of the meme stock price movement, but this company does in fact have true fundamentals and continues to sign deals with the US government as well as show YOY growth, data analytics will without a doubt be one of the biggest sectors in the near future, and one of the...
Breakout + important levels in the chart. If you have any questions - let me know;) D1: Weekly:
Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again. I’m still waiting for a better risk-reward ratio, but I’m happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least. The 4h chart looks very overbought, and it is in a...
Hello traders and investors! Let’s talk about PLTR today! First, as we discussed in our last analysis, PLTR did a nice reversal, and we have a crystal-clear bull trend , made by higher highs/lows. The purple trendline is working very well as a support level, along with the 21 ema. Pullbacks to these points should be seen as opportunities to buy . The link to...
$PLTR finally over the nasty downtrend. Consolidation right on the previous trend line could be a good spot to go long ;) For a chill trading room, join the link in my bio
Yes, PLTR gave us a good trade, but right now it is dropping and we have no bullish pattern around. Yes, one may say that the 23.34 is a pivot point, and that we just hit a support level at the 20ma, but look at the 4h chart: We just hit a resistance at 24, and the RSI looks overbought to me. I would buy it again if it corrects to the 22 area, but it feels it...
not a financial advisor i can see that pltr been moving between 20-24 for a long time, time to see 30 again in the next 2-4 weeks
Palentir tried to breakout on Friday. But close was weak. Now need to show bulls are in control. Close above 23.10 will likely take it to upside targets (resistances) at 26.30, 28 or 30. Support at trend line, 21.30, 20.90 and last 19.40. Close below 19.40 more downside.
PLTR dissapointed beginning of the year, but as always trading is sometime sjust a matter of time. 25$ is a hard resistance for the stock, but I expect a break in the next weeks to scratch the 30$ again. The upcoming earning on the 8th of june will trigger a bull due the rumor.
What is very noticeable is that the price ran in a zone defined by me (back in April) and formed a hammer candle exactly at the level! I justify it with the fact that the stock is very popular for retailers (in most cases they had their stops at this level). The hammer candle was accompanied by volume, which is also a positive signal. A short-term close above...
PALANTIR is overall bearish, trading below our blue trendline but since it is approaching a strong demand zone in green we will be looking for buy setups to catch the next impulse. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Our blue trendline is not valid yet, so we are waiting...
And we finish this week with 16% gains on PLTR! Not bad for a week! Now I sold it at the 24 area, as we already have been planning since last week. Why did I sell it? First, it hit the target, the previous resistance. Second, the RSI was too overbought in the first 30min candle, around 90. Third, it hit the target by doing a huge candlestick, and usually this...
Everyone knows what is going on in the market, but there is no intention to prevent this. Seems spoofs who run the show are above law..!
This down move seems like it was a vol gap fill, and breaking a LT resistance today was a good sign. I sold half my position near the top today and am watching closely to add, or dump the rest to buy lower. If it breaks the local Bull supp from the last low, I'll sell.
-Palantir (NYSE:PLTR) stock is trying to make a comeback. Don’t feel bad for it since it’s still up 140%, which is five times more than the S&P 500. -Recently the bulls suffered a blow going into the earnings. It is relatively weak because it has shed 60% of its value from the January highs. The dip was an absolute opportunity to buy into it or add to current...
In the last update I talked about this scenario, which has just occurred - an breakout of the "flag". This technical signal should attract new buyers. Congratulations to the people who bought with me at around 16 usd :)