Seems like PLTR is in decline along the yellow trendline on the hour. Possibly in this channel. Seem reasonable? I am interested in this stock breaking to the upside a bit sooner than later.
Buy Zone and Target for Palantir $PLTR (Not financial advice)
Hello Guys, I would like to introduce to you my idea about the future of PLTR . I am a holder of 1000 shares from 24.01$ and I am long till a minimum of 200$. After the last week, we got few red days including yesterday, but as an Elliott wave trader, I can see an opportunity to jump in as like in AMC, I think we reached the bottom as you can see we already...
Hello traders. Let's get right into it: PLTR has tested the $23-$25 support range multiple times the past few months (about 12) . That level was tested 6 times the past 10 days or so. So far it has been holding like a champ. For that reason I think this is a relatively safe place to start a trade because if that level holds we will most likely see some upside...
It is evident from the chart a clear support level has been established, but not only that, it has been respected. On that basis, it can be said it is likely PLTR will continue up for the foreseeable future. *NOT FINANCIAL ADVISE, MERELY AN OPINION*
So much confluence on this setup, with a good market sentiment and momentum i think it will have a huge run in no time. Very high watch for me, currently loading in the entry zone for starter position, will have a full position on the break of the wedge with volume. Happy trading :)
Beginner Friendly I love to see bullish divergence on the MACD(moving average convergence divergence) indicator. It usually always makes a bullish cross to the upside :) Bullish Divergence: To put it simple, when price action is making lower lows while the MACD is making higher lows, its considered bullish divergence. This is a good indication that a trend...
I have high hopes for PLTR it seems to have formed a pennant on the 4 hour timeframe and looks about ready to breakout. It is also respecting the support line that has been tested 4 times. Let's see what happens over the next day or two. I'm already in multiple PLTR calls with April exp dates but am looking to size up should it break out of this formation with...
PLTR has had a huge growth and is now facing major pullback, the price seems to be reacting to the previous support and looking for a bounce up. Going long here seems to be a rational choice, but keep an eye on the $20-$22 range, because if the price goes below we may witness a huge sell-off.
Potential inverse h/s forming. Note the volume on Friday. I have targets at 30, 32, and then 36.
PLTR althought it was pretty red day i see inverted head and shoulders and im hoping it will bounce from here as it respect support area nicely aswell. still holding $ BEST DIP IF YOU WANNA BUY...
PLTR on 4 HR: showing signs of reversal to upside RECENT NEWS Cathie Wood's Ark Invest ETFs acquired over 6.8 million shares of PLTR last week. TECHNICAL OBSERVATIONS PLTR was trading in an upward channel but broke below the channel early last week (2/16). Toward end of the week, PLTR recently bounced with huge volume with more institution buying. NYSE:PLTR...