$PLTR had a flash crash to $20.18 and recovered back to $23 which also is Fib 0.618 retracement level. 23$ is a possible support zone to hold if you want to take an early trade with a tight stop aiming to take profit at $35. Since we can clearly confirm that the strong up trend is currently broken and momentum still declines, I am on the bearish side. $16-$17...
Going through some major consolidation. I believe a breakout is very close. Should retest the $30 then 40+ area
Don't follow this one much, but I've heard some good things about the company. I'll have to look into them more. The chart looks good. We have a pretty ugly ending diag. If examined closely it fits the internal wave structure of the aforementioned pattern. We also have some pretty good looking divergence on the 1hr. Some good looking humps ;) What do you all...
Hello Guys, I would like to introduce to you my idea about the future of PLTR . I am a holder of 1000 shares from 24.01$ 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...
I base my ideas on the chart technical analysis. Although I did realize this is a "meme stock," the 4 hour, hourly, and 30 minute are divergent and the trend line has been broken. Entry occurred days ago, so nice time to buy at least until the indicated price based on the Fibonacci.
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*
Bouncing off support. Local divergence on the 4h. Gap will possible be filled.
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...
PLTR is holding its strong support. If buy here first target 30ish and second is 33ish.
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.
First of all, we must not forget that we are looking at a very young stock. It also offers a more hectic exchange rate and serious potential. The support level around $ 24 has proven to be stable on several occasions even on worse days - from a different point of view, the stock is a rare good buy here. The pessimism caused by the report will soon pass. One after...
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. Great earnings ; 25 support great, suggest buying soon #pltr #arkinvestments
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...
When 400~ institutions are crowding a stock, and the biggest of names are playing MM. I want to use them as a shield, and poke out from behind them to stab little by little. This is my all-time favorite options strategy, and it can be used under very specific conditions.. 1. Accumulation/Distribution Phase is identified (Dow Theory). 2. Range-bound movement and...