Bull Flag on Pltr nice set up to have calls 6weeks out with a sl at19ish risk to reward amazing will update Monday premarket
After a good correction, we might see a major move prior to next earnings surprise Mai 6th... Wykhoff target of 31-33 might be in reach .
A NYSE:PLTR s a software company PLTR seems to be doing great and the past earnings weren't the exception. Even when price is down because of a less than prior quarter growth rate in commercial revenue, fundamentals seems solid with the only issue being a very high P/E ratio. From a technical perspective, the price is resting on a strong support zone and held...
Price Action & Ichimoku Cloud: PLTR is trading at $21.76, showing a slight increase in pre-market action. The price is interacting with the Ichimoku cloud, indicating potential support and resistance levels. The Ichimoku cloud's leading span A (22.22) and leading span B (23.92) are critical resistance zones. The price is currently below the baseline (22.84), which...
PLTR stock price stabilized last week. The price action is looking like some kind of a bear flag. From EW perspective, getting another low to hit $19 would make a lot of sense. However, the price is very close to break out of $22.47, which might call for some kind of a messed up ending diagonal end and some messed up leading diagonal start, or need more time to...
Palantir reached higher high but now a down move is coming heading to the bottom of green channel First target will be around 22$ where a bounce can happen
PLTR Growth Momentum hasn't waned a tiny bit. The stock keeps ranging at the 52 wk high most of the time suggesting an "Alpha" stock characteristic. Yesterday's price movement was another testament of buyer's weighty positioning of this soon-to-be-massive-valuation stock. It is named the future MSFT of today's era. The recent price growth (+6% yesterday's...
Fundamentals: Develops software for institutions for protect individual privacy and prevent the misuse of information. The only thing that I do not like is the bad earnings stability and the decelerating earnings; but sales have been growing q/q and y/y. Good quality funds are adding. Technicals: Daily: exDiv1 with MACD lines and RSI a-b-c counter...
PLTR I've decided to go short right here. Its currently within a reverse extension 1.618 Golden Window from the first wave up. And that is within the retracement Golden Window. The current wave up has breached into higher liquidity above the upper ascending wedge trendline. So as we looked at before, if it tops here it can be a head & shoulders pattern or a...
PLTR price action has gone crazy this week. First, the H&S pattern failed when $19 target failed and pushed above the neckline; creating an inverse H&S pattern. The target for inverse H&S pattern almost got hit, but then the post earning shenanigans began. Price has fallen through the neckline once again and if the last low of $20.20 breaks, then it will be...
Expecting price to retrace to the $17 zone to complete the right bottom shoulder. The corporate and governmental entities involved appear to have this company well-grounded for success. But DYOR and invest only when that $17 range is confirmed with your favorite indicators, key moving averages, etc.
Although it is coming off a disappointing earnings report, based on technical analysis, Palantir is poised to return to about the $23 level, representing an 8.91% increase from current prices (more if you use call options). Here's the reasoning behind my idea: 1. First off, we look at history. As depicted by the drawings, Palantir is at a very crucial and strong...
Contrary to the recent comments from James Cramer that he "liked" Plantir, every stock has its season ... and appears it's Winter time for this one ... and simply "liking" a stock doesn't mean you should buy it!! I charted this guy out in about 10-15 minutes after a large iced mocha ;) Inspiration early in the morning is key; just say'n. Using key Fibonacci...
IT's strange that this can go UP/DOWN, no definitive path for now. There is a Gap UP/DOWN No enough volume to decide Below 50-day EMA Below VWAP MACD also confused Its better to wait before stepin
We can now count a very nice 5 waves move up from the Dec 2022 low. While there is currently no sign that price has topped, it has hit a major monthly resistance level at around $26.50. Confirmation that a correction has begun would occur when price breaks below the ascending trend line. Should a correction take place in the coming months, price should at least...
PLTR 5/24 Hedge Trade NYSE:PLTR reported earnings pre-market on 5/7. After exceeding expectations, NYSE:PLTR has been range bound. An option trader most likely a hedge fund or some kind of firm created a significant wall due to purchasing too many contracts valuing over $106.7K. This may seem like a low amount especially for options but for NYSE:PLTR this...
Possibility double top forming on the 1 hour chart. The pattern should be valid as long as price rejects off of $22.