PLTR has formed a perfect head and shoulders formation and is currently approaching the neckline in perfect timing for entry!!!
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...
Palantir Technologies (NYSE: NYSE:PLTR ) has been on a wild ride in the stock market, experiencing both exhilarating highs and nerve-wracking lows. The latest twist in this rollercoaster journey comes with an analyst downgrade from Monness, Crespi, Hardt & Co., sending the stock plummeting by 6%. The reason? An 'Unprecedented Generative AI Hype Cycle' that has...
LTR could potentially reach a range of 40 to 45 by December 2024, a level previously seen in January 2021. The area between 22 and 24 is noteworthy, offering a balanced risk-reward. Continuation of the upward trend may be sustained as long as the stock holds above 22
Technical: Coiling up from recent high and low VWAP (yellow lines), a move out of this will be powerful News: The software primarily focused on government agencies, while their AIP platform is now accessible to various businesses. With Palantir achieving GAAP profitability, they are now qualified to be included in the S&P 500. This development could serve as a...
NYSE:PLTR ▹Weakness on 1d & 1W timeframes. ▹Volume shelf + decreasing volume. ▹Bear flag + H&S on the daily TF. My targets are: ➳ 23.00 ➳ 21.50 ➳ 20.20. I'd enter 21 Jun $25 puts. Daily chart: Weekly chart:
Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on today’s chart is the pair of rallies after the last two quarterly reports. Those may reflect increasingly bullish sentiment toward the software company. Second, PLTR jumped to its...
PLTR is stuck in a range. Distribution patterns are forming. RSI is holding on to a critical level. Good new out there is not making any dent to the price action. The ticker has a history of falling off the cliff after being range bound. EW count is suggesting a full 5 wave sequence is complete. So, basically it is time to hurry up and wait. PLTR has just...
I am back in $PLTR. I have an extensive post on this one which I will link below. Suffice to say I am bullish went long and manually closed the position as I did not like yesterday's action. I am back with a 1/2 size position. Lets see how it plays out.
NYSE:PLTR Here is a strong one for your watch list. This is perfectly normal action (so far) for a stock to pull back to its breakout area. It is pulling back on declining volume. All this is textbook action. I will be looking for the resumption of uptrend before I get involved. That could take a day, a week, or more. Patience will be key. I will update this...
In calls with long expirations but might cut soon. I'm seeing empty space below PotterBox so PLTR looks juicy for shorts.
Taking a look at NYSE:PLTR on the 1H showing hidden bullish divergence on both MACD and RSI looks like we could rip right back up to the upside here to test the previous level
With the rejection of $21, NYSE:PLTR looks set to fall to new lows. I think it's likely that we're going to sweep the lows at $8 and keep falling from there to a final target of $1-2. This will likely take place at some point in the back half of 2024 and should present a great buying opportunity once it gets down to those levels. Let's see what happens over...
Everyone is looking for a dip in PLTR after the monster run. Look for the green horizontals to add, at least $23.50 should be tested. Whether that is before or after hitting $26, who knows. I'd just keep adding, this is going to be a blue chip tech stock of the future.
Brief analysis of PLTR It breaks out its resistance level on 6 March 2024 It begins to retreat on 7 March 2024 up to date and breaks its support at 25.49. Break out, retrace and pending continuation to confirm its break out on 6 March 2024 My view is that it's still a hold for me unless it breaks my CL price 24.53 TheFollower 12 March 2024
The market needs to get used to the price range for a short while. We'll bounce between 20 & 26 prior to earnings, which I believe will be promising. It may be a sell the news event but only if the earnings "just" beat expectations - as that would be disappointing to the street given all the hype Karp has been pushing. If we get a big surprise, it'll add fuel to...
Looking at the monthly chart of Palantir. Stock should start showing topping signs around 27.16 Reason: 1) About to hit the resistance zone 2) Measured move from the break out coincides with resistance zone 3) Coincides with the fifth wave move target on the Fibonacci levels. 4) On the weekly chart; the ADX line is dropping lower as price continues the upmove,...