Tesla bull here just looking at a head and shoulders pattern. I think we will see 215 pretty soon. Whether or not we'll bounce or immediately break support, I am unsure. But the media is going to continue bad press about Elon. And God knows the public/average investor will eat that shit up like chicken fried rice at your favorite Asian take out restaurant. We're...
Zooming out is the best way to get an idea of general a stocks direction. On the day of the 700+ million dollar contract with the US army, volume spiked, which gave momentum to push past a year and a half long resistance. Given this, it looks as though we MAY see a trend reversal (idk I'm not a pro - I've only been analyzing stock patterns for 3 years on and off...
The more things change the more they stay the same... but something is different this time (maybe?). Palantir has always, since post hype run, relied on earnings for its trend movements. So that may well be the case this time 'round. One factor that stands out from previous earnings calls is the institutional ownership. It is now 40%. That is significant. Big...
Remember, "winter" lasts a while in crypto land. I am by no means saying the previous flat period is how long the current one will last. The comparison is for visual comprehension. During these long sideways movements is when it is best to DCA. This is not trading advise, just some perspective on how patience can pay off. Back to old highs equate to almost 600%...
Technicals are saying we're going out. In think earnings will be the catalyst for continued bear trend. Unless we're absolutely blown away by earnings of course. But PLTR. Has only given us steady/expected growth. I'm long forever. Good luck all.
If reverse H&S confirms...Next target is .000017 Good luck all!
Hitting resistance. Volume not strong enough to break away. Dead cat bouncing it seems. I'm long all the way down. Good luck all!
This pattern usually occurs during high volatility times. We're also not out of these downward moving channels. Volume decreasing after some impulsive moves up. They call this a dead cat bounce.
A bearish looking pattern amidst heavy inflation and stressful geopolitical turmoil. Hitting resistance to head downward. This will eventually present a nice buying opportunity. Prescious metals will not stop being needed (even and sometimes especially during war times, too). Best of luck all.
You may soon be able to purchase a subway sandwich with your Palantir stock. Fed looks like they will crash the market and they're taking Palantir with them.... Even though they have no debt and a crap ton of cash... ah well. I'll be buying throughout the year. Good luck to all.
Contacts left and right recently. But Palantir has grabbing contacts left and right for a year now. Why is this recent small upwards trend different than any other? I'm not sure that it is. Until some major change occurs. It appears Palantir has always and continues to move with the market (in the volatile Palantir fashion we know and love) The one thing we...
Palantir will not do well in this style market. Let's be frank, it did not do well at the end of the bull market since it IPOd. Chalked up to a classic misunderstood public company - politically, it's got a CEO and creator on opposite ends of the political spectrum, something this country cannot understand - yet something to behold for those that want a...
Just wait. H&S confirmed and I believe we are on our way back down to $1000 I'll be a greedy bastard when I see the fearful selling continue. I wanna see the whites of the eyes (so to speak). We're months from seeing Anything like that yet. Also check out the volume just fall off the map at the peak of the head. No one is interested in buying right now. Your...
Those who "bought the dip" need more patience. We are at beginning stages of forming a new price trend. Here is where DCA-ing becomes my most powerful ally as a long term investor. The support line that was in play for the past 2 years has been broken. This is now a very strong resistance line. Respect it. Success to all...
Weakness is clear technically It's time. About to cross down on the MACD for the first time in almost 2 years (on the monthly timeframe). Momentum lost. Prepare for lower 120's at least in my opinion. I'm not giving you trade advise don't take this as such.
The US market is preparing for further correction it would seem. There's just not enough people buying - let alone trading volume in general. This may look like a "double bottom" prior to earnings. But technically, on the weekly, we have already crossed down on the RSI and the MACD looks as though it will follow suit next week (perhaps after...
Nobody knows what will happen in this market. And anyone telling you what they believe is a certainty is lying to themselves and you. Times such as these require patience. I can see only very short term possibles. Even then, things can change on a dime macro-fundamentally. The company is a gem and I'm fully onboard long term. On a short term technical basis, it...
more government money to flow in on top of a growing/expanding commercial sector. Those that sold out of fear of a shrinking government sector (i.e. Mama Cathie) jumped the gun and did not show patience or conviction. I hold firm to my long term belief that we are looking at an increasingly important software company that solves problems for people, companies,...