PLTR is still in the mega pennant formation but if it breaks out, it will fly to $30 and higher. Jan 29th is their demo day which could make it run
Palantir currently looks eerily similar to Bitcoin before the last breakout. Major catalysts coming, this can only but play out. Where are we on the BTC chart? What are your thoughts? Long, PT 60 March
I was bullish on PLTR before with a PT of 36-44 for the coming months. Seeing the interest and amount of shares being bought by Wallstreetbets & CITI and Jefferies opposing price targets, i believe this stock is going to explode multiple times more than PLUG or GME. Short vol ratio is 0.3 which is amazing, money is flowing into this stock like CRAZY but the price...
Hello my dear padawans. Let's talk about our beloved PLTR. The price headed against the $26.6 resistance today for the 4th consecutive time. It broke above in what seemed to be a breakout but volume was not on its side and the price was pushed down again. The current candle is not what you want to see if you own the stock. It shows a lot of sell pressure...
After a month of accumulation, I believe that we are transitioning out of the Accumulation phase. The short distribution period we saw after the first rally was not the institutions taking profits, but early retail investors and employees, as this company direct listed. The institutional distribution has yet to occur. Conservative Price Target: $60 by late Feb....
Take away from this what you want. Point is we're bullish. New trading range to become 34-39 with a 44 ATH.
The pennant is a continuation pattern (of the previous trend) so PLTR may be looking into a move to the upside sometime soon. The price moved up today and headed against the $26 resistance several times. It even broke above it but was not able to stay above that level. However, we closed the day for the second consecutive time above the 14-ema and 21-ema, which is...
PLTR brake that triangle and create new uptrend, we possible see broke out towards up. If you agree then like and support me. Mention your thought in comments :)
Bullish consolidation. Possible rally into earnings from here if it can breakout. Please mind the gap at 16
I see a clear upwards trend from here on out. I've used this kind of TA using flexible trend lines rather than normal straigh lines on several other stocks in similar situations like NIO and it's always been a winner. It's easy to tell that we'll be around 33-36 by Feb 11'th. It's difficult to say where the stock will be after that without more data.
Palantir falling down after triangle breakdown!
$PLTR Breakdown and Analysis going into the New Year! Will we see more downside? Can we bounce and where? In need of a price raise ASAP.
PLTR is heavily oversold and can potentially break out of resistance and could possibly test the top of the wedge for another potential breakout.
29DEC2020 saw a broader market sell-off, unsure if this was larger institutions securing end of year profits or market-wide correction from recent days exuberance. Monday's market open saw an immediate meltdown and began this bearish channel and Tuesday saw us drip below our $25 support zone. The 9 day MA trading below the 20 day MA suggests to me that this...
The previous symmetrical triangle isn't yet fully invalidated but may soon be invalidated if we don't go back into the range/if the dip is not bought. 1) If the symmetrical triangle gets invalidated we're in for the long run till march where a large bullish wedge is forming. This means we'll be trading within 21-24 max until march where a breakout to the mid/late...
-7'th Jan is the first Demo date for one of the Palantir Products. -11'th of Jan is the end of the symmetrical triangle we're trading in. Symmetrical triangles are typically bullish. Play #1: If Palantir is as strong as we think it is, there could be bullish hype buildup before the demo. Buy before the hype buildup and sell before or during Demo day to lock in...
Video breakdown and analysis $PLTR going into 12/22 . Requested