Get started

Palantir

$PLTR - Risky April 100-200% possibilityI 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 is nice and steady. Anyone who thinks they'll be able to short this successfully is going to get burned hard and will need to further cover their shorts causing an even more massive short squeeze. The stock has finally started moving upwards last week as i previously predicted. After being loaded up SO MUCH it can no longer stay where it is no matter how hard it's being squashed. It's going to move up non stop and once the big institutions realize they can't make this stock fall to their preferred buying price, they're going to FOMO before they miss out on this causing the stock to go even higher. This & wallstreet bets buying this like crazy is what will cause the 100-200% share increase in the coming FEW months. I have a 255k share position at 26.82 & some insignificant calls for February, March & April. To be clear, i've gone full schizzoid mode on PLTR. I lose sleep every night in excitement over the gains i'm going to make off PLTR's boom. I was unable to sleep for 36hrs yesterday. I read their 311 page prospectus, i non stop scrape the entire internet for mentions of PLTR every 2 minutes non stop all day almost 24hrs a day. I can see biased mainstream media articles coming out mostly bashing PLTR, biased analysts coming out with intentionally low and bad and not well done analysis and PT's for PLTR based on the previous earnings which is a MASSIVE rookie mistake on their side. Jefferies who gave them the $30 PT kinda gets it. Citi's young and green Tyler Radke has it wrong and feels like he's read some negatives in PLTR's prospectus document and hasn't taken in any positives thus his research and DD is likely quick and short and not accurate. He probably believes the $10 PT. He needs to spend more time doing PLTR DD rather than using normal basic analysis and spit out PT's, it's not as simple as he's making it out to be. Too green. I'm from a software development and management background and i consider myself more of an expert than Citi's analyst to speak about PLTR especially with the 1 and a half month of non stop PLTR DD. SOROS & LOCKOUT CONCERNS: Read my slightly outdated but mostly accurate DD here and put your concerns to rest. Buy PLTR now and buy in big. The rocket is MASSIVE and is loading with MASSIVE amounts of fuel. Had many weeks of 50 mil volume everyday at a shortvol ratio of 0.3. Do the math don't be a sheep. www.reddit.com
PLong
by leenixusu
9
PLTR asking for the 4th time; price is in a tight squeezeHello 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 around/above the $26.6. On the positive side, the moving averages (the 14 ema specifically at this point) have been supporting the price and moving up. The result of these opposing forces is a very tight price squeeze between $25.5 and $26.6. The bias is still bullish (continuation of the previous trend--see my previous chart for more technicals) but nothing is guaranteed in these markets so you need to exercise patience, discipline, diligence, and suppress emotions. That's the path to becoming a jedi investor. As a side note, keep in mind Impeachment trials started today (again) so the market is pretty flat. The technicals remain the same. Safe trades! Share the love: If you get anything out of this TA, please like chart so it moves up and others can benefit from my work. A simple click on the like button goes a long ways. Follow for more: I have an outstanding winning rate (check my other charts). If you want the best entry/exits just follow me, you won't regret. Thanks a lot! ***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
P
by Safe_Trades
7
Palantir (PLTR) Breaking out - Transitioned from AccumulationAfter 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. and $70 by summer. Very bullish long term.
PLong
by UnknownUnicorn1043646
25
PLTR formed a pennant; possible breakout soonThe 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 a bullish signal. MACD is curling up and +DI touched -DI and moved back up, which in my experience forecasts a move up. I am watching the moving averages. The longer PLTR holds above them the stronger they become as support. It is important to keep in mind price could also continue sideways when the pennant is completed but if a breakout is confirmed PLTR may be looking into a nice rally. Safe trades! ***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!*** ***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
PLong
by Safe_Trades
7
PLTR break below support 29DEC202029DEC2020 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 bearish trend will continue in the short term. PLTR is currently bouncing off the lower band and against the upper boundary of my descending wedge, I think the next pop is going to be volatile. With RSI @ 36, we're not quite in the oversold territory. If at market open there's not a lot of buyers, I believe that we'll probably gap down to the $20-$22 range. To counter my thesis, I'm just an idiot on the internet..... No no, but seriously, one thing to note is that post Xmas volume has been notably lower than our average daily volume; this bearish pattern could be quickly invalidated with some strong buy pressure. Personally, I think the trend is pointing that we'll finish the year below $25. This doesn't really bother me much because in the near term we have 2 catalysts dates in January and hype leading up to their earnings call on the 11th of Feb. By no means is this trading advice, I'm simply sharing my thoughts and opinions on the story I think the charts are telling us. I'm still a learning trader and welcome feedback and criticism, feel free to drop a comment.
P
by ericmichael86
$PLTR Strap in. Massive bullish wedge.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 30's should happen. 2) If the symmetrical triangle holds, we could see 33-37 as early as January due to hype for the demo dates. 3) Earnings looks like they will be very close to 0. Due to some contracts gained and some contracts expiring for PLTR, the EPS looks like it will be between -0.20 and -0.10 due to ad campaigning expenditures. If this wasn't a thing, we'd be much closer to 0 earnings and maybe positive earnings. Palantir will need at least 1-2 more quarters before significant earnings start coming in. tldr: We're in for the long hold.
PLong
by leenixusu
3
$PLTR - Demo date & Symmetrical Triangle - Bullish-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 easy profits. This way you avoid risk if the demo is not well received. Play #2: Buy before demo day and hold through Demo day. If the demo is well received, you should receive extra profits by selling after the demo is complete during the same day or up to 1-2 days after the demo. Based on past experience with bullish wedges, the bullish symmetrical triangle should indicate a breakout between the 5'th - 11'th. It's best to be in PLTR before that at a nice low average of 27-28. Anything more and you're looking at a short-mid term hold before you break-even.
PLong
by leenixusu
2