Palantir at Last SupportI have been watching Palantir closely since the February 24, 2022 spike low. NYSE:PLTR was a darling of 2021 but has fallen victim to the "Pandemic Round Trip" like many stocks. The $10 psychological level has so far held with afore mentioned spike and today there was short term price action (see below) above $10 that may confirm a low risk entry.
I have decided to take this trade for the long term with far out January 2024 $30 Strike Calls. If this is a long term bet then I should use my imagination.
Palantir
PALANTIR:New Beginnings On The Horizon NYSE:PLTR is now set for new beginnings as a major cycle has ended for this stock.
Recently the price has been ranging in the the 8.6-11.4 area which is a high demand area ideal for the current accumulation phase .In fact there is a great probability for the bulls to take the lead and push the price significantly up , taking advantage of the nice potential of PLTR .
Although many technical indicators are already anticipating a rally, it is more reasonable to wait for a close above the 12.6 as a confirmation before the entry .
After the confirmation ,the price is likely to reach the first target ,and potentially the second and the third targets if PLTR succeeds to close significantly above the first and the second target areas successively.
For the trade management It is advisable to :
Close 50% of the position when the first target is hit and move the stop to the entry area .
Close 25% when the second target is hit and move the stop to just below the first target area .
Close the remaining 25% when the third target is hit .
The 9.5 level would represent a reasonable stop level which has the advantage of being tighter than the 8 level despite the latter offering more freedom for the movement of price .
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$PLTR short term bottom, back to $15-18?PLTR looks like it's putting in a short term bottom.
Because of how quickly we fell, I lean towards a strong bounce over the coming weeks with a target between the $15-18 resistance levels.
If we stop there and confirm resistance, look for another move down before we've fully seen a bottom. I've marked out key dates for changes in price action.
Let's see how the PA develops from here.
$PLTR Bull Thesis 2I still like the chart on this one,
market now is full of fear and uncertainty so that’s why I think this one is tanking.
Norge bank just bought 14m shares yesterday. I'd like to think that the market is getting used to whatever news we will see as long as it doesn’t escalate to NATO-RUSSIAN WAR. I am still(and I bet others are) careful deploying cash on this volatile market.
As long as PLTR doesn’t drop to sub 10s I think it’ll soon fill that gap.
$PLTR Bull ThesisI like the chart on this one.
Might retest 11-11.50 support before climbing its way up to fill the gap.
I would like to see this one hold the 12$ area, create a new demand zone there.
If the war doesn’t escalate (I genuinely hope so) I think the market priced in the rate hikes. So we might get a direction soon.
Good luck traders!
PLTR - Monthly Demand ContactedNYSE:PLTR [/symbol
PLTR has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted.
There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios**
PLTR has a tiny Daily Demand within the monthly, please check stop losses for high liquidity moves. This trade has the potential to reach new highs in the long term.
As we reach PEAK FEAR in the markets, we are liking to have reached a bottom on the S&P 500
Unprofitable Company, Expect range $6-$9Lets face the facts, PLTR is an unprofitable company.
The main think took look at is their Net Income/EBITDA, and it's negative (losing Money)
This year, financial institutions and funds are avoiding unprofitable companies like the plague.
If you are still bullish on PLTR then consider the following.
Make sure PLTR breaks the yellow trend line. That would be your safest entry point and a good confirmation for a trend reversal.
PALANTIR DAILY ANALYSEHELLO,
This is my analys for PLTR,
After breaking the support of 14.37, it became resistance,
Price descends towards 9.05 support low
Palantir ~ PLTRPLTR is on my radar. I'm buying commons down here at these lvls continuously, i believe it'll PAY out in the long run.
Chart is posted with Resistance and Support lvls range near highs/lows (dotted)
Anywhere under 15$ continue to buy Palantir. Cathie sold a shit ton.
Palantir Q4 earnings disappoints, dropsFollowing up on the analysis of Palantir before its Q4 earnings, seems that earnings had disappointed Wall Street.
As it has a gap down, I would assume that we can see a filling of the gap and if the market continues to be bad, we can see Palantir dropping to price range of $9.50 - $10.00.
PLTR Palantir Technologies Price TargetIf you haven`t sold PLTR here:
Then you should know that PLTR Palantir continued lack of profits.
Net loss of $156.2 million, or 8 cents/ share VS a loss of $148.3 million, or 8 cents/ share, in the year-prior quarter.
Palantir earned 2 cents/ share, down from 3 cents/ share a year earlier.
And the Market Cap is $28 Billion.
My buy area is $8.80 - $10.50.
Palantir Waiting for Q4 ResultsPalantir is currently stuck in a triangle waiting for results. If results are good then there is a good chance for an upside.
Palantir Playing Playing Wave 5In this update we review the recent price action in Palantir and identify the next high probability trading opportunity and price objective to target
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Long PLTREveryone on wall street hates growth stocks. But not me.
A break above $14 is very possible and that will send it so much higher. Good earnings and a market turn around will make $20 very possible.
Don't sleep on PLTR.
Middle finger pattern in stock prices It is evident that a pattern like Middle finger can occur on the prices of Equity, commodity, and crypto-assets. It's important to understand the dynamics of the pattern and what it signals.
Usually, when the original Middle finger pattern occurs, it means an... signal for buyers
When the Inverse middle finger occurs, it means a... signal for sellers
This pattern is common, and It would be good for a trader/investor to account for the signals and risks of the pattern
PLTR So much for the growth stocksArk Invest sold more than 2Mil shares of PLTR yesterday.
The options are also slightly bearish ahead of the February earning call.
Palatir Technologies expects fourth quarter revenue of $418 million with 2021 revenue growth of 40% to $1.53 billion.
The earnings are still negative, so looking at the mk cap, PLTR is trading at 16.6 times revenue.
Maybe a pullback to 9-10X revenue would be healthy.
My buy area is between 8,8 and 10.5.
looking forward to read your opinion about it.
PTLR ABOUT TO RISEPTLR is in the buy zone and about to turn around. I am making a buy and taking profits at $16.60 when it passes 17.14 I am buying and taking profit again at $22.30 and again in the $26.50 ranch which it should be reversing..
History has shown us that resistance support are strong in these price ranges. We will see!
In this market it may bounce between the last and second level but eventually make it over $26.52.
$PLTR Would love to see this bounce!I think the fundamentals are great but for technicals, I would wait to see if it bounces from $11 and base around 14-15$ area for a long position (short-term). Below 11$, I think this one is a steal. Good for long term.
Disclaimer:I've been accumulating for long term
PLTR. This Future Move Makes Sense. RE-POSTED.NYSE:PLTR was in a rising wedge before it made the recent 43% drop. Now, on the weekly, it appears to be forming a falling wedge . What this means is that we see at least one lower low, before we can break the top of the falling wedge , and eventually reach all time high. Currently, the falling wedge is not confirmed because we have only two touches on its bottom side. Moreover, RSI is sinking lower and lower with each new low. We wait to see a lower low corresponding with a higher RSI low, forming an RSI divergence. When that happens, then we have a trade setup with 80% to 100% upside, depending on where bullish confirmation occurs. For now, we just wait and see.
$PLTR Trade-Setup LONGI rally like Palantir at this spot, backtest of the pattern completion zone of the harmonic in the 4h chart.
Daily chart RSI is at 16, poised for some kind of bounce.
Buy in, TP's and Stopp Loss as in the chart.
Good luck out there!
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5 Wave Analysis PalantirHello dear traders and investors,
As far as I understand, we are in the wave 5 of the wave 5. We surely can see some correctrion up to 24$, if the wave 5 already have ended.
It would be nice top hear your ideas and views about this interpretation of Elliott Wave Principle on the example of Palantir stock
PLTR TECHNICAL UPDATELong term investment banger Palantir.
No debt, efficient business model where its operated via cash flow, although burning enough of it to focus on R&D, this company has enough experience to manage itself considering it has been operating within the government sector for the past decade, it has an accelerated growth company with 3x yoy revenue increase, looking into broaden itself into the commercial sector.
This stock imo is my next outperformer, with target prices reaching to 120% gains within the next 6 - 12 months, 300% within the next 18-29 months.
Considering this stock is at an unbelievable buy zone and has fallen way under its intrinsic valuation. I am personally making this 80% of my portfolio.
On the technicals side, way oversold RSI, great bounce on the .786 retracement with a 5% move up, a forming inverse head and shoulders pattern, and to conclude, 3 exhaustion gaps seen within the chart each of them having a near 70-80% chance of getting fulfilled.
Lots of interest on the reddit community, making this stock the signpost of wallstreetbets.
Im jacked to the tits on this stock now that its so cheap and would look to hold it for the next 5 years.
Not financial advice.
LFG
palantir technologies inc..., no traiding, just for trackingpalantir technologies inc..., no traiding, just for tracking
