pltr ~lot of people have been bullish on pltr, but have gotten wiped out with this larger phase of accumulation.
i'm here to bring you guys some hope
i think pltr is finally finished correcting, and will begin the ascension from here
conservative target sits at $66 at the -0.236 algo target, but it can most certainty move a lot higher over time.
Palantir
Buying PLTR HereBuying Palantir here, down over 60%. Can go lower and I will cut with tights stops and bottom tick it. I dont see this company closing doors with their gov contracts. Not advise.
$PLTR INVERSE H&S? BOTTOM?Palantir $PLTR could have found bottom possible INVERSE H&S pattern on weekly needs to get back over 18 to confirm a pattern within then next 2 candles (weeks) needs to hold above $16 or further downside risk
Palantir may have bottomed today! Start of THE next bullrun? Hello everyone,
please see my current video idea on the Palantir stock, where my count suggests a possible bottom with price target to around 220 $ area. This would be equal to a 1200% increase.
This is no financial advice, just my technical expertise.
RT
PLTR PALANTIR - Triangle in progressThe course of Palantir NYSE:PLTR appears to be in a compression triangle.
In the short term, it is heading towards the support of $ 17 (end of wave C). Then it will probably retest the $ 21 (wave D) before returning to its old support (wave E and end of the triangle).
After that, it either breaks the green downtrend line and we are off to pick up his old ATH or back to $ 10.
Palantir (PLTR) UpdatesAfter a truly incredible 2020, Palantir has definitely underperformed in 2021.
The price remained in a side-channel between $ 17 and $ 28.
The future, however, looks very promising, with the contract with the US Army for the second consecutive year and signing two more partnerships with Kinder Morgan and Dewpoint Therapeutics.
Cloud and data security are clearly one of the most important businesses for the present and the future of this planet.
Returning to the chart, certainly, for those who do swing trading, the opportunities to buy are at the current price levels and sell in the $ 27 zone.
Those who believe in the company and want to keep PLTR in their portfolio with the conviction that its price will grow, as well as the company's turnover (which to be honest to date has not yet done so), still have the opportunity to accumulate on current price levels.
The entrance looks good both on a technical and volumetric level.
The medium-term targets are:
- $ 24.80: POC from the listing
- $ 27: price tested several times, which will almost certainly be hit and then break to the upside
- $ 40: to date I do not see important volumetric clusters between $ 29 and $ 40, it is possible that once $ 30 is exceeded, the movement towards 40 is explosive, clearly it will be necessary to see how much the institutional will participate in a possible second rally.
Happy Trading and I take this opportunity to wish everyone a happy new year, we hope that 2022 is better than 2021 and that above all the pandemic becomes a past to remember to return to live with attention, but also with carefree.
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Palantir long term investment ideaSo when we look at the chart now we can see that the price is in a support zone for now. What we can do now is either wait and see what the price will be doing in this support zone. It looks like it is respecting it for now and I will be adding some shares to my investment for this company.
What I will do further will be explained when I give an update on this investment but for now I will just be adding some shares and be looking at the support to see if it holds.
This is an investment that I will be holding for the longer term so it could be that it is going to go below the support for a while but at the end I still think that this is a good stock to have if you are able to hold it for a few years.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
PALANTIR - Wait For The Trigger!PALANTIR is approaching a strong support zone in green we will be looking for buy setups on lower timeframes.
on M30: PLTR formed a valid trendline in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the last major high and 20.0 to buy.
Meanwhile, until the buy is activated, PALANTIR would be overall bearish and can still trade lower.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#PLTR Huge bear trap? 🐻Megaphone in progress📣 + RSI divergenceHi All, my main 3 take-outs from this analysis are the following:
1- Even though the situation seems to be compromised and price seems be heading to 17$, be careful bears, as the price is forming right now a rare megaphone, also called broadening bottom. It basically indicates that the price is charging and volatility is increasing in the perspective of a strong reversal move
2- Please note that there is a strong divergence between price action (lower lows) and RSI (higher lows) and I think it is realistic to expect a reversal soon
3- Keep in mind that we have another static resistence given by the down black trendline that the price will need to retest (and possibly breakout from!). Dec 27th might be a good date to try this breakout...
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLTR Hand and Shoulders - Is this the bottom?$PLTR has always followed very technical trading patterns. I believe this is the bottom for Palantir and will rebound from these levels into the new year.
Palantir stock analysisA stock that has gained traction from famous investors such as Cathie Wood but analysts still dont trust the stock and have mainly sold and hold on it. According to the technical analysis the stock seems to have reached the support level and bounced of it hopefully Wednesday’s FED meeting will not force the stock to break that support.
Palantir (Update)Keeping it short here, PLTR has been getting government contracts recently. Defense and supply chain efforts are important to alot of things right now. A price of $22 would be a bit above 38% retracement of the previous high. Let's see what happens! We are still in a good are price wise and has given us more of a discount I believe since my most recent post. Not advice.
PLTR Bearish Idea (Short term) 120121One year support level at 20.24 has been breached.
Zooming into to 1M reveals three consecutive high RSI to low RSI moves. Each move lower resulted in sideways price action with a small move higher then subsequent lower move. The first drop resulted in a -18.63% decline, the 2nd -13.77%, and the 3rd a -8.88% drop, each decline approx 5% less then the last. Extrapolating this I would estimate the next drop to be approx -3.8% resulting in a $18.68 price, possibly a next support level?
Moving averages: 200 moving day average has been above the 50 since November 10 with the price action currently below both lines.
RSI: Oversold at 21.08, we could see a slight move higher soon before the next drop.
DMI: Red (bearish) trend line looks like it's gaining strength from an upward looking trend strength indicator (yellow line)
Current analysis: Short term bearish, however it's looking like it's poised for a breakout due to being so oversold, watching the $18.68 level. The bearish trend on the DMI looks like there could be more downward price action for the near term.
This idea is for informational/entertainment purposes, this is not investment advice. Please use caution and do your own research before trading.
PLTR : Palantir consolidating. Palantir doing consolidation. If is able to hold this position then a good uptrend is expected.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
Palantir Bearish. PLTRZigzag in B Wave post divergence. Wave C technically confirmed yet, but it has a convincing look and feel already. Momentum is also bearish either way.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern.
In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely in today session
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLTR : Palantir consolidating. Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. But Still this doesn't work in its favors and drop down from resistances 28$ mark to 20$ mark and no it doing consolidation. If is able to hold this position then a good uptrend is expected.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
#PLTR reacts well on 20$ support and closed above yesterday highAs I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level.
I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the price reacted reaching an average of 45% increase and I want to think that this might be happening again this time.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#PLTR - Price possibly rebouncing from key support at 20$?Hi All, my main 3 take-outs from this analysis are the following:
1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time)
2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels
3- There are still two gaps at 24$ and 27$ (as also at 31$) that will be needed to be filled sooner or later
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Trend based Fibonacci Extensiona plain Palantir trend based Fibonacci Extension on the weekly timeframe,
to keep on my own
PLTR looks good to buy... I'll be buying some this week. I see the support point currently holding up pretty well. If we break past the last ATH, we'll have be heading up to the next resistance point at $100, giving us 350%. Not bad.
