$PLTR Palantir Technologies Inc. LONG Trade Setup$PLTR got beat down after earnings .
We landed right on the .618 retrace from the low to it's ATH .
If this level holds, we have a very good entry for a swing trade.
Risk manangement is key here though, cause if the market wants to see Palantir even lower than this,
we might do a deep retrace and go down to the 17$ish area again.
Depending on how "longterm" someone would wanna hold Palantir, a very tight stop loss should be set.
Palantir
PLTR : Palantir UP Trend Continue.PLTR up remains like this and it reach our First target 28$. As we know 27$-28$ act as resistance and which stop it many time in past from making uptrend. I hope PLTR reach this very soon.
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PLTR : Big Resistances.Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. The company recorded revenue of $392.1 million in the quarter and non-GAAP (adjusted) earnings per share of $0.04. Earnings for the period were in line with the average analyst target, but sales beat the analyst consensus by $5.54 million. The big data analytics specialist also raised its free cash flow (FCF) target for the full-year period, but that wasn't enough to stop the stock from selling off following the earnings report.
But Still this doesn't work in its favors and drop down from resistances 28$ mark to 22$ mark. If it able to hold this position then we can see a up trend towards 28$ mark but if it keep moving down then 20$ is a good support for this.
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PLTR Q3 POST EARNINGS (SWING TRADE) NYSE:PLTR
Hello everyone! So I recently got the time to learn more about PLTR stock and I am quite bullish on this stock. Despite the fantastic Q3 earnings result, this stock has got beaten down >10% and ARK has loaded up more shares with this dip. In this post, I will be going through my technical analysis on PLTR and why I think a bounce will be due soon.
(Disclaimer: I have a long position in this stock)
1) Price is touching the long-term uptrend line drawn since IPO. It has bounced off nicely once previously on 12th May 2021(Marked red circle)
2) Price is touching the lower Bollinger band and too stretched out with the recent sharp dip
3) Price is hovering around the Fibonacci Retracement level of 0.618 which also happens to be near the uptrend line and lower Bollinger band, giving a cross-confirmation
4) Regular Bullish Divergence can also be spotted on both Daily and 4H timeframe, signaling that a bullish move may be due soon
PLTR is a great stock and if the price does continue to fall, I would expect it to find support at around the $20.5 area as drawn (Marked purple rectangle) which a rough downside of -10.1% as compared to a potential upside of 18.4%, hitting the area of resistance where I would expect the price to be met with selling demand (Marked purple rectangle).
Cheers, just my two cents!
PalantirPalantir engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. It offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. (Via Robinhood). I'm big on the defense sector and knowing how much the government trusts this company I need to take a deeper look. The main thing that impressed me with Palantir outside of their general scope of business was the attractiveness of the Hedge Funds that has this in their portfolio. I normally don't bank on things like this. However, Vanguard (5%), Blackrock (4%), and State Street (1%) has this in portfolio. I do need to do more research on this company I will admit, but I'm confident that we are at a good price now for a good profit down the line (1 year or more out). Looking at the chart, looks like we on a retracement to the upside with a recent bear flag breakout. On the 15 min TF (This is the daily) there is a gap that needs to be filled around $23.66 It also seems as if price wants to break past the 20/50 ema if it does reach that gap which would be a good thing for shareholders. As I do more research, I will up my consideration!
What do you think?
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$PLTR Palantir Technologies is at critical levels$PLTR is at a critical level here, basically hitting the IPO demand line without making a higher high before.
That demand line better holds, so PLTR continues to make higher lows,
if it breaks, look for support at the .618 retrace at around 22.50$
Below that, we have a little bit of history in the chart at around 21$ and the psychological support at 20$.
If we get a major selloff though, look for $PLTR making at least a higher low than $ 17.06, which marks the low of Mai 11th
$PLTR #PALANTIR SAME pattern...... EARnings Tuesday 9 pre market, I can feel that 30$ for shares coming soon
PLTR Target Price 28.38PLTR Entry Price 26.75
TREND LEVEL SIGNAL
Up Trend + Trend Line Level EMA 10 Level EMA 20 Level + Pin Bar
(Trend: Up Level: Trend Line, EMA 10, EMA 20 Signal: Pin Bar)
Palantir in trianglePalantir forms an ascending triangle. I expect the resistance to be broken before the next resistance. Further, the price may behave in different ways, I expect consolidation, and then further growth.
PLTR ER is coming up in the near future for Palantir stock. Can expect this to be around 19$ after their report if it goes to the downside which I'll happily load up on shares.
It is very possible this goes to the upside as well off of their report.
PLTR : Palantir UP Trend Start.This whole month for PLTR move in consolidation and finally it start moving up. But as we know 27$-28$ act as resistance and which stop it many time in past from making uptrend. So this time our First target is 28$ and I hope PLTR reach this very soon.
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Palantir Palantir believes its data mining platform -- which already serves dozens of government agencies -- will become the "default operating system" for data within the U.S. government. It then expects that battle-hardened reputation to draw more enterprise customers to its platform.
Palantir actively makes the strategic partnerships step by step. About the AlixPartner partnership, they said they will use their consulting services with its Foundry software to help companies address "some of the most complex and critical challenges facing the modern enterprise. ". It positively affected the Palantir stock price.
By breaking through the local resistance near $30 - there are high prospects to reach the previous ATH of $45 at the beginning of 2022.
Best regards,
EXCAVO
$PLTR calm before the storm - PT $27 to $45 by end of year$PLTR should be taking off shortly from it's current levels. Leading up to it's earnings report will be fairly lucrative.
Price targets
Conservative: $27
Ultra-Bull: $45
Impending Doom Due to Incompetent Government: $17
I'm not a financial advisor, I just post ideas that I'm using.
PLTR : Palantir consolidating. Palantir consolidating due to low volume if it get that then PLTR easily make a new uptrend because price action is clear and we don't have any strong resistance.
Lets wait and look for some more confirmation before taking any decision.
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PLTR - Past S now RPLTR is trying to knock it's way back into the pattern. If we can get back inside PLTR interests me alot although it does have ER coming up which can make this one pop or crater pretty quick. I'm buying shares for my ROTH in this name. Believe it'll be great for years/decades.
PLTR : Still consolidating. PLTR doing some consolidating due to presence of high volume around 25$ mark and it can make a new uptrend if buyers are in charge but if sellers take the charge then it possibly make down trend towards 20$ mark.
Suggestion for PLTR is wait for confirmation.
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PLTR, the next Generational Company! Time to start DCA!Palantir is the best SaaS company to buy this year, next year and the following years. Right now, the accumulation happening is crucial. The next leg up that will happen (2-4 years) with bring it to 40, an 80% move. A golden cross happened (buy orders taken) so technical analysis is bullish.
My discounted free cash flow model gives me a price target of 38.
What do you guys think of Palantir as a long-term investment?
Feel free to write it below!
PALANTIR - PLTR Pump!Ascending triangle is printing on the daily, meme stocks are coming back (not why I'm in this, but it helps)
See you on moon!
$PLTR #PLTR Momo turning upPalantir nice MACD curl and curling off the trendline support.
Can trade the ascending triangle or wait for a breakout as an idea. Good consolidation period I think the next move will be explosive... my bias is to the upside.
MY MINIMALIST ANALYSIS FOR $PLTR10.113.21 0842H +8 SINGAPORE
MY MINIMALIST ANALYSIS FOR $PLTR
ALERT: ENTRY
Let us see if it can bounce at the TOP of the SMALL BOX
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Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
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Price action, candlestick /bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.
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PLTR - channel bounceRecent bounce off lower channel
Strong resistance at 27.31, a breakout though should take it to 29-30 levels
Palantir..... a case of accumulation Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result decreased afterwards.
We either are in the last phase of weak hands shake out where we will get one more test and upwards price movement, or we get a spring like action to capitulate weak hands and we resume to the upside from there.