Palantir
$PLTR Next Move? Hello Trading Legends,
Let's have a quick look at one of the most popular ticks lately - $PLTR. I've been trading it quite heavily in the past and the results were more than satisfying!
It's not a secret the stock took quite a lot of beating lately, however PALANTIR managed to build some sort of cult and it reminds me of the early days of Tesla.
The Stock is trading sharply up today after announcing a massive $800M contract with the U.S Army. It needs to be noted that's a contract expanding over 7 years period, which makes it around $130M per year. Not a substation amount of money when you compare it to PLTR's $45B market cap. Government contracts are always solid signals and this one is not a small one either... would that make $PLTR too big to fail and would that bring more contracts? I guess we have to wait and see... Based on the current information and data it's hard for me to predict what the stock will do.
I absolutely love the company and the stock, however at the moment I don't see any strong signals in what directions the stock might go.
Will sit and observe but for now I'm staying neutral.
My first post here, hope you liked it.
Good luck and may the odds be in your favor, Trading Legends!
Noir21
PLTR LONG. WHEN TO BUY? TARGETSPalantir Technologies Inc. shares rallied in the extended session Tuesday after the data-software company said it was selected for a U.S. Army intelligence program contract.
The company said it won a $823 million contract to provide the Army with its Gotham platform, which is “an operating system for defense decision making and is specifically designed to connect the dots between disparate sources,” Palantir said in a statement.
Two buy zones here, and two targets. PLTR becomes fundamentally important system company. That's the point, not only money from the single contract like a ones time idea. My congrats to holders!
"Never fall in love with a stock; always have an open mind." "Never fall in love with a stock; always have an open mind." Peter Lynch
I started this article with this quote because I want my followers to know it before what I am going to recommend next.
I believe one of the best stocks to trade in the market is Palantir, and if I want to choose only one stock to trade that would be PLTR..!
Why?
Because I can predict its price movements and it is also volatile & liquid enough to create multiple trading opportunities!
I did not fall in love with Palantir, but it has certain criteria that make it a perfect choice..!
1- Liquidity: 32 Billion dollars average monthly volume price for a 45 billion dollars company!
2- Patterns that do not happen at random..!
let's review another quote:
Jim Simons: "We have three criteria: If it's publicly traded, liquid, and amenable to modeling, we trade it."
Now let's review my best Palantir analysis:
These analyses will show you how my Neutral-Mindset helped me to see the best trading opportunities in the market..!
While fake YouTubers talk about astronomical numbers and try to pump the stock, I use technical analysis to make the most out of it in both directions..!
I published at least 5 short analyses on Palantir..!
10/05/2021:(today) Buy signal at 23.12 only 5 cents above daily low, accuracy 0.002
Oct 4th, 2021:
September 28, 2021
:
Sep 15, 2021:
Aug 9, 2021:
July 29,2021:
June 29, 2021:
May 6, 2021:
February 17, 2021;
Jan 22, 2021: Call option with 285% in 4 hours..!
:
Best,
Moshkelgosha
PLTR : Palantir 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.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
PLTR : Palantir fall from hill.Now PLTR bearish trend reach trendline. In my opinion it do some consolidate and make a bull trend (because presence of buyers around 25$ mark). But if PLTR fail then the bearish trend remain and fall on support around 20$ mark.
Suggestion for PLTR is wait for confirmation.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
PLTR : Palantir doing rock crawling. Palantir doing rock crawling but as we seeing in chart 29$ is becoming a challenge and it already roll down two time if it break this time we see a up trend and our first target is 30$ mark to fill the gap. but if it fail this time again it can make a bearish trend.
If you agree then like idea and support me.
Mention your ideas in comment :)
9/19/21 PLTRPalantir Technologies Inc. (PLTR)
Sector: Technology Services (Packaged Software)
Current Price: $28.71
Breakout price trigger: $27.90 (hold above)
Buy Zone (Top/Bottom Range): $28.50-$26.80
Price Target: $30.80-$31.20 (1st), $34.20-$35.60 (2nd)
Estimated Duration to Target: 10-13d (1st), 34-37d (2nd)
Contract of Interest: $PLTR 10/15/21 30c, $PLTR 11/19/21 35c
Trade price as of publish date: $1.01/cnt, $0.77/cnt
$PLTR breakout already happening$40~63 PT (3 to 18~24 months)
$PLTR - solid business fundamentals, YES stock price is expensive but lots of solid business deals in the pipeline (with the government - very sticky), $40 SP is fair value relative to what the other crap is happening such as $NKLA (really crap).... and like crap stocks but with good stock technicals such as GME, AMC.... PLTR is a real deal. But of course nothing I stated here was very special - it was all obvious already for a while soured by the fear of interest rates going up. Interest rates going up actually helps PLTR too bc their competitors' borrowing cost goes up and they can eat them up with a bigger warchest. Anyways, love to hear your thoughts and ideas. Peace and thank you for reading.
Palantir is about to breakout?$PLTR backed by strong fundamentals and well-known leadership looks ready for a breakout that should take it to a new all-time high (ATH). This is one of the rare setups that have minimal risk and even if it does not work out as expected it would not be a loss since $PLTR is a solid stock which many have in their portfolio for the long haul. DYODD!
$PLTR stock analysis. Boxes trading strategyHi everyone!
Today I analyze NYSE:PLTR stock price movement.
For a preface, I consider Palantir a great company with interesting business strategy, so it's a buy for a long-term hold in my book.
But
We are here to analyze it's recent movements and decide where to buy/sell.
What's going on?
Price has been moving sideways in 16-27 range since February 2021.
Long-term trend channel established after bouncing from 16,38 level.
Strong supply level at 27,5.
Strong demand level at 20,88.
There are two notable shorter-term levels that developed in the last couple of months:
23,7 and 26,8.
Watch the price action around them closely.
What's next?
IF
27,5 is taken, we see melt up to 30,45 level.
ELSE
We test 23,7 again.
Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.
READY TO POP? | Palantir could breakout from hereNews has been relatively good for Palantir and could lead to a run. Regardless, we are approaching a pretty strong channel resistance which if not broken could lead to a sell off to $18.
Bullish: We are looking for a small wick out above this channel then a pullback to find support for a week or two, after we will see a strong push up and through that channel bringing us toward $28.20 by the end of October. Overall it's very likely we see Palantir back above $30 by the end of this year.
Bearish: If we respect this channel resistance firmly, we could potentially see a pullback to $18-$20 toward the end of the year (for the last time). If this happens, I will just buy more :)
DCJ | $PLTR
Palantir - detailed technical analysis A few words about palantir:
My point of view has changed a bit. A few weeks ago I mentioned a small bearish formation, but palantir invalidated it with a gap up island. This is a good sign of more upside pressure.
The chart shows the first signs of a developing channel. May 11th is considered to be a trend change day. Since then, palantir has been running very cleanly with impulse structures.
Wave 2 in white could be finished. Why?
1st indication: Wave 2 has already corrected very clearly and has bottomed out between 61.8% and 76.4%.
2nd indication: The lower trend line of the channel supports the assumption. Fibo + trendline represent a cluster. These are given special attention by the market. On the lower trend line, palantir 5 made very clear touches.
3. Indicator: After palantir bobbed around the lower trend line, there was a strong gap up. Since then, palantir has been running a little sideways and building strength. I see this formation as a bullish gap island. Bullish gap islands often do not appear alone. Rather, this will result in further gap-ups with corresponding gap islands.
All of these indicators lead us to assume that palantir is on the way to intermediate high at 27.56.
And this level is particularly important. All of the points I mentioned can be pulled back into bearish territory very quickly, provided that the high of wave 1 is not exceeded.
In my opinion, this has to happen as quickly as possible - preferably with a further gap up. Then we can assume that we are in an ongoing wave 3. This would open up the following targets for us.
- 35.06
- 37.54
- 39.03
That means we would leave the channel (to the upside!)
If this is the case, however, we have to expect another pullback into the channel (wave 4). Then a wave 5 could occur - this would then correspond with a channel projection. That means in the next year we could see significantly different prices (40+).
Important:
The setup remains active as long as we stay in the channel. In addition, the market should make a first attack on 27.56!
Channel projection & chart:
$PLTRPalantir stock was trading lower on Thursday but still holding the bullish tone established since a strong earnings report last week.
It also doubled its free cash flow forecast from $150 million to $300 million and outlined strong details of new customers and revenue generation from existing customers.
Interestingly, the company also disclosed that it had spent $50 million on gold bars as perhaps it seeks to combat inflationary pressures and invest its growing cash pool.
The stock is comfortably above the 9-day MA, the RSI is trending higher in line with price and has also formed an ascending triangle on the daily.
Keep this on your watchlist!
- Factor Four
Swing trade on PLTREverything is on the chart, aside of having some other buy side algos kicking in, basic chart geometry suggests potential upside swing to the golden zone above. Everything is on the chart. Entering small risk position and watching for new higher lows...
What do you hear? Nothing but the rain. Keep calm.