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.
PLTR
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 - 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, 4 Hrs, Butterfly PatternPLTR, 4 Hrs, Butterfly
Buy @ 19.08-18.10
Sell @ T1: 22.34 , T2: 24.99
Stop Loss @ 16.53
Please. Read the disclaimer, and do your own diligence.
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DISCLAIMER:
I am not a financial /investment advisor. All information i am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
PLTRPLTR
You can find SR by using the trends by using Downtrend channels, with chart pattern and support zone.
PLTRHere you have at your disposal the supports orange and red lines and the green lines resistors.
Short-Term Analysis.
I hope it helps you. Sincerely L.E.D
In Spain at 12/16/21
PLTR Here you have at your disposal the supports orange and red lines and the green lines resistors.
Long-Term Analysis.
I hope it helps you. Sincerely L.E.D
In Spain at 12/16/21
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.
PLTR - Double bottom? Good setup & price for LT hodlers/LEAPSDear Tradingview Community
This areas already functioned as a support last week, when it bounced around the 18 mark.
The double bottom is the sign of a reversal but, this doesn't mean it's 100% sure it's gonna happen.
The current micro-economics (inflation and FED fear) don't look good for a lot of growth-stocks and a further slide down is still possible (but let's hope not).
I'm not gonna set a PT because i'm in it for the LT, but on the chart you can see some supports and resistances.
Have a good trading week!
Disclosure: I opened a LEAP position for the 19th of 2024, so that i can practice my PMCC
Long PLTRPrice is finding support around the trendline that previously acted as resistance.
While price remains above the $20 lows my outlook remains bullish.
Buys at these levels with a stop at $20 offer an excellent risk/reward ratio assuming price can go back to the all time highs
Long PLTRThe market correction is creating a good buying opportunity in NYSE:PLTR
The stock looks bullish above $20
Adding to my position here
Head and shoulders pattern completeTextbook head and shoulders pattern complete. Clear break of the neckline and to sell down to the distance of the left shoulder and neckline. Could see a bounce here
Like, follow, comment! Thanks
*not financial advice*
PLTR TECHNICAL ANALYSISpltr looks like it wants to break trend and recover to fill the gap on daily.
gap level
- 22.60 - 24
feel free to give and/or suggest advice on anything.
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.
This information would be my gift for the end of the year!If you search the net and youtube, you will find lots of analyses that Palantir will go to the moon, Mars, or whatsoever!
But I think this level could be a safe entry for the next 12 weeks!
While everyone buys PLTR because of ARK investment, I would like to buy because Reniacence technologies increased its position by 1519.13% on September 30!
However, I am buying this 20% cheaper !
This post is dedicated to the American mathematician Leonard E Baum, who was the master of buying the dip according to James H. Simos..!
Entry: 20.50
Stop loss: 20
Reward/Risk: 14
Target range: 27.5
Time Frame: 12wks
Possible gain:34 %
Possible loss: 2.44%
Position size: 5% of trading capital
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$PLTR - $17 first target, SHORT OpportunityKeeping my price target since my last post about a double bottom. If it doesn't hold, then will see $15 and lower. I would continue going short. Currently not a long trade as all indicators are pointing much lower with more selling pressure.
$PLTR - Low Risk, High Reward Short Candidate$PLTR finally lost the $20 support level that has formerly held strong across many months. This in and of itself indicates that bulls have run out of steam, and that the bears are in control.
Alongside the loss of the strong support level, current market fundamentals do not favor growth stocks such as $PLTR, meaning that bulls will have a really difficult time reclaiming the newly lost support.
Short are valid all the way down to $17, where we may bounce and begin our reversal. I'm currently holding 12/17 18Ps which I picked up for cheap upon the loss of $20.
PLTR : Palantir consolidating. Palantir doing consolidation. If is able to hold this position then a good uptrend is expected.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
Palantir Bearish. PLTRZigzag in B Wave post divergence. Wave C technically confirmed yet, but it has a convincing look and feel already. Momentum is also bearish either way.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern.
In my opinion the price is now targeting the 21.30$ 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 Distribution ?PLTR looks like a distrabution range. if we break down I dont see much support until $10.
PLTR : Palantir consolidating. Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. But Still this doesn't work in its favors and drop down from resistances 28$ 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 :)