PLTR: Example of how to do a Bullish Thesis.Hello traders and investors! Let’s see how PLTR is doing today, do a complete Multi Time Frame Analysis (MTFA), and I'll share with you my bullish thesis on it.
First, in the 1h chart, we see a strong bull trend, and PLTR is just doing higher highs/lows without a rest. The 21 ema is pointing up, and there’s nothing indicating that it’ll drop.
Only if we lose the purple trendline in the 1h chart we might see a decent pullback in the daily chart, but for now, we have no bearish confirmation, and the trend is 100% bullish.
In the 1h chart, it seems we have a Cup & Handle chart pattern, and the target of this pattern is the $ 27.47. Even if PLTR does a pullback in the daily chart, let’s say, to its 21 ema, the trend would still be bullish in the mid-term, and wouldn’t change our bullish thesis.
The $ 27.47 is another key point. It is not just the target of this Cup & Handle, but it is a pivot point in the weekly chart :
If PLTR defeats the $ 27.47, there is no other meaningful long-term resistance other than the $ 45 . What’s more, the chances of a breakout are very high, and this is evidenced by the volume , which has been increasing a lot in the past few weeks.
We have more targets to work with in the mid-term, like a gap at $31.34, but if you aim for the long-run, PLTR is a fantastic stock to own, given all the patterns it has been doing. And this is how we build our thesis, based on technical analysis (or fundamentals), not on what we "think", "believe" or "guess". Nobody else's opinion matters, not even mine. Only the charts matter.
If you liked this analysis, remember to follow me to keep in touch with my daily updates, and support this idea if it helped!
Have a good weekend!
PLTR
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
$PLTR WeeklyPalantir looks good if we can see a break with volume above the $25.59 AVWAP.
OBV indicator bullish and I like the 8EMA crossing the 21MA indicating a further move to the upside.
I'm long the 9/17 $26C , will close if there is rejection at the AVWAP due to timing.
PLTR: Will it hit our target again? Let's see.Hello traders and investors! Let’s see how PLTR is doing today! We have many interesting key points to watch this week.
First, in the 1h chart, the trend is 100% bullish . We have a sequence of higher highs/lows , and there’s nothing indicating that PLTR will drop.
The 21 ema and the red line at $ 25.74 made a dual-support level , which PLTR must not lose. Otherwise, it’ll trigger a possible Head & Shoulders chart pattern , and this would delay our plans, but wouldn’t invalidate our bullish thesis.
If PLTR triggers any bearish pattern, the 21 ema in the daily chart is the support for us:
It wouldn’t be the end of the world. The volume is quite good, indicating that this is a healthy bull trend. We have some remote chances of a pullback, but the price is not confirming anything yet.
So far, PLTR is just heading to our target at $ 27.47 . But now it is not the time to buy, as a good buy was around the $ 20s, when I bought it. Let’s see how it’ll behave when it hits there. If you liked this analysis, remember to follow me to keep in touch with my daily updates about stocks and indices!
Have a good day!
PLTR - MACD Crossover on weekly chart - good signI like the weekly chart, a good sign for uptrend continuation with MACD crossover,
however, we have two resistance point need to brake,
trade with caution!
AMCAMC was able to hold the 40 level on Thursday and Friday and has formed a small bull flag pattern.
If AMC can't hold the 40 level, it can make its way back down to 37. If AMC can hold above 40, it can bounce back into 46. Over 46 can cause a bigger breakout.
PLTR: Yes, we nailed another good movement! What's next?Hello traders and investors! Yes, we nailed another good movement on PLTR, as it did a good reaction around the 61.8% Fibonacci’s Retracement as we said in our last analysis, and now it is just flying. The link to my previous analysis is below this post, if you are interested.
Now PLTR is facing the resistance at $ 25.94, and it couldn’t defeat it today. This increases the odds of a pullback, but since we are in a bull trend, pullbacks would be just opportunities to buy.
If it drops to the red line at $ 25.41 or to the 21 ema, great. Now let’s look at the daily chart:
The daily chart looks bullish, and the volume is good too. We are above the 21 ema, and there’s nothing telling us that PLTR will drop. Corrections in the short-term shouldn’t be enough to ruin the bullish bias here.
Now it is not the time to buy , as we must buy near support levels (like the Fibonacci’s Retracements), but maybe PLTR will find a short-term resistance in the 1h chart, and if this creates a correction, it’ll be an opportunity for the mid/long-term.
If you liked this analysis, remember to follow me to keep in touch with my daily studies.
Have a good weekend!
$PLTR: Have we finally found our inflection point? (Do or Die)ARKK making a strong name for itself after the Jackson Hole meeting. Are we nearing the breakout point or will we continue to see more waiting and what will ultimately happen with the ARKK index at this juncture? We will see! Good luck traders :)
Watching PLTR for reversal head and shoulders confirmation. PLTR has been forming a reversal head and shoulder pattern since February. I will be watching price action for confirmation of pattern and break in neckline at 27.40 level in the coming weeks. If a breakout occurs I anticipate some nice quick upside to $30+. If we do happen to see a pullback I am expecting price to bounce on the trendline that has been established since May. Regardless of short term price action I think this is a great company to buy and hold for the long term.
PLTR: Could it fly to the All-Time High again? Complete MTFA.Hello traders and investors! Let’s see how PLTR is doing today, and do a complete Multi Time Frame Analysis (MTFA) looking at the 1h, D and W charts.
In the 1h chart, we have a strong bearish candlestick, and PLTR lost the 21 ema and it hit the 61.8% Fibonacci’s Retracement .If it confirms any bullish pattern, it could be an opportunity to buy, in my view, but so far, we have nothing interesting for the short-term.
The problem is that PLTR has been in a congestion since its earnings, but since we have a support level at $ 23.67, I don’t see PLTR reversing or engaging in a bear trend.
In the daily chart, we have a trendline connecting the previous bottoms, and despite the congestion after earnings, the bias is still bullish in the mid-term.
We are above the 21 ema (which is pointing up, btw), the volume is good, and we have no bearish structure around . Maybe this sideways correction will make the 21 ema catch up with the price, and this is ok.
In the weekly chart, we still have the idea of an Ignition Bar followed by a Gift pattern . If triggered, these patterns can trigger the pivot point in the weekly chart, at $ 27.47, and make PLTR fly to the ATH again. Given the fact we are in a bull trend in the mid-term,a nd we have no bearish structure around, this is a plausible scenario, but it is going to take a few months to materialize.
Let’s follow it closely from now. If you liked this idea, remember to follow me to keep in touch with my daily updates.
Have a good day.
PLTR Elliot Wave, Nice bounce off .61 Fibonacci retracementWe could be looking at the beginning of wave 5 here on PLTR to test previous high.
PLTR - Example of many - Throw Overs in Equities Complex.PLTR is ranging ahead of Jackson Hole.
Many charts have precisely the same setup.
HK was asked IF PLTR was a SELL - We do not Sell
PLTR, nor would we at this time for reasons we'll
cite below.
For "Appearances" - the .500 is the Target as the LTL
contained Price from further declines as Insiders continue
to SELL and Distribute their shares.
Chop into the break with a P/E of 100, this richly valued
"Disruptor" has remained ahead of itself. The move from
35 to 25 was being promoted as a Value proposition by the
Financial Media...
Presently, there is an Air of caution surrounding PLTR as
Valuations and Distribution is coming under scrutiny.
Never Underestimate Wall Streets ability to Fill their SELL
Fills. It will be interesting to watch the Fill into the next
P/E Adjustment as Q3 earnings are going to be a fairly tale.
A great many charts show precisely the same pattern.
The State of Colorado has become the 2nd Capital over the
prior 3 decades. Companies such as these we avoid, as they
are the newer group of MID protected entities.
HK Is a resident and has visited Lockheed's Sites here. The
State remains the life blood of MID for the 21st Century.
Fusion research/development has been advancing here
for well over a Decade.
FAA/CDC Contracts are prime example.
* Disclosure- No Position
PLTR: Complete study for the weekend (H, D and W charts)!Hello traders and investors! Let’s see how PLTR is doing today!
It is impressive, but today’s drop was just a pullback to the previous support at $ 23.69 (we hit $ 23.67), and it is reacting again. The movement was extremely technical, and it looks like a sideways correction , rather than a real sell-off.
When we look at the daily chart, we see that PLTR simple can’t drop, but since it wen’t up a lot after earnings, it can’t keep flying. A sideways correction is the best scenario for PLTR, and it is getting closer to the 21 ema now.
Since we are near the 21 ema in the daily chart, and we just retested the support at $ 23.69 in the 1h chart, I see a good buy opportunity on PLTR.
In addition, if you plan to hold PLTR for a while, the situation is looking great:
In the weekly chart, we have the classic Ignition Bar followed by a Gift candlestick pattern. The high volume reinforces this incredibly bullish pattern. I bought PLTR around the $ 20s with my followers, but if you ask me, there’s still time to buy it , even after it is going up almost 20% for us.
We have a pivot point at $ 27.47 (red line), and if PLTR defeats it, the $ 45 is the next technical target. Therefore, there’s a lot of room for PLTR to go up.
If you liked this analysis, remember to follow me to keep in touch with my daily updates on stocks and indices.
Have a good weekend!
Palantir - No resistances till $26-$27 👍-Palantir increased its full-year 2021 adjusted free cash flow outlook by 100% and is now projecting $300+ million while maintaining its 30%+ annual revenue growth through 2025.
-Palantir added 20 new customers in Q2 2021, its average revenue per customer increased 19% to $7.9 million, and average revenue per top 20 customers grew 36% to $39 million.
-Palantir ended Q2 2021 with $3.4 billion in total remaining deal value, which was an increase of 63% YoY.
-Palantir is being conservative, and based on its growth rates, will exceed $400 million in Q3 2021 revenue and produce another earnings beat.
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.
TSLA: Crashing today! Next key points to watch from here.Hello traders and investors! Let’s see how TSLA is doing today!
We lost the support at the gap area around $ 687, and today we lost yesterday’s low, a sign of weakness. What’s more, TSLA triggered a bearish pivot point in the 1h chart, indicating a bearish reversal sign for the short-term.
This bearish momentum might last for a while, and as long as we don’t see any clear reversal sign, TSLA will just seek its next support level.
However, it is interesting to notice that TSLA did two gaps, as evidenced by the yellow squares. Both gaps are Breakaway Gaps , and this movement reminds me of PLTR. Just check PLTR’s chart below:
I see TSLA doing a similar movement PLTR did a few weeks ago. Since TSLA has many support levels to work with, it still has good chances of filling at least the last the last Breakaway Gap in the next few days/weeks. Nevertheless, this doesn’t mean TSLA won’t drop. As I said, we have no bullish reaction so far , and the area between $ 627 - $ 621 is the next support level for us to work with.
In the daily chart, we see why the $ 627 - $ 621 is a good support level for us, as it was previous support. What’s more, TSLA failed in reacting around the 21 ema, and this ruined the bullish bias. On the bright side, we lack bearish structure in the daily chart, meaning that this is more like a crash, rather than actually a sell-off.
Yes, TSLA has more room to drop in the short-term, but if it does a good reaction quickly, it might be a good opportunity.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day.
BTC Teethers to the real market....is there a correlation? In this first of many videos I have gone through a list of 100+ stocks and marked the placement of the teethers and the actual price point at the time I marked them. I will filter down this list to any stock I see a underlying correlation to the price action of the stock. I have used this technique to predict the bottom of bitcoin when it hit $30k and bounced. So basically finding the bottom twice with extreme accuracy. I actually believe I have some Ideas posted showing this bounce. and also some ideas showing where it would go afterwards. Being that bitcoin is above $42k I believe my 6 predictions leading up to it plus the two bounces at the bottom were all correct.
So I had a wild Idea....what if there is some correlation to the real market. A lot of companies are invested in bitcoin these days and a lot of institutional buying is also invested in bitcoin. If algos are trading bitcoin then it would be my belief that there is a correlation to the market and crypto through the algos that are being used. If a major institution is trading btc using its algo, and it is also trading the regular market, it would probably show in the price action in the same way. In just this first video, I think I prove that.
You are welcome to try and recreate what I have done here but I have acquired savant syndrome, I doubt you will see it the same way I do. There really is nothing to what I am doing that is special. I am just analyzing what I see, comparing that to the curve, wyckoff methodology, Candle stick technical analysis, Node analysis, and pattern recognition.
It takes me about 30 mins just to upload a video to Tradingview. So this will be 1 of probably 15 videos over a months time most likely an on going thing after the initial set that covers the first look. I will have to continuously adjust the list of the stocks that are showing some type of correlation to the BTC Teethers. Then Come up with an Ideology of how to interpret which lines are interacting with Price Action on each stock. If there is a Strong Correlation or a slight. Then come up with a test to really see if this stands up as a solid indicator. If anyone would like to help fund this, it would be much appreciated as it would take up 8-12 hours a day for months if not years. Finding early results would be easy but really finding out how this plays our will take months, each stock. Contact me here if you are interested in helping and I will post you in the credits plus give you first hand review of all the findings as I go through them. Thanks for watching.
by iCantw84it
08.17.2021
Trading Plan on PLTR for the current range.Today we will take a look at PLTR.
a) The price is inside a range since March 2021. The support and the resistance zone define this range.
b) There is an accepted idea that the expected target of a range breakout is its length above or below it. Using this, we can project a minimum target on the yellow arrow if we have a bullish breakout. However, if the price keeps going up, the next resistance zone we may encounter is the previous ATH
c) Ok, great. But how do you plan to trade this? - We want to observe a corrective pattern on the edge of the range with the same proportions as the previous one. IF that happens, we will set pending orders on the green activation line. Our stop loss will be below the structure. The break-Even level is the range projection. Our Target will be 42.60 to be conservatives.
d) If everything goes as expected, we think the movement can take between 15 to 30 days
e) We will risk on a setup like this 1% of our Capital on the stop loss.
Thanks for reading!
Palantir (PLTR) UpdatesI haven't talked about Palantir since March 2021,
I was certainly expecting better performances, but I am staying absolutely long for the long term.
The reasons why Palantir is a must-have stock are many and will be analyzed more carefully for the private group participants (stay tuned because there will be a special price at the launch), you just need to say that we are talking about one of the real big data giants. We speak of the present but also, indeed above all, of the future.
After the March investment, the price broke the resistance of $ 21 after testing the level twice, but it did not "lose" enough to be able to make another entry that I would have made if the tightening had occurred until the area of $ 12.
After the break in May, the price quickly and strongly resumed the price of $ 21, and then touched the area of $ 27 (corresponding to the 382 Fibonacci level, see chart).
After a foreseeable retracement again in the $ 21 area, a very important level for the future, after the Earnings on August 12, positive with a surprise of 13%, PLTR opened in the Gap and then basically remained stationary on Friday 13.
The uptrend may have started, we are on the "C" leg of the more classic ABCD pattern.
The key level that needs to be broken to the upside for Palantir to be sure to be in an uptrend is $ 27.52.
PLTR is part of my long-term portfolio, in August I don't usually trade with a few-day swing because the volumes are low and the American indices are at all-time highs.
It is reasonable to expect a pull-back in the short term, something will certainly happen when the Fed changes its interest rate policy.
Consequently, the new levels where you can enter or add size to the position are $ 21 and the "new" $ 17 marked in May.
The targets for those who instead moved with short time horizons:
27.52 $
34 $
45 $ (where I too would take home some profit)
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.
Good Earning Report, bias on upsideMid-long Term good counter.
$20 base was breach previously however the price managed to support overall.
Therefore, bias on upside.
PLTR - Short term Long (weekly)Disclaimer: I consider this a risky stock so I advise caution
We all saw PLTR have a good earnings release that caused the monolithic upwards gap last week and finally breaking out of its base. Since then the stock has been trending sideways creating a pennant. As a result of a good earnings release as well as Bullish ADX and DMI, I strongly believe that PLTR will hit the 27's (macro-structural resistance) by the end of this week.
the start of something big, +200% short term Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.
