Get started

PLTR

PLTR: Trading near its bottom!Hello traders and investors! Let’s see how PLTR is doing today! As we thought in our last analysis, since PLTR lacked stronger bearish structures, it stopped at the gap area, which is working amazingly well as a support level. Now the bias is not bearish anymore, as the 21 ema got flat, and it seems PLTR wants to reverse. The $ 23.97 is a pivot point, and by breaking it, it’ll trigger the next movement to the $ 24.94, the next resistance. Now, let’s see the daily chart for more clues. Here we can see better, how the Gap worked as a support for us and the $ 23.19 is now the floor for PLTR. Since PLTR dropped too fast since the $ 29 area, it won’t be easy to reverse and resume the bullish bias, but the bullish reaction seen just above this support level is a good start. The only thing missing here is a good volume, and the price is still under the 21 ema, so let’s be careful. If you liked this analysis, remember to follow me to keep in touch with my daily updates. Support the post if it helped you! Have a good day!
P
by Nathan_The_Finance_Hydra
2
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.
P
by NQunlocked
$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
P
by 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!
PLong
by THG_trader
WATCHING $PLTR - Key Levels & AnalysisWATCHING $PLTR - Key Levels & Analysis PALANTIR Technologies made a nice after-hours move up 13.2% due to landing 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. (Source:MarketWatch) It jumped & closed beautifully above the 20MA making it a possible play for tomorrow. ———— Red = Resistance Green = Support Blue = trend lines 180 EMA = Purple I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me. I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.
PLong
by SPYder_QQQueen_Trading
1
PLTR: Just filled a gap! What's next?Hello traders and investors! Let’s see how PLTR is doing today! We had a Red Monday yesterday, and PLTR crashed along with the rest of the market. Now, what’s for us here? First, let’s keep in mind that PLTR just filled its gap at $ 23.19, and now we have the beginning of a bullish reaction. This candlestick pattern could be a Harami, which is not the best reversal pattern, I agree, but since it is near such a good support level, the odds of a reversal increases dramatically. In addition, PLTR has been dropping since Sep 24, but the volume was below the average. This is another sign that PLTR has been dropping just because it has been following the market. We still don’t see any meaningful bearish structure that could sustain this drop for too long. In fact, there’s a good chance that we just hit the bottom for now. What we must see is a clearer bullish structure in the 1h chart: If PLTR closes above the previous support level at $ 23.67, it’ll be a good sign, but what we really must see is a bullish structure. So far, PLTR has been doing lower highs/lows, and as Dow would say: Trends persist until a clear reversal occurs. This week is going to be decisive on PLTR, and if you liked this analysis, remember to follow me to keep in touch with my daily updates. Have a good day!
P
by Nathan_The_Finance_Hydra
5
PLTR: This is the BEST place for a REACTION!Hello traders and investors! Let’s see how PLTR is doing today! The pullback was more intense than we expected, but the situation was always under control. In the short-term, we triggered a bearish pivot point at $ 27.91 (red line), and this made PLTR seek its next support levels. The $ 25 area was a floor for it, and now, any good bullish reaction might be just an excuse to buy. In the daily chart, we see that the $ 25 area coincides with this nice purple trendline, which is connecting PLTR’s bottoms since May. Considering we are clearly in a bull trend, doing higher highs/lows, I see this just as a possible opportunity to buy. So far, we have no confirmation yet, but we might see something good soon. Now is the best place for PLTR to find its support and start to react. Remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you! Have a good day.
P
by Nathan_The_Finance_Hydra
6
What are the support levels for Palantir?PLTR sits at the upper border of the most important support zone: 23.60-25.75 We also have the bullish trend line in the middle of this zone. closing below 23.60 could push PLTR to the most strong level of 21.5..! I believe by mid-October we can have a better estimation of the price trend, meanwhile, we wait for the price action and sign of reversal! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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. Moshkelgosha
P
by Moshkelgosha