Get started

PLTR

Looks exhausted! 👀Hey guys! PLTR was pretty bearish today, but the big explosion I was waiting after a breakout from the Bollinger bands didn’t occur. This may be because we are already pretty oversold in the 4h chart, and near the 50% retracement. The movement was very weak, not as expected from a breakout from a distribution. We have another RSI divergence again. The RSI is at 26 in the 4h chart, and it’ll be hard for it to drop under this level. It is not impossible, though, as it did something similar on the beginning of May. Although PLTR is a good stock to trade, and it is worth doing it at these levels, it is a good idea to start looking for stocks that are not that correlated to any index. For instance, one of my public trades was on ABT, a stock not so popular which performed very well recently. It might give another chance to buy it again soon. This is a very boring stock, but it is easy to work with it, and you might use leverage if you think it s too slow for your taste. This is a smart use of leverage. I’ll keep you guys updated on PLTR, but for now, we must wait for our chance here, ok? For now, I think there are better stocks to trade. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
11
Is PLTR a wise bet right now? 🤔🤔🤔Ok guys, despite the advanced breakouts on the 30min chart, PLTR is not flying right now, but in my view, it is a good thing that it keeps accumulating. The BBs are very tight, and sooner or later, it’ll do a breakout. The risk-reward ratio is more interesting for long trades, because we have too many supports and the RSI is quite oversold in the 4h chart: If PLTR loses the 50% retracement it might just hit the 61.8% at 21, but we must consider the RSI. But if we explode upwards, it looks like there’s no limit to PLTR! Nevertheless, it is always important to work with targets, and the resistance at 25.05 is the first one PLTR will have to deal with during its ascension! I already have my strategy for PLTR, do you have yours? I think PLTR is one of the best stocks to trade around, but certainly is not the n# 1. I see stuff much more interesting than PLTR around. 😊 If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
6
Short this hypergrowth index!Good evening from Croatia, Let's have a look at some of my favorite stocks which I am keen on. I use this index quite often to find out whether these hyper growth stocks are going to perform well. It looks like a double-bottom pattern is forming into the mid term. We have to find out if this double-bottom will hold the support or break through it. This might look like a wyckoff accumulation pattern. I would recommend though to short these stocks in the short-term. Have a great day and let's rock the upcoming week. bbpetersen, NYSE:PLTR NASDAQ:TTCF NASDAQ:NNDM NYSE:SKLZ NYSE:FUBO
PShort
by bbpetersen
19
PLTR Testing Make or Break Supports1. Palantir is nearing a strong support zone (21.00-22.50) that it recently reclaimed. The support zone was reclaimed quickly after breaking, solidifying the strength at and beneath 21.00. Price just bounced at the top of the zone, yet I believe it will fall through to test the bottom of the support zone and consolidate within the zone briefly, reaffirming strength above 21.00. A powerful move to establish an uptrend could follow this confirmation and consolidation. Testing of 21.00 would also complete an inverse head and shoulders pattern. 2. Above the support zone, the next level is a 27.50 resistance. ARKW sold 13.1%. of their shares at this level last week. ARKW still holds a large majority of their shares and demonstrated good profit taking with the small sale, after purchasing upwards of 4 million shares in 2021. ARKW's sale caused some shake out of weak hands and brought shares down to the 22.50 support level. Shaking weak hands and ARK's aggressive bullish direction on PLTR are both good signs. 3. After some consolidation, I think shares can test the 27.50 resistance prior to August 12th earnings. After a test of 27.50 around earnings, a strong report could push shares above the resistance, and confirm that shares have re-entered an uptrend.
PLong
by desai0820
Will PLTR explode next week? 🚀Yes, PLTR has many advanced breakouts, as some of you noticed, and this is intriguing! We already broke the resistance at 23.20, but we are still accumulating. The Bollinger bands are still very tight, and sooner or later, we’ll explode, and the chances are that it’ll be up. We still are oversold in the 4h chart, and we still have a long way to go. The support levels are working fine for us, and the risk-reward ratio is very good. We must keep an eye on PLTR from now! I’ll keep you guys updated! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
9
PLTR: Time to buy? A complete study!Hello traders and investors! Let’s see how PLTR is doing today! Let’s do a complete Multiple Time Frame Analysis (MTFA) on it. First, in the 1h chart, PLTR triggered the H&S chart pattern that made it drop to the support at $ 22.35 (red line). This movement was quite bearish, but there are some interesting points to keep in mind. It has two open gaps , both are breakaway gaps , as they break the support levels made by the thin purple lines by doing a gap, not by opening above the support and breaking them intra-day. This shows that the bearish trend here is strong. Now we just hit the support at $ 22.35 and we have a bullish pivot point at $ 23.39 . If PLTR defeats this point, it will defeat the 21 ema too, and it might work as a mid-term reversal seen in the daily chart: The $ 22.35 is even more interesting now, because it is the 50% Fibonacci’s Retracement in the daily chart, and if PLTR triggers the pivot point seen in the 1h chart, it’ll confirm this dual-support level and we’ll bounce back up in the mid-term. Given we have many open gaps in the 1h chart, we can assume that PLTR will be attracted by them in the mid-term, and it’ll do a rally to close them. But there’s more: In the weekly chart, we already defeated the 21 ema, and the last 2 weeks were bearish, but the volume was quite low, indicating that this is not a true bearish reaction. We just found the 21 ema again, and it is working as a support for us, making it not a dual-support level, but a Triple Support level (red line 1h, 50% retracement daily, and 21 ema weekly). The $ 27.47 is the target in the mid-term, but honestly, I’m aiming for the gap at $ 31.34 . Since me and my followers bought PLTR at the dip around $ 20, we are just fine, and I see this pullback as another opportunity to buy. We’ll see how PLTR will behave in the next few weeks. Remember to follow me to keep in touch with my daily studies, and support this idea if this insight was interesting to you. Thank you very much, Have a great weekend!
P
by Nathan_The_Finance_Hydra
All going as planned! 👍 How to proceed now? 🧐Again, PLTR did exactly as we planned, and it did hold around the support area we talked about yesterday. Just like WISH, we have an RSI divergence + advanced breakout. All of this is great, and tells us there’s a good chance PLTR will do something good next. In the 4H we are still oversold, and we do have a good candlestick, as we expected. Now there’s a good chance PLTR will fly again but remember: Always trade with a strategy! I do have mine, be sure to have yours! I see PLTR at 25 is it triggers its buy signs! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
4
Let's calmly wait for our chance! 👀We have several interesting signs here. First, the 30min is too oversold, we went outside the BBs today, and there’s no way it would keep falling in this situation. The RSI is at 25 rn, but it was at 17 during the morning. We don’t see any good buy sign around, and we can’t see a bullish candle, but we have some points to bear in mind when we look at the 4h chart. The 22.82 and the 22.37 are our main support levels for PLTR, and by analyzing the oversold RSI at 26, there’s a good chance it’ll hold here. We have no confirmation yet, but at the first bullish candlestick we see around we must stay alert, as this might reverse the trend! I’ll keep you guys updated! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
2
PLTR - 2 scenarios, 1 likely There are two scenarios as the trend lines show. White lines suggest the bearish path. The yellow trendlines suggest the continuity of price moving upwards and forwards. In my opinion, the retail investors have already reacted to the news of CW selling PLTR stocks and as such we have reached the bottom already. Sellers have hence exhausted their potential. Bulls should take control and move the price up (just look at the yellow trendlines). If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay motivated. For any questions or comments, do let me know! -- For educational purposes only. Do your own research before making investment decisions.
PLong
by v4runs
What to do with PLTR? 😱 Check these points...So PLTR finally hit the support at 24.52 and look how it couldn’t close the first candlestick above the resistance at 25.05. And some people don’t like TA! We have a weak bullish divergence on the RSI and the BBs are getting tight again! Soon PLTR will explode again, and I think it’ll go up. It is pretty oversold in the 4h chart too, but the thing that it is missing here is confirmation. We have no good bullish pattern around here, just a few indicators telling us that this could go up next. PLTR is not a buy yet, but it’ll be soon. Let’s calmly wait for our chance. I’ll keep you guys updated If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
12
PLTR: Time to panic? A Multiple Time Frame Analysis!Hello traders and investors! As you asked, I’ll look at PLTR again this week! Some people are getting nervous about it, so, let’s talk about it. We'll do a complete Multi Time Frame Analysis (MTFA) today. First, as some of you pointed out, yes, we have a H&S pattern in the 1h chart, which was triggered, and it already hit its technical target, at $ 24.52 (previous bottom). Now, not by coincidence, it is starting to react. This point is a good bottom candidate. If you look at the daily chart, PLTR dropped sharply since it retested the resistance at $ 27.47. This movement was extremely technical, as PLTR hit the resistance, did a bearish engulfing, and now it is seeking supports again. But remember: The trend is still bullish . We have higher highs/lows, and the 21 ema is going up. We are slightly under the 21 ema now, but that’s ok. PLTR went up a lot since May’s bottom. The weekly chart gives us another clue about PLTR. It is dropping sharply this week (-8%), but the volume is extremely low, indicating that this is not a true sell-off, but only people not interested in trading PLTR at $ 27, so the price must drop a little bit more to get more interesting. This bearish candlestick came after a series of seven white candlesticks in a row, so, this was already expected , and there was no better top candidate than the resistance at $ 27.47. As this is just a pullback, in my view, I see no reason to panic, and I still see PLTR filling the gap at $ 31.34. I hope my insights helped you, and if that’s the case, remember to follow me to keep in touch with my studies, and support this idea if you liked it ! Thank you very much, have a good weekend!
P
by Nathan_The_Finance_Hydra
12
Just doing what it should do! 🤓PLTR did exactly what we expected it would, again. It is extremely oversold in the 30min chart, and we could see a rally to the 26s at any moment. The question is, will it be a buy sign, or a dead cat bounce? In the long run PLTR is a buy, but right now we must see more signs. We lost the red line, and the RSI is at 38 rn. This tells me PLTR could drop a little bit more, but if it holds around 24.70, we’ll see a rally to the 26s. It must do this movement quickly, and tomorrow, preferably. Is there any hope for PLTR? Of course, and as I said, PLTR is a buy, especially for the long run. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
3
What you should know about PLTR! 👀What you should know about PLTR! 👀 Today PLTR stressed our support levels we talked about yesterday, but it didn’t break them. These supports are holding the stock pretty well, and the more it accumulates above these levels, more interesting will be PLTR’s next movement. I think this is a good movement on PLTR. The BBs are getting tight again, and the RSI is starting to get oversold. But maybe this is not enough: We just hit a resistance, and we have a bearish engulfing in the daily chart. The pattern was triggered today, and the RSI has a long way before it gets attractive again. All of this indicates more correction, but I don’t think this correction will last too long. The closer it gets to the 25, the better. Soon it’ll give us another trade. No, it is not the time to buy, thanks to these signs, but it is not the time to go short either. Let’s calmly wait for our next play. I’ll update you guys every day. Keep in mind that our target is the 30s! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
4