If you have Palantir in your portfolio for the long term read..!I know many people love Palantir as a good long-term, but you can buy it much cheaper in the coming months..!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Palantir closed at 21.15, which is the lowest closing price since November 23, 2020.
Classily whenever Palantir had touched 21, bounced back the very same they, but today the story is much different.
how different let's review the daily trading value (DTV) and 5 days average trading value (WTV)in the past 6 times:
1- NOV 23,2020: DTV 1.78 B , WTV 7.85 B
2- DEC 02,2020: DTV 3.55 B, WTV 23.8 B
3- MARCH 5,2021: DTV4.15 B, WTV 14 B
4- MARCH 25,2021: DTV1.68 B, WTV 7 B
5- MARCH 30, 2021: DTV1.14 B, WTV 7 B
6- APRIL 20,2021: DTV1.02 B, WTV 7 B (I published analysis for stock and option, option gain was +100% in 24 hours)
7- May 4,2021: DTV1.37 B, WTV 4.5 B
8- May 5, 2021 : DTV 0.508 B, WTV 4.5 B
I believe you clearly see why I did not call to buy Palantir this time.
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
PLTR
PLTR: This is the best bullish structure ever!Hello traders and investors! Let’s talk about PLTR today!
In our last analysis, I told you PLTR’s movements didn’t convince me, and the conclusion was that it needed to mature its movements a little bit more. The link to our last study is below this post, as usual.
Now it seems we have something new that could make PLTR do another good movement next. We could have a bullish pivot point , which is the best bullish structure ever. Why pivot points are so powerful? Because they break the previous sentiment, and make the stock do a new pattern, made of higher highs/lows, meaning, a bull trend. Every reversal must start with a pivot point . The $ 21.94 is the key point that could make the difference between bull and bear market.
In addition, PLTR is near several support levels, as seen in the daily chart:
We have a congestion here, and as far as I know, it is a good idea to buy near support levels when we are inside a range like this.
We have the purple trendline and the black line are working as support levels for PLTR. We also have the red line at $ 20.18, but I’m not sure if PLTR will reach there at this moment.
Either way, let’s be careful, because although it is looking good, we have no bullish confirmation yet. Remember to follow me to keep in touch with my daily updates, and please, support this idea if you liked it!
Thank you very much!
Is PLTR oversold? Maybe!Hi Tradingview community! PLTR is potentially oversold for two reasons: 1) The RSI is in very low levels; 2) PLTR hit the 20.87 today again, the same support zone it hit back on Mar 30 (red circles).
Now PLTR seems to be at a support area, and now is the perfect moment for a reversal to the $ 24. Good risk-reward.
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.
Palantir getting ready slowly$PLTR one of the favorite stocks is in its corrective wave II. It looks like it is forming a combination corrective wave and if the count is right, the breakout above the triangle should start wave III that is usually the longest and most powerful wave to higher prices, namely $80, $94, and $116 as the 1st, 2nd, and 3rd target respectively.
PLTR more pain to come likelyPLTR falling wedge reversal failed, now all its left it is last major support, at $21, if it fails, it will go down as low as $15 or even $10. It is following the EV pattern, of massive devaluation, from 50-80%.
Retailer investors being slaughtered.
$PLTR Update 5/3 Daily Wedge Bottom. Video update on $PLTR
Still Within the wedge Heading back down to 21.50 and if we break out bullish on earnings we should finish a rounded bottom and can start setting our sights into the $40s
$PLTR $75 Price Target (End of Year) BIG NEWS WITH BWMFull Video breakdown on $PLTR
We just got news that BMW will be working with $PLTR
This contract is big in the sense that 60% of the contracts $PLTR has are with the government.
They also have done this with no commercial sales team or advertising. $PLTR has room to grow into the commercial section as data is just simply apart of our future. They have a lot of room to grow outside government contracts and this could be the catalyst to do so.
$PLTR Big News with BMW! ($75 PT End of Year)We just got news that BMW will be working with $PLTR
This contract is big in the sense that 60% of the contracts $PLTR has are with the government.
They also have done this with no commercial sales team or advertising. $PLTR has room to grow into the commercial section as data is just simply apart of our future. They have alot of room to grow outside government contracts and this could be the catalyst to do so.
THE CHART
-$21.50 currently the support within the wedge we are in. (green trend lines )
-Short interest has fallen substantially in the last 180 days from 10 percent to 4. That means people betting against PLTR are backing off. This is good for a stock coiled up as it is.
-I think this news with good earnings could see buyers coming back to $PLTR as alot of traders were shaken out due to the massive shorts during the WSB debacle
I agree with alot of analyst that data mining is apart of our future. Everything we do practically is data at this point. I am looking forward to more commercial contracts from $PLTR . This deal is impressive seeing as $PLTR has no ads or commercial sales team. So All this is a recipe for some substantial growth.
If liked my video breakdown below! be Sure to check it out. If you dig this content be sure to follow and leave a like! Thank for the support!
PALANTIRPLTR:
Palantir has shown strength in the last few days. Important mark is at $ 24.84 - $ 25.00. Then we could expect a new trend change and attack 27.00 again.
PLTR Multi-Bottom Potential BreakoutPLTR currently squeezing with relative volume ~0.60
Wait for volume to start flooding in to break the trendline on the volume (bottom of chart) and rel volume to break over 1.10.
Set your stop loss 0.50-1.00 below the support line (20.25-20.50)
First Target: 26.05
Second Target: 31.84
Stop Loss: 20.25-20.50
OPERATION GAP FILL --- But we will have to battle some levels to get there first. Keep PLTR on your watchlist!
PLTR: Is it ready to fly?Hello trader and investors! Let’s talk about PLTR today! As we thought, in our previous analysis last week, the stock gave us a nice exhaustion sign of the sell pressure. We identified this movement only reading the candlesticks and the volume . As a Price Action trader, I don’t need to use any indicators, and if you are curious, the link to our last analysis is below this idea, as usual.
But what about now? The stock is clearly in a bull trend after the false breakout from the $ 22.06 (another thing we discussed in our previous study), and it is doing higher highs/lows.
It had a pivot point at $ 23.50, which now is supposed to work as a support, along with the 21 ema, which is pointing up, another sign that we are in a bull trend, at least in the short-term.
Let’s see the daily chart for more clues:
The stock is still in a congestion in the daily chart, moving sideways since February. This is annoying, but on the bright side, it is not a bear trend anymore. The stock has a floor around the $ 20.18 (red line), and a purple trendline connecting the past three bottoms. This makes the situation hard for the bears, as if they want the stock to drop, they will need to defeat these points.
Although it is near a support level, we don’t have a clear bullish structure , like higher highs/lows. In addition, the volume must increase too in order to PLTR break this mid-term congestion. These two signs tell me that now it is not the time for PLTR to fly, but soon it’ll. It just needs to mature its movements a little bit longer.
Maybe next week, when we talk about it again, we’ll see something new. Meanwhile, remember to follow me to keep in touch with my daily updates, and if you liked this idea, then please, support it!
Thank you very much!
PLTR Asymmetric TriangleAsymmetric triangle leading up to the Earnings Announcement. The direction of the break will most likely depend on Earnings.
Upwards Target: $32 (if they beat earnings price will be justified)
Downwards Target $18 (downside seems very limited from here even on an earnings miss)
ANALYST ESTIMATES:
Earnings Estimate Current Qtr.1 Next Year (2022)
Avg. Estimate 0.04 0.21
Low Estimate 0.03 0.16
High Estimate 0.05 0.27
Current estimates show roughly 30% growth Year over Year.
PLTR $40 BEAKOUTLooks like a break out is imminent for Palantir, catalyst is the number of HUGE new contracts being signed & possibly better earnings than anticipated! Time to load up on some shares.
Respect the Channel: Fade the Discord DarlingAny discussion of PLTR is full of rosy but vague fundamental projections that will supposedly take this thing to $60+. Retail investors are pouring their life savings into it (one guy on Discord was talking about putting his whole 401(K) into 2023 LEAPS).
Retail investors do NOT have a good track record in the stock market, and reality is already reasserting itself with these retail darlings. When you hear normies talking about a stock, it's probably a good idea to look into fading it long term (this is in contrast to Bitcoin - it lives in both worlds - normies call it "fake internet money" during accumulation periods - yet get crazy about buying in during distribution. This is only the 3rd time I've seen it happen).
Respect the downward channel and target the lower bounds ($15-16 before reassessing). Trend following has a fantastic success rate over the long term; just limit your risk, and you're good (my bear tracking portfolio is up 7% since its inception March 12 despite SPY melt up; one can only imagine the returns when SPY melts down).
PLTR in a KEY SUPPORT areaPLTR is testing again the strong support area, already 4 bounce.
Target Price: 35
