PLTR
PLTR: The decisive moment is coming! Escaping the Trap Zone!Hello traders and investors! Let’s see how PLTR is doing today! This one is one of the stocks I have on my radar, and I’ve been following it closely, and we have been doing weekly analyses about it.
In the 1h chart we see that PLTR is inside a Trap Zone , just like several other stocks. A Trap Zone is the area between the previous resistance (in this case the black line at $ 27.45) and the ascending 21 ema, which is squeezing the price within an area that gets tighter as time passes.
At one point, PLTR will be forced to do a breakout, but we just don’t know to which direction it will go. I don’t see a bright future if PLTR does a downwards breakout, as we are already quite close to its support, the red line at $ 25.18.
But if we consider an upwards breakout, the daily chart can offer us more clues:
The area between the gap (dotted line) and the previous resistance at $ 30.25 would work as a natural target if PLTR does an upward breakout from the Trap Zone. The only thing that is missing on PLTR is a nice volume .
In the worst-case scenario PLTR would hit the blue line at $ 22.50 again, while in the best-case scenario it would hit the $ 39.32. I think we can start working with the targets that are closer to us, for now.
What are your thoughts on PLTR? Remember to follow me to keep updated about my daily analyses on stocks, and if this idea gave you a new insight, please, support it with your like!
For more analyses, check the links below.
Thank you very much!
PLTR Is a Bargain Right Now...*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
Palantir is primed to turn. I'm long on PLTR based on several aggregated facts.
Tech stocks will have a recovery, but not as big as the boom from the end of 2020. Rising interest rates and upcoming indecision regarding the stimulus will stifle growth in the near term. Crypto is recovering well at the end of a bloodbath week, and tech stocks were highly correlated to crypto over that time frame.
I'm holding this well past $100.
Happy Trading!
Updated Palantir TargetIf we have another semi-bullish in the next 3 months, then Palantir could be the best performing tech stock..!
Let's benefit from massive scale pumpers activity ;-)
PLTR technical analysisBig pullback from all time high, about 55 %. Consolidation above previous support - 22.50 usd . Last 3 days closed on top of the 7/10 MA. Also we have a MACD crossover on daily timeframe, which indicates that previous trend it's changing. If we manage to breakout and close above the resistance area, we could reach first target - 35.52 usd, ( golden's fibonacci ratio) and second one - 39.69 usd in short time.
*P.S. Trust nobody, always do your own research!
$Gwac bitcoin play spac , go long GWAC
What is GWAC ?
Its a spac that merges with BTC mining company
This little bastard going to the moon 🌙
Commons at $11 , units at 3.1
Institutions buying it up
P.s. I do not post a lot of ideas , but nail about 90% success . Look at my past posts :
Alerted $riot at few bucks , $pltr at $9-10 and so on....
If you want more details about my trade ideas , check myTwitter feed
Gwac :
Cipher Mining Inc. agreed to a merger with blank-check firm Good Works Acquisition Corp. (GWAC) in a deal valued at $2 billion. Crypto mining stocks are reaching new highs at the outset of 2021 with valuations ballooning. These include valuations of crypto mining players, such as Marathon Digital Holdings Inc. (MARA), currently at $2.8 billion, Riot Blockchain Inc. (RIOT) with a $2.7 billion market capitalization and HIVE Blockchain Technologies Ltd. (HIVE.V) at $1.5 billion
Play for next week! $BRQSBitcoin and crypto tech companies are on fire lately and with a lot of upside potential from the millenual day traders and wsb AUTISTS we can see a huge push from this company that associates the keywords of
Android devices and cryptocurrency transactions and systems.
$BRQS
PLTR Downtrend reversal, awaiting confirmationPotential swing trades & scalp plays coming soon for PLTR.
PLTRPLTR brakes trendline resistance. Also CCI comes out to oversold area and Stochastic cross too.
News of today about PLTR: the company has entered into a six-year strategic partnership with French automotive supplier Faurecia to help the latter accelerate its digital transformation and move toward carbon neutrality.
The French company will use Palantir's Foundry software to obtain better insights on data from manufacturing to purchasing, and from engineering to finances.
Palantir's on the BUY list of ARK's ETF too.
1st target price 30
2nd target 40
Save and Invest
LazyBull
DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
PLTR: Complete Analysis (Hourly/Daily/Weekly charts).Hello traders and investors! Let’s see how PLTR is doing today, and do a complete Multi Time Frame Analysis (MTFA) by looking at the hourly, daily and weekly charts!
This stock dropped sharply in the past few weeks, but right now it is doing something interesting. For the first time, it is breaking the bearish bias seen since it started its fall around the green line ($ 37.95), as we see higher highs/higher lows. This movment is natural, and not surprising at all, as we already discussed in my previous analysis, last week ( link below).
What’s more, the 21 ema is pointing up, and the price is above it. We can assume it’ll reverse the bearish sentiment seen in the daily chart as well.
The bias is still bearish in the daily chart, but if the 1h chart persists in its bullish sentiment, then the trend will eventually reverse in the daily chart too. What are the main challenges PLTR has right now?
First, the 21 ema, which might offer resistance today or tomorrow. Second, the volume is still quite low, so, looking at the daily chart some people might not be entirely convinced by it.
Aside from that, if PLTR keeps trading at this level until the end of this Friday, the weekly chart could be very interesting:
At any moment the bears could make PLTR trade under the 21 ema and the 61.8% Fibonacci’s Retracement , and this is interesting. Clearly, this combination makes a very strong support level.
In fact, PLTR did a very powerful Hammer candlestick pattern last week, with a nice shadow under the candlestick’s body, a good thing when we talk about Hammers. And this week we have a Bullish Engulfing (so far), making the situation quite bullish.
Now, the 50% retracement may work as a support, but I believe the 38.2% level is more interesting, as it is exactly at the same price level where it would fill a gap.
If you liked this analysis, remember to follow me to keep in touch with my daily analyses, and please, support this idea with your like!
Thank you very much!
PLTR (NYSE) - Calm and OutGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
PLTR (NYSE) - Calm and Out
PLTR BreakoutPLTR Broke out to the upside. We has two solid green days, possible pullback to bounce again or it could continue from here. This is a great time to buy in my opinion. Good Luck!!
$PLTR Target 34.63 for 22.37% $PLTR Target 34.63 for 22.37%
I am not your financial advisor. Please only trade my set ups at your own risk.
$PLTR Expecting one more leg down.$PLTR had a flash crash to $20.18 and recovered back to $23 which also is Fib 0.618 retracement level. 23$ is a possible support zone to hold if you want to take an early trade with a tight stop aiming to take profit at $35. Since we can clearly confirm that the strong up trend is currently broken and momentum still declines, I am on the bearish side. $16-$17 range looks better for a new entry targeting approx $50 in the mid term.
C'mon guys, it's not even oversold yet (: