PLTRMost recent ABC was a bearish correction but it looks like the bulls canceled a retest of that bottom trend line and is now breaking out.
Pltranalysis
PLTR - UpdateHello traders,
We have already reached our target with a clean 20% profit.
We will wait and see how PLTR will react to this resistance.
*If we get a breakout, we will wait until 30 to decide our way.
** If PLTR failed to breakout we will sold immediately and re-enter in 24-20 levels.
Cheers 🥂.
PLTR breakoutPLTR held up well today while the broader market declined. The RSI is looking bullish, nice trendline support at the moment. PLTR has been in the accumulation stage for a while now but I expect a break outside of the white box in the near future, before the end of the month if I had to guess. With some increased volume, $30 is the next stop. I don't buy into the September slump B.S so I'm loaded up with calls and shares.
PLTR - Possible EntryHello traders,
As you can see in the chart, PLTR is in a support line.
We will add a small position now and we may add again in the red line (20,5 - 21$).
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
#PLTR#PLTR
Fondamentally, PLTR is doing well looking at its quarterly financial income statment. They are putting a lot of money in research and development.
Technically, the price could reach the next support level (red line) and eventually stop at 27.25.
KNOWLEDGE IS POWERFirst analysis on the black crystal ball company. Very bullish long strategy without a doubt. Excellent company based on what information is available to us as far as overall, business practices, products and CEO.
PLTR BUY/LONG NOW READY! 16.00 to Potentially 81.50!TICKER CODE: PLTR
Company Name: Palantir Technologies Inc.
Industry: Technology | Software - Infrastructure | USA
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge Pattern Forming
2. Fibonacci Retracement at 0.786 (Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
4. RSI was at OVERSOLD level
The market will more likely than not pullback to 16.00 - 17.00 before another rise up to reach 60.00 and possibly 80.00
Entry: NOW READY (16-20)
1st Partial Take Profit: 59.00 (August - End 2021)
2nd Partial Take Profit: 81.50 (Mid-End 2022)
PLTR Elliott Wave Analysis PLTR Elliott Wave Analysis,
Everything Explained in the chart. Please give me some feedback so I can improve or give you more charting in the future.
NYSE:PLTR
This should be the bottom for PLTR - ATH's ahead. It's at a beautiful FIB retrace, crowd calling for $5, ARK keeps buying it up like candy, I"m pretty sure this is the bottom.
PLTR Great risk vs reward ratio Earnings to be released on the 11th of May, this stock should rise and maybe even rise to its previous highs
PLTR - Does this look helpful?Seems like PLTR is in decline along the yellow trendline on the hour. Possibly in this channel. Seem reasonable? I am interested in this stock breaking to the upside a bit sooner than later.
What we can expect from PLTR?Hello Guys, I would like to introduce to you my idea about the future of PLTR . I am a holder of 1000 shares from 24.01$ and I am long till a minimum of 200$.
After the last week, we got few red days including yesterday, but as an Elliott wave trader, I can see an opportunity to jump in as like in AMC, I think we reached the bottom as you can see we already bounced few times from the support lane. After carefully checked the Fibonacci lvls, you can see that we bounced exactly from 61,8 for the 2nd wave of Elliot. The question is when we will start the Gamma Squeeze, maybe it will be on 19/3 ?!?, who knows. But in my opinion, the Gamma squeeze will be the 3 wave of the daily Elliot, till 81$ - 117$ range, It all depends to us, how long we will keep our Dimond hand.
Just HOLD Guys, we can make it <3
$PLTR on historic supportHello traders. Let's get right into it: PLTR has tested the $23-$25 support range multiple times the past few months (about 12) . That level was tested 6 times the past 10 days or so. So far it has been holding like a champ. For that reason I think this is a relatively safe place to start a trade because if that level holds we will most likely see some upside sometime soon (perhaps modestly at first due to fear in the market). If we break below that level we can potentially revisit lower lows.The next support is around the $20-$21 range. Below that there is some support on the $16-$17 range.
I believe this is an optimal entry because you can exit the trade with minimal harm if the price breaks and closes below the support. Additionally, there is bullish hidden divergence between RSI and price and MACD is in oversold territory. Finally, volume is decreasing considerably (though still above average), which means sellers are getting exhausted. If you want to be more conservative you can wait for a MACD crossover and move above the 0 level to place a trade. If you are a long term investor I think this is a good buy opportunity. That support zone is solid like a rock. Let's hope it keeps holding.
Safe trades and good luck!
===If you get anything out of this TA, please hit the like button and/or follow for updates and new publications.===
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
BUY PLTR - PURELY TECHNICAL STOCK ANALYSISIt is evident from the chart a clear support level has been established, but not only that, it has been respected. On that basis, it can be said it is likely PLTR will continue up for the foreseeable future.
*NOT FINANCIAL ADVISE, MERELY AN OPINION*
PLTR LongSo much confluence on this setup, with a good market sentiment and momentum i think it will have a huge run in no time. Very high watch for me, currently loading in the entry zone for starter position, will have a full position on the break of the wedge with volume. Happy trading :)
