NYSE:PLTR has been extremely bullish since Sept. 25 and has been in a strong uptrend after breaching the orange resistance level. The next key price target, the light blue resistance line, is rapidly approaching. PLTR is a war stock that is benefitting from the new Israel Palestine conflict. Other key events this week are September PPI inflation data and Fed...
PLTR has been extremely bullish, and just received a $250 million contract from the US Army this week. I think PLTR has been a very bullish stock in 2023, and I believe PLTR will have a monster Q4 performance. My key price targets are $28.33 and $37. There is short-term resistance at $19.11, but I believe PLTR will break above $19 in Q4.
All signs point to up for PLTR. We are in the early stages of wave 3. Nice breakout of the inverse H&S formation on heavy volume.
Palentir tried to breakout on Friday. But close was weak. Now need to show bulls are in control. Close above 23.10 will likely take it to upside targets (resistances) at 26.30, 28 or 30. Support at trend line, 21.30, 20.90 and last 19.40. Close below 19.40 more downside.
Hello Guys, I would like to introduce to you my idea about the future of PLTR . I am a holder of 1000 shares from 24.01$ 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...
So 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 :)