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Palantir (PLTR) Should Continue To Go Up Timeframe: 1H Setup: Elliott Wave Projection + Strong Fundamentals About Palantir ( PLTR ): - Industry: Data Analytics and Artificial Intelligence (AI) - Core Business: Palantir builds software platforms for data integration and analysis, primarily serving government agencies and large enterprises. - Flagship Products: Foundry (commercial data platform) and Gotham (government-focused platform). Fundamental Outlook: Macro Tailwinds: - Rising AI Demand: As global businesses invest in AI and data solutions, Palantir stands out as a pioneer. - Government Spending: Governments continue prioritizing defense, intelligence, and data systems, providing Palantir with stable and growing contracts. Growth Drivers: - Expansion into healthcare and commercial sectors to diversify revenue. - Recent wins in AI-driven predictive analytics contracts with Fortune 500 companies. - Profitability Achieved: Palantir is now generating consistent profits, signaling financial strength after years of heavy investments. Macro Risks: - Interest Rate Pressures: Higher rates can dampen growth stock valuations. - Competition: Big tech players like Microsoft and Snowflake are ramping up their data offerings. Technical Setup: Palantir's technicals complement its bullish fundamentals, with the price moving within a strong Elliott Wave structure: - Wave Structure: Price is in Wave (3) of a larger bullish cycle, showing momentum for higher targets. Key Levels: - Target 1: $85.96 - Target 2: $91.12 - $95.41 (Fibonacci extension). - Invalidation: Below $72.00 = bullish setup fails. Trade Plan: - Stay long as long as price holds above $74.00. - Partial profit near Target 1. - Hold remaining for Target 2 for maximum gains. Why This Matters: Palantir is at the intersection of macro AI growth and technical bullish momentum. With strong fundamentals and a compelling technical setup, PLTR is poised for a breakout if targets are confirmed. 🚀
NASDAQ:PLTRLong
by MrStockWhale
ADA - Gearing Up for a Breakout?After an impressive rebound from the trend-based Fibonacci extension 1:1 at $0.7655, ADA has been consolidating between $0.92 and $0.85 for the past two days. As the new week begins, today's wOpen at $0.8834 is a critical support level, perfectly aligning with the key level at $0.8806. Holding above these levels reinforces a bullish outlook. Key Insights and Trade Setups: Support Zones to Watch: $0.8834 (wOpen) and $0.8806 (Key Level). Maintaining above these levels keeps the bullish structure intact. Long Setup Options: A great long opportunity was from today’s wOpen ($0.8834). Alternatively, wait for a retracement to the golden pocket at $0.8877 of this current wave. R:R: 2.5, a solid potential reward for the risk taken. Target for Long Trades: Aim for the Fibonacci 0.618 level at $0.9448, which aligns with the daily resistance level. This zone also represents a high-liquidity area where short sellers may be forced to exit positions. Pattern Confirmation: The potential formation of an Adam and Eve pattern strengthens the bullish case. Confirmation comes above $0.9155, suggesting further upside.
Long
by SiDec
Daily Analysis of GBP to USD – Issue 235The analyst believes that the price of { GBPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Long
by MoonriseTA
Daily Analysis of Gold Ounce to USD – Issue 235The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
FOREXCOM:XAUUSDShort
by MoonriseTA
S&P500: Strong SurgeOn Friday, a strong surge propelled the S&P500 upward, so the index is beginning the new week at distinctly higher levels. Still, in our primary scenario, we anticipate a significant sell-off during the turquoise wave 2, which should drive the S&P down into our turquoise Target Zone between 5616 and 5368 points. In this range, the turquoise impulsive wave 3 should start and deliver a robust upward movement beyond the resistance at 6169 points. However, there is a 36% chance that the index will reverse upward prematurely and surpass the resistance at 6169 points earlier during an alternative blue five-wave structure.
CME_MINI:ES1!
by MarketIntel
GBPJPY Is Bullish! Long! Here is our detailed technical review for GBPJPY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 196.848. Considering the today's price action, probabilities will be high to see a movement to 199.032. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
$BITCOIN with substantiation and drawingMaybe it's a bit of a busy drawing. But I wanted to show why I think we may be correcting and why this is very healthy for the bull market. It seems that after the larger correction we have now completed 5 waves and we also have to correct this wave. That is the phase we seem to be in now. Now I have 2 expected positions where the correction can go. I think that we will not correct very deeply and will therefore not reach 50%, but that we will correct up to fib 618. So possibly just under 90k. Unfortunately, no Christmas run is expected. But just a super healthy correction that we don't have to worry too much about. The altcoins also seem to be less willing to participate and we seem to be settling in for the bull run. Be kind to the world and each other!
BINANCE:BTCUSDShort
by RidgerR
bitcoin multiple 1-2 in last 5th wave in textbook impulse ideaafter that abc flat to troll so much people people into thinking 200k. this scenario is for me only realistic with the timing and probabilites in EW. A wave woud be impulse to flash all the retail, b flat to exactly 4year cycle TOP in october, and c some sell the news event with reccesion or war which would be bear market for 365 days 85,842 entry + adding to position at 80k which is supported by lot of npocs invalidation .618 log where i would sell 60% and sold 30% after bounce from 618 and ATH first TP - w5 targets area(from 108k to the low created) second TP - 128k (common this cycle w5 target) third TP - these boxes 142-159k from comparing previous cycle post halving gains the number was only decreasing from 30 to 24 which would lead this cycle around 20, of course its only speculation. After 160k would be this data invalidated. 140-152k strong fibonacci confluence
COINBASE:BTCUSDLong
by luskmelongg
MI - sector TECHNOLOGY may be moving upExpect a deep wave 2 retracement, but for now seems like small retracement, rebound at MA 200 Current price shows MYR 2.24 (+3.23%) with key support at MYR 2.01 and resistance at MYR 2.67. The stock has formed a bullish trend since October 2024, showing higher lows and higher highs. Technical indicators show: Price trading above both short-term and long-term moving averages, indicating bullish momentum Strong volume activity supporting recent price movements Green momentum bars in the lower indicator suggesting positive sentiment Upward trend channel formation with price respecting the lower trendline as support Key levels to watch: Immediate resistance: MYR 2.67 Current support: MYR 2.01 Price currently consolidating near MYR 2.24 The stock has recovered from its September 2024 lows and appears to be in a recovery phase with improving technical indicators. The presence of higher lows and sustained trading above moving averages suggests continued bullish sentiment in the near term. Volume analysis indicates strong participation on upward moves, lending credibility to the current recovery. Traders should watch for a potential breakout above MYR 2.67 for further upside momentum.
MYX:MILong
by pengamalgelombang