Overextended Stock has broke out of massive monthly base. The time to retest is at hand. What do you think?
PLTR trade ideas
12/3/24 - $pltr - the "are you retarded" test.i'm short again. and opened it in size.
let's see if it works out... again. got lucky last time. but this time, it seems more obvious.
"we work with the government" pop.. lol
"we integrate with AWS" mid day pop.. lol
get your baby oil out.
vigilante time.
V
PS - trading view removed my other posts b/c they were under the NYSE listing so you can find them there. of course the stonk got a pump on that too.
anyway.
may the biggest balls win again.
$PLTR: OUTLOOKNASDAQ:PLTR : OUTLOOK
I would like to see the $66.63 breakout! 📈
Target would be $67.47!
👉 LIKE & FOLLOW for more updates!
PLTR Analysis: Scalping and Swing Trade Playbook for Dec. 3PLTR is trading in a range, presenting opportunities for both scalping and swing trading. This analysis outlines actionable strategies, key support/resistance levels, and projected price movements for traders looking to capitalize on PLTR’s next move.
Technical Analysis and Price Action
1. Trend Overview:
PLTR has been consolidating near its highs after a strong run-up. The MACD shows neutral momentum, and the price is approaching key trendline support, indicating potential breakout or breakdown scenarios.
2. Key Support & Resistance Zones:
* Support Levels:
* Primary: $65.28 (trendline support).
* Secondary: $64.24 (strong horizontal support zone).
* Resistance Levels:
* Immediate: $67.88 (recent high and breakout level).
* Strong Resistance: $69.00 (psychological level and long-term target).
3. Liquidity Zones and Order Blocks:
* Buyer activity is strong at $65.28, suggesting a demand zone.
* Sellers are concentrated near $67.88, creating a critical supply zone.
Game Plan and Playbook
Scalping Strategy
* Entry: Long above $67.88 with confirmation of volume and strength.
* Target 1: $68.50.
* Target 2: $69.00.
* Stop Loss: $67.30 (below breakout level).
* Alternative Play: Short at $67.88 if rejection occurs, targeting $65.28.
Swing Trading Strategy
* Bullish Setup:
* Entry: Bounce from $65.28 with bullish candlestick patterns.
* Target 1: $68.50.
* Target 2: $70.00 (if breakout sustains).
* Stop Loss: $63.50 (below trendline).
* Bearish Setup:
* Entry: Breakdown below $64.24 with strong bearish volume.
* Target 1: $62.50.
* Target 2: $60.00 (major support zone).
* Stop Loss: $65.00.
Projection: Where PLTR Could Head Next
PLTR is at a pivotal point. If it breaks above $67.88, it may continue to test $69.00 or higher. A failure to hold above this level could lead to a retest of $65.28 or lower. Watch for volume spikes to confirm the next directional move.
Key Indicators to Watch
* MACD: Neutral, awaiting a crossover for directional clarity.
* RSI: Currently balanced, leaving room for upward or downward movement.
* Volume: Essential for validating breakout or breakdown.
My Thoughts and Suggestions
PLTR’s current price action suggests a breakout or breakdown is imminent. Scalpers should focus on high-probability trades near the support and resistance zones, while swing traders should wait for clear confirmation before entering trades. Patience and discipline are key to navigating this consolidation phase.
Conclusion
Palantir is primed for a potential move as it consolidates near its highs. By adhering to a structured plan and focusing on key levels, traders can maximize their risk-reward ratios.
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and trade responsibly.
A compelling long position opportunity in PLTR next weekRecent Performance: Palantir Technologies (PLTR) has demonstrated impressive
market activity, boasting a remarkable 52% stock increase since early
August, with the current price sitting at $67.18. The stock is holding
strong support around the $65 level while challenging resistance near $68,
indicating positive momentum that has caught the eye of both long-term
investors and short-term traders.
- Key Insights: Investor optimism is fueled by recent analyst upgrades and price
target increases, with $75 being the new target from Wedbush. The strong
foothold in the AI sector and defense industry, coupled with anticipation of
the NASDAQ listing, positions PLTR favorably for further gains. The stock's
ability to maintain key support levels enhances bullish sentiment.
- Expert Analysis: Market sentiment towards PLTR is overwhelmingly positive,
bolstered by CEO Alex Karp's bold growth projections and a 30% year-over-
year revenue increase. Experts agree that the company's inclusion in the S&P
500 amplifies its credibility and attractiveness to institutional investors,
with many eyeing a possible climb toward $70 in the near term.
- Price Targets: Next week targets based on thorough analysis suggest T1 at $70
and T2 at $73. For stop levels, S1 should be set at $65.50 and S2 at $64.
This positioning reflects a balanced approach to managing risk while taking
advantage of the stock's upward momentum.
- News Impact: Significant events, including Palantir's recent S&P 500 inclusion
and robust revenue growth, have solidified its market position and validated
its business model. These developments are crucial in shaping the current
bullish outlook on PLTR, underscoring its appeal as a strong investment
choice in the tech sector.
PLTR – Consolidation Break Imminent? Dec. 2PLTR is consolidating within a tightening range, showing signs of a potential breakout. This trading plan provides insights into price action, key levels, and trading setups for both scalping and swing trading opportunities.
Market Structure & Price Action:
* Recent Trend: PLTR has been trading sideways, forming a tightening wedge pattern between $64 and $68. The price is testing upper resistance at $67.50, signaling potential breakout energy.
* Liquidity Zones:
* Buyers have defended the $64 zone consistently, forming a strong demand area.
* Sellers are active near $67.50–$68, creating a supply zone that caps further upside.
Key Levels:
1. Resistance Zones:
* $67.50–$68: Immediate resistance zone where selling pressure increases.
* $70: Psychological level and key breakout target.
2. Support Zones:
* $66: Short-term support within the wedge.
* $64: Strong demand zone and wedge bottom.
Indicators:
* MACD (1-hour): The MACD is bullish, with a crossover indicating upward momentum, but histogram growth is flattening, signaling a possible pause or pullback.
* Volume: Relatively low volume suggests consolidation; a breakout will require higher volume for confirmation.
Trade Ideas:
1. Scalping Setup:
* Entry (Long): Above $67.50 with confirmation (strong bullish candles or increased volume).
* Target: $68.50–$69.
* Stop-Loss: Below $66.80.
* Short Setup: If price rejects $67.50, short below $66 targeting $64, with a stop above $67.
2. Swing Trading Setup:
* Bullish Case:
* Entry: On a breakout above $68.
* Target 1: $70.
* Target 2: $72–$73.
* Stop-Loss: Below $67.
* Bearish Case:
* Entry: Short below $64.
* Target 1: $62.
* Target 2: $60.
* Stop-Loss: Above $65.
Game Plan for the Week:
1. Watch for a breakout above $67.50 or a breakdown below $64, as these levels are critical for the next directional move.
2. Use lower timeframes (5-min, 15-min) to refine scalping entries based on breakout confirmation or rejection.
3. Stay patient during consolidation and wait for a decisive move with strong volume.
Thoughts & Outlook: Palantir's tightening range indicates that a breakout is imminent. A move above $68 could trigger bullish momentum, while a break below $64 may lead to a deeper pullback. Traders should stay vigilant and wait for volume confirmation before taking positions.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and trade responsibly. Trading involves significant risk.
Palantir - Still has some left in the tank! 25% UpsideChart #10/ 40: NASDAQ:PLTR
-Cup NO Handle breakout.
-H5 Indicator is Green
-Williams Consolidation Box is Thriving. A break below the support at -23.50 is bad.
-Hasn't reached Measured Move yet.
📏 $84📷 Before 2027
NFA
PLTR: Testing Key Resistance Levels Ahead of Early Market CloseTrading Plan and Technical Analysis for PLTR
Market Reminder:
📢 The U.S. stock market will close early tomorrow, Friday, November 29, 2024, at 1:00 PM EST. Plan your trades accordingly.
Price Action Overview:
PLTR is trading near $66.20, with price action following an ascending trendline. It is currently testing a critical resistance level near $67.50. The MACD histogram is neutral but hints at a potential bullish crossover, while volume remains moderate.
Liquidity Zones and Order Blocks:
* Liquidity Zone (Support): $63.50-$64.00 - Buyers stepped in strongly here during prior pullbacks.
* Liquidity Zone (Resistance): $67.50-$68.00 - Key sellers' area that aligns with recent price rejection.
Key Support and Resistance Levels:
* Support Levels:
* $65.50 - Minor support, where intraday buyers could step in.
* $64.00 - Major support aligning with the ascending trendline.
* Resistance Levels:
* $67.50 - Immediate resistance; watch for price behavior here.
* $68.50 - Breakout target if bullish momentum sustains.
Scalping Gameplan:
* Bullish Setup:
* Entry: Long above $67.50, targeting $68.50 and $69.00.
* Stop-loss: Below $66.50.
* Confirmation: Look for volume spikes and MACD crossover on the 5-minute timeframe.
* Bearish Setup:
* Entry: Short below $65.50, targeting $64.00 and $63.50.
* Stop-loss: Above $66.50.
* Confirmation: Watch for a rejection at $67.50 followed by a breakdown.
Swing Trading Playbook:
* Bullish Case:
* Entry: Sustained breakout above $67.50, targeting $69.00.
* Stop-loss: Below $66.00.
* Indicators: RSI trending above 60 with MACD supporting bullish momentum.
* Bearish Case:
* Entry: Rejection at $67.50 and breakdown below $65.50, targeting $63.50.
* Stop-loss: Above $66.50.
Thoughts and Suggestions:
PLTR is at a pivotal level, with its next move likely defining the short-term trend. Bulls need a breakout above $67.50 to sustain momentum, while bears are eyeing a breakdown below $65.50 to confirm a reversal. Given the early market close, scalpers should aim for quick profits, and swing traders should plan for reduced liquidity tomorrow.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.
It can be? the handle hasn't done yet...It can be? the handle hasn't done yet...
Im not an expert... just want to share my idea.
i would love to get a feedback.
PLTR This Weekly FORECAST
Opportunity for PLTR. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
$PLTR: OUTLOOKNASDAQ:PLTR : OUTLOOK
Watching for a 1-HOUR candle close ABOVE $66.25 to ENTER 📈
Targeting $67.56 price level!
👉 LIKE & FOLLOW for more updates!
PLTR: Setting Up for the Next Big Move – Key Levels to WatchPLTR) is trading within an ascending channel, showing promising upward momentum in recent sessions. The stock has been building higher highs and higher lows, a strong indication of a bullish structure. Let’s break it down:
Key Levels to Watch:
* Support Zones:
* Immediate support at $63.91, marked by recent consolidation.
* Major support at $58.85, aligning with previous demand zones.
* Resistance Levels:
* First resistance at $67.88, the upper range of the current channel.
* Key resistance at $69.00, which may act as a breakout point for further highs.
Order Block & Liquidity Zones:
* A notable bullish order block is sitting near the $63.91 zone, indicating significant institutional buying interest.
* Liquidity appears to be building above $67.88, suggesting a potential liquidity grab and breakout.
Price Action Insights:
* PLTR has been trading within a well-defined ascending channel, supported by increased volume on green candles, signaling strong buyer interest.
* The MACD shows a bullish crossover, adding further conviction to the upward trend.
Game Plan for Traders
Scalping Opportunities:
* Entry: Consider entering near $66.00, targeting a quick move to $67.88.
* Stop Loss: Place a tight stop loss below $65.00 to limit downside risk.
* Exit: Take profit near $67.88, aligning with the immediate resistance level.
Swing Trade Setup:
* Entry: A solid breakout above $67.88 with volume confirmation could be a strong swing trade setup.
* Stop Loss: Place a stop loss below $63.91 to account for volatility.
* Target: Aim for $72.00, the potential next resistance if the breakout sustains.
Trader Sentiment
* Retail traders appear optimistic about PLTR due to its bullish price action and consistent higher lows.
* Institutional activity is evident in the order block near $63.91, showing significant accumulation at lower levels.
Market Direction Prediction
PLTR is likely to continue its upward trend if it breaks above $67.88 with conviction. However, traders should watch for false breakouts and ensure volume confirmation. Risks include broader market volatility or unexpected news impacting the tech sector.
Thoughts & Suggestions
PLTR is shaping up for a potential breakout, but patience is key. Stick to the game plan and avoid chasing the price. Keep an eye on volume spikes and the $67.88 resistance level for the next move.
Disclaimer
This analysis is for informational purposes only and not financial advice. Always do your own research and consult with a professional before trading.
PLTR NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
Looks like a clear flat pattern due to the very stretched out B wave, which also ended around the 1.38 extension of wave A retracement. This tells me one thing: the B wave was indeed strong. Normally, in such scenarios, there is a very small chance that wave C retraces wave A with such force.
This pattern will most likely be the first leg of a very complex correction. Although rest assured that the overall trend for PLTR is up, I do not know to what extent. But after this wave C completion, we will be headed down for quite some time.
Palantir ShortThis could be a good short opportunity but i wouldn't go too far with this trade bc the overall trend is in tact
palantir on the downPalantir Technologies is a public American company that specializes in big data analytics. The company’s stock has been volatile in the past, and some investors believe that it is overvalued. Additionally, the company’s listing on the Nasdaq Global Select Market is currently in question due to the exchange’s disapproval of the company’s plan to consolidate the financial results of Canopy USA at one point. If Canopy chooses to continue with its plan and speed up its entry into the U.S. cannabis market, its listing on Nasdaq could be in jeopardy
Not to the moon but to the core of the earthOverall downtrend, break of baseline PLUS breakout out of triangle formation. I got one word for you: SHORT. Target zone: core of the earth.
PTX very interesting , cold break all time high.*** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis.
Thanks for watching. Follow if you like.
:)
PTX Possible rematch for an entryFor now it looks like strong resistance at 30.6$. It may go down towards 28.12$. A nice entry point. I wouldn't like it if it breakes below 25$.
As long as major support trendline hold it's just follow the trend for higher goals..
