$PLTR - Whats next?NYSE:PLTR If 13.91 fib support breaks, we could see a pull back to $13.19 to $12 area. $12.22 is 50% retracement. Should provide stronger support. No position. Just 👀ing for now.
PLTR trade ideas
A reverse Adam-Eve idea PLTR has risen with the earnings and AI mania. It is time for a correction for further upside. The price action has started to develop a reverse Adam-Eve pattern. RSI and OBV show some bearish divergence as well. We may see a correction to 0.236 or 0.382 fib retracement levels.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
PLTR: Sell ideaSell idea on PLTR as you see on the chart because we have the breakout with force the vwap and the support line by a big red candle with a large red volume.Thanks!!
$PLTR Short .This idea is based on the previous PLTR short that hit our stop loss.
Trade is ready to good.
PLTR: Buy ideaBuy idea on PLTR after the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume.Thanks!
PLTR AnalysisPrice consolidated since my last analysis. No changes to my expectations, price is currently at premium level. FOMO in right now will be risky as price has a huge downside potential right now. I'm expecting price to head lower into the discount level, potentially the bullish POI at 10.30.
My Macro View - Palantir $PLTRWe are nearing the end of a Triple Zig Zag IMO. Should see this test for a new low before turning bullish on a greater scale. My DCA is in the mid $7 range. Would love to add on again if this plays... nonetheless, Palantir has tremendous upside in the future.
Palantir's share price could easily double from here!This idea is based on Wyckoff's method. The Point $ Figure accumulation count serves as a way to determine the target objective based on the accumulation count in the base.
All other information is in the chart.
NQdecipher
PLTR Palantir Technologies & the Cyberwars If you haven`t bought PLTR shares in the buy area:
Then you should know that Palantir Technologies builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.
While they do have offerings related to cybersecurity, their primary focus is on providing data integration, analysis, and management solutions across various industries, including government, finance, and healthcare.
In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could potentially benefit cybersecurity stocks in the market. These attacks highlight the vulnerabilities present in the software systems used by government entities, underscoring the urgent need for robust cybersecurity solutions.
The fact that the U.S. Cybersecurity and Infrastructure Security Agency is actively investigating the breach indicates the seriousness of the situation and the government's commitment to addressing these security threats. As such, there may be a heightened emphasis on strengthening cybersecurity infrastructure and investing in advanced technologies to defend against future attacks.
Furthermore, the reported involvement of a Russian-speaking hacking group known as CLOP in previous attacks serves as a reminder of the persistent and evolving nature of cyber warfare. This continuous threat landscape necessitates ongoing innovation and investment in cybersecurity.
Considering these factors, cybersecurity stocks have the potential to experience an upward trajectory. Companies specializing in threat intelligence, network security, endpoint protection, and data encryption could be in high demand as organizations and governments seek to fortify their defenses against cyber threats.
My Price Target for PLTR is $20 by the end of the year.
Looking forward to read your opinion about it!
PLTR: Buy idea Buy idea on PLTR as you see on the chart after the breakout with force the resistance line by a big green candle with a large green volume.Thanks!
Palantir due for a slow down!The OB that was used to break liquidity needs to be mitigated and more buy orders will be issued!
PLTR: Buy ideaBuy idea on PLTR as you see on the chart because we have the breakout with force the resistance line.Thanks!
PLTR: Buy ideaOn PLTR as you see on the chart we will have a big probability to have an uptrend because we have the breakout of vwap and the breakout of the resistance line.Thanks!
PLTR AnalysisPrice consolidated since my last analysis. No change to my expectations from last week. Price is showing very strong bearish rejection at the current area. However, with the recent bullish momentum, it is safer to enter at at lower price instead. Potential target for the down move if we get a confirmation, is the bullish POI at 10.30.
AI Momo200-500 moving channel and weekly buy squeeze firing. First target 11 then 13. Stop close below 8.
PLTR: buy ideaOn PLTR we will have a big probability to have an uptrend as you see on the chart .Thanks!
AnalysisHow to enter the market and how to exit the market?
As you can see on the chart we enter a buy position when the vwap indicator is forcefully broken along with the resistance line by a large green candle and accompanied by large green volume. This means that the buyers have taken over the sellers. In addition, we have a succession of green candles in sum five (05). The fifth green candle is already signaling us to prepare to exit the market because it has a long wick with a relatively small body. With regard to this fifth green candle, when a red candle appears with a large red volume it means that we have a high probability of having a reversal of the trend (Bearish). Thanks!
PLTR: so far looking goodPLTR is on a rip! At this point we might have seen wave 3 on the minute degree has been completed. Since there is no bearish divergence between Feb high and the today's high, it is safe to say this is not a C wave. However, we must let 5 waves play out. Since wave 2 was long and deep ABC flat, wave 4 could be a swift and shallow zigzag or a triangle. the invalidation point for bullish case is the wave 1 $10.31 high. I am expecting support on around $12 should hold and price should not show too much weakness right now. Whatever consolidation is needed to cool off RSI to continue the next wave higher. I will be looking to load up again at $12 to $11 levels with a clear stop at $10.31. Eventual target for minor wave 1 will be around at $20 something...
$PLTR Short .PLTR did a very nice bullish move these days giving more than 130% but now it reached MONTHLY REISISTANCE and sellers got it serious and powerful followed by big volume.
PLTR: Buy ideaBuy idea on PLTR as you see on the chart because we have the breakout of the resistance line. Thanks!
PLTR :Is there a bubble behind the meteoric rise of PLTR stock?The recent surge in PLTR stock is partially attributed to Nvidia's (NVDA) historic quarterly earnings. Nvidia's revenue forecast for the second quarter is $11 billion, far exceeding analyst expectations of $7.15 billion. This positive news also boosted the stocks of other companies involved in artificial intelligence (AI) and machine learning (ML), including PLTR.
Recently, Palantir announced a partnership with the Ministry of Digital Transformation in Ukraine. Through this collaboration, Palantir will assist Ukraine in rebuilding its digital infrastructure, which was damaged during the Russian invasion. The services will include enhancing the efficiency of electronic public services and collaborating with the Armed Forces of Ukraine to implement digital and innovative projects.
However, I've also noticed that Palantir faces potential competition from data platforms developed by the U.S. government, concerns about its investments in SPAC-backed startups, and the launch of its Apollo platform, which may face competition from other cloud-based software update platforms. Amid the push of the AI wave, technology suite companies are also experiencing a pullback, but there is a certain bubble in this.
From a technical perspective, as you've mentioned, there are signs of overbuying risk, so chasing the bull trend right now isn't advisable. I would suggest remaining on the sidelines as the current price isn't a good entry point. The first resistance level above is around 18, with a short-term resistance level at 15.63, which is the weekly high.
If you already hold this stock, you could continue to wait for a sprint to the first resistance level above and use it as your first profit target.
