Get started
PPP

Palantir Technologies Inc (Extended Hours)

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

PLTR trade ideas

4-hour chart analysis of Palantir Technologies Inc. (NYSE: PLTR)A geometry-based approach, focusing on trendlines drawn from significant peaks and lows. By utilizing these trendlines, we aim to uncover potential insights into the stock's price movement. Geometry-Based Trendlines Analysis: Palantir (PLTR) 4-Hour Chart 1. Peaks and Lows Identification: We begin by identifying prominent price peaks and lows within the specified time frame. These key turning points provide a foundation for drawing trendlines that capture the stock's directional movement. 2. Upward Trendlines: Drawing trendlines connecting consecutive higher lows can reveal an upward trend. This trendline serves as a dynamic support level, indicating potential buying opportunities as the stock tends to respect this line during pullbacks. 3. Downward Trendlines: Conversely, trendlines connecting lower highs may expose a downward trend. Such a trendline acts as a resistance level, signaling potential selling zones as the stock encounters selling pressure near this line. 4. Triangle Patterns: As trendlines converge, triangular patterns may emerge. A symmetrical triangle indicates indecision between buyers and sellers, with a potential breakout in either direction. An ascending triangle suggests upward momentum, while a descending triangle hints at potential bearishness. 5. Trendline Breakouts: A breakout occurs when the stock's price breaches a trendline, often accompanied by increased volume. This can signal a shift in momentum and potential trend reversal. 6. Support and Resistance Validation: As the stock's price interacts with trendlines, it confirms the validity of these lines as support or resistance levels. Multiple touches increase the significance of these levels. 7. Pattern Confirmation: By combining trendlines with other technical indicators, such as moving averages or oscillators, we can validate potential trends and anticipate reversals more effectively. 8. Price Targets: Measuring the distance between the widest points of a pattern, such as a triangle, can provide potential price targets upon a breakout. These projections help traders set realistic expectations for potential gains. 9. Risk Management: Geometry-based trendlines can aid in setting stop-loss levels. Placing stop-loss orders slightly below support trendlines (in the case of long positions) or above resistance trendlines (for short positions) helps manage risk. 10. Adaptive Strategy: Continuously adjust trendlines as new peaks and lows form, ensuring the analysis remains current and aligned with the evolving price action. It's important to combine this analysis with other technical and fundamental factors for a comprehensive view before making trading decisions. Always remember that trading carries inherent risks and requires careful consideration of individual risk tolerance and investment goals.
NYSE:PLTR
by mindfree
PLTR insider selling head and shouldersWith top brass selling massively, it doesn't bode well for the short term. Expect a slight pop next week followed by the selloff. Plus I heard news that a share buy-back is in the works. Pattern shows this has been planned for some time and the hedge funds will bring this down with the recent short interests that have reportedly increased. Look for nines before next earnings. This is not investment advice, but for entertainment and education only.
NYSE:PLTR
by Nobueno
PLTR: Bullish Channel: AnalysisOn PLTR as you see on the chart we are in an uptrend. But if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume it's mean that we will have a big probability to have a reversal trend (downtrend). In other hand, if we have the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have a big probability to have a continuation of the uptrend. Thanks.
NYSE:PLTR
by PAZINI19
3
$PLTR Double bottom w/Head & ShouldersNYSE:PLTR Double bottom w/Head & Shoulders. ( NYSE:PLTR ) stock. Let's break down the patterns. 1. **Double Bottom:** A double bottom is a bullish reversal pattern that appears after a downtrend and is characterized by two consecutive lows at approximately the same level, separated by a peak in between. The price then breaks above the peak, indicating a potential reversal of the downtrend. 2. **Head and Shoulders Pattern:** A head and shoulders pattern is a reversal pattern that consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). This pattern suggests a transition from an uptrend to a potential downtrend. The neckline is a horizontal line that connects the lows between the shoulders. A breakdown below the neckline is often seen as a confirmation of the pattern. It's important to note that while these patterns can provide insights into potential price movements, they are not foolproof indicators and should be used in conjunction with other forms of analysis and risk management. The interpretation of these patterns can be subjective, and they may not always lead to the anticipated price movements. Furthermore, market conditions can change rapidly, and patterns may evolve or reverse unexpectedly. It's advisable to consider the broader market context, fundamental analysis, news, and other factors that could impact the stock's price. Always exercise caution and ensure you're making informed decisions based on a well-rounded understanding of the market and the asset you're trading or investing in.
NYSE:PLTR
by AlgoTradeAlert
PLTR: getting close to make or break areaPLTR got too hot too fast and cooling down just as fast for the last few weeks. price has bounced from support on Friday, but don't know if it will be sustainable or not at this point. Do not want to see price break $12.57. I have taken a position on the bounce on Friday but have a very tight stop loss below Friday low. If this bounce can sustain, then target will be around $24 area. Want to see RSI making a lower high to complete the 5-wave sequence and go for a larger correction. If price breaks down below $12.57, then will need to reassess the situation...
NYSE:PLTRLong
by mukit1
Palantir - Fear Worshippers of The All Seeing EyeI have to say that Palantir is a really difficult chart to read. On the one hand, looking at monthly bars, it's the kind of pattern which indicates new highs are in store. Weekly bars are about the same. Nothing about this says you can short. And its only that there's some divergences on the daily. But those divergences are really meaningful. However, at the same time, although it's up some 220%+ from the bottom, the bottom did take out the IPO low, which is not bullish. And these high prices are coming at a time when the Nasdaq and the SPX may very well have topped, which I address in my latest call: SPX - The Sound of a Shattering Iceberg Palantir is a company that is ostensibly a key component of the panopticon surveillance network that underlines the International Rules Based Order's version of the Chinese Communist Party's social credit system. At least, this is what rightists would tell you. If you asked the people behind the West's implementation of social credit, they would say they just seek to advance an enlightened society while keeping stability and security under control, and big data collection is crucial to that. Well, if you ask CCP members, they would tell you the same thing, just coated in Marxist jargon. And therein lies the problem. Mankind needs to return to its 5,000 year old traditions, which were reared and established over China's long dynasties, instead of trying to go Big Atheism and reinvent The Wheel. Regardless of if Palantir at its current $37 billion valuation is a part of the future or a part of the past and gone with the wind, the last three months of trading have been totally one directional. Which makes wanting to get short very deadly. However, conditions for a short setup that is at least a scalp were formed with the July high on the 19th. The reason for this is that price swept a key level and was met with a stiff rejection, taking a pivot. All on its own, in the stock market with the way it just likes to go uppy or grind sideways, this makes shorting or puts hard, still. But what we saw is daily candles double bottom at precisely $16.00, with Friday's trading session being yet another big green gainer on the back of such a bottom. And so, as Buffet said, one should be fearful when others are greedy, and greedy only when others are fearful. So the trade is to short somewhere between where we closed on Friday and over $18. When another dump occurs, where it dumps to will tell us everything about the future. If Palantir is truly bullish to more upside, it will preserve the June low at $13.56. If it's really bullish, it should even preserve the July low at $14.62 If it's bullish, but is going to take until 2024 to go higher, we can expect prices under $12. If it's bearish, prices under $11 are the target, with an all time low on deck and about to hit everyone on the face. Which do I think is the most likely? Frankly, probably a dump under $15 and a new high in August. There's no other way to put it or look at it at the moment. For things to be different, you'd need something like a banking crisis to intervene in the markets, a prospect I undertake here: Charles Schwab - The Harbinger Of The Next Crisis? I believe that, all things considered, the risk side of the trade right now is people who are longing this top, regarding it as a dip to buy, expecting more highs. Because people have capitulated, become greedy, and have taken their eyes off the clock. You should remember that you're just standing in an equities bear market rally while central banks have their key rates pinned over 5% and no intention to cut. This is bad news for stocks, and yet people are being told indexes are set to make a new all time high. Repricing to the downside can come violently, aggressively, be gappy, and will give those on the wrong side of the trade no chance to get out. Be very careful.
NYSE:PLTRLong
by LordWrymouth
4
Pop and drop? PLTR $12-13 targetThis is a test of my intuitive and dowsing methods for PLTR earnings tonight, and basically, a journal of it for anyone interested. Laugh at it, cry cuz it scares you, call me crazy, applaud it, whatever. Intuitively I immediately get the number 8, which I think is likely the percent move - or my imagination and irrelevant. That would take PLTR to around $19.27, however, I definitely think it's going down to the $12-13 area, which came up in my intuition and dowsing gave the same level.
NYSE:PLTRShort
by JenRz
3