PLTR going up ??PLTR is retesting the 15.40 zone resistance, anything above the zone is a confirmation of the 22.60 zone resitance. Wait for upward confirmation before entry
PLTR trade ideas
Palantir - PLTR to $12 than $45It's possible that we may witness further declines in NYSE:PLTR over the upcoming days. I believe there's a higher probability of a decrease towards the support level around $12 to $11.50. I intend to purchase Palantir at the $12 mark.
hopeful thinking if it can find support @ 13.75ish for the next couple trading days that would be great to enter long
ANY SHORT SELLERS GOING TO GET BURNT should it find support around 13.75-13.99 and itll bounce back finding its fair value, consilidate and by next week well be back to the moon the share buybacks are a good sign
nice pump and dump going on lets the shorts be squeezed this is a good STOCK to have
some alternatives would be SNOWFLAKE or CLOUDFLARE but are also expensive
with quarter over quarter earings beat guided revenue I PERSONALLY SEE MORE UPSIDE IN PALANTIR
if it somehow drops down to the 12-13 range would be an ideal price target to start a long position
high interest and short volume interest isnt helping either this has been on a trend of higher higher highs and higher lows on a MONTHLY TIMELINE
i see the sharebuyback as a bonus as they have much cash on the side and rather then acquiring smaller business in a high interest rate economy
the idea buying back company shares now rather than at the 7 and 8s is a good sign
and postive for shareholders
Palantir Stock: longterm 4hPalantir has been displaying strong bullish momentum, with a clear upward trend on the chart. The stock has been making higher highs and higher lows, indicating a healthy uptrend. This suggests that there is underlying strength in the stock and a positive outlook for future price appreciation.
To manage risk effectively, we have marked fat lines on the chart, which represent our stop loss levels. These lines serve as a visual guide to protect our positions in case the stock experiences a significant pullback or a change in the overall market sentiment. By setting stop loss levels, we can limit potential losses and protect our capital.
PLTR head and shoulders. short target $13.60As we can see we have a possible head and shoulders formation among us. I would try to get short probably around $17, with a take profit level of $13.60.
Remember to use a stop loss.
Palantir Set to FailThe elliott Wave count suggests we could soon see a top in place and then start to resume lower.
Feel free to ask questions, Trade Safe!
PLTR AnalysisPrice playing out nicely as analyzed last week, giving us a 9.55% move to the downside, fully filled the fair value gap at 18.17 exactly as analyzed. Price looks like it will continue on its bearish order flow, and my target for this down move is potentially to mitigate the bullish POI at 15.77.
PLTRAccording to my analysis, it should follow the bullish trend if it's hit the entry point position.
Palantir OverboughtPalantir looks overbought and in need of correction
I reckon it will drop for the next week or so, and will be opening a small short tomorrow
Bullish PLTR - dip opportunity Palantir Technologies Inc. NYSE:PLTR next is $24 may be by October -dydd. buy above $14 (SL) - let see what earnings will bring
PLTR AnalysisPrice missed the bullish POI I was targeting by a little and rallied higher, breaking market structure to the upside. Right now, price should follow the bullish order flow. I'm expecting a healthy bearish retracement, to fill the fair value gap at 18.17 next before continuing higher.
PLTR - Buy orders - Saruman aint having it 3 Buy orders
General
Palantir is in a downtrend and generated a lower swing compared to the recent swing low. However we are close to the start of all time low. Also in my opinion its due for some uptrend.
3 buy orders placed. First will be executed now.
Target
Next resistance level (level 1).
Confluence with the recent swing low.
Requirements
- None, just hitting the orders
Invalidation / SL
- None
Stop- Loss
- None
Time duration
Days, weeks, months, years... ;)
Good luck
PLTR goes down to $11 price target, then up to $19-$20PLTR goes down to $11 price target (finishes 4th wave - 38.2% of wave 3). Then moves to $19-$20 price target (5th wave).
Palantir PLTR over-heated and due to Cool OffMost powerful thing he said: Infrastructure. 10 years lasting trend. Unimaginable money the government has been pouring into it. I'd add to that anything to do with reshoring as well.
AI + Finance = The Future
Upper space of PLTR stock has been opened!Upper space of PLTR stock has been opened!
This chart shows the weekly candle chart of Palantir stock from the end of 2020 to the present. The top to bottom golden section is superimposed in the figure. As shown in the figure, Palantir's stock has broken through the 2.000 level of the golden section in the past three weeks, and its previous low point was at the 2.618 level of the golden section in the figure! So, the next strong pressure on Palantir stocks is around the 1.618 or 21.53 position of the golden section in the graph!
$PLTR Game Plan July 31, 2023 NYSE:PLTR , Summary of Palantir's stock performance and forecast:
On Friday, July 28th, 2023, Palantir's stock price rose by 10.28%, from $16.15 to $17.81, with fluctuations between $16.74 and $17.97.
The stock has fallen in 6 of the last 10 days but is up by 8.6% over the past 2 weeks.
Volume increased along with the price, which is considered a positive technical sign, with 104 million shares traded for approximately $1.84 billion.
The short-term trend indicates a further rise of 91.38% in the next 3 months, with a potential price range between $30.65 and $36.91 at the end of this period.
Palantir stock holds buy signals from both short and long-term Moving Averages, as well as a buy signal from the 3-month Moving Average Convergence Divergence (MACD).
Some negative signals were issued as well, including a sell signal from a pivot top point on Tuesday, July 18, 2023.
The stock has support at $16.30 and $14.71, but breaking these levels could lead to further declines.
The recommended stop-loss level is $17.08 (-4.12%) due to the stock's medium daily movements and the sell signal from a pivot top 8 days ago.
For the upcoming trading day on Monday, July 31st, Palantir is expected to open at $17.51 and could move between $16.85 and $18.77.
Insiders are selling more shares than buying, which could be considered a negative signal.
Despite some negative signals, Palantir is seen as a good choice at the current levels, with a Strong Buy candidate status, and further gains are expected in the next 3 months.
PLTR - Analysts target middle of 2021 RangePalantir has been on a tear after consolidating in tight ranges around its lows from May 2022 - 23. The stock looks set to re-enter its previously accepted price range from late 2020 - 21 and analysts are targetting the middle of that range. This was a typical consolidation breakout in May, and the strength of the trend since then has me inclined to agree with the analyst's target in the medium term.
Analysts from Wedbush Securities predict Palantir stock price to reach $25 in the next year, as Daniel Ives made headlines this week with a buy rating and an outperform rating.
The stock price has surged this year, increasing by >150% in the first half of 2023 and >200% over the past six months, despite decelerating growth.
Palantir hit a 52-week intraday high on July 19
Despite its successful trajectory, the company's high trailing sales multiple (19x) versus its projected sales growth (16% for 2023) could be cause for concern for some.
Leadership + Positioning
Palantir, led by CEO Alex Karp, is considered a leader in the AI industry and is poised to become one of the biggest players in the coming decade.
Karp is a proponent of rapid AI development and sees AI as a major force in shaping political developments in this century.
Palantir faces stiff competition from Booz Allen in the government market, but its experience in this sector, especially in defense and AI applications, gives it an advantage over competitors.
PLTR is also recognized as one of the top three providers of AI/ML platforms by Forrester and ranked #1 in a worldwide AI software study by Gartner.
Partnerships + Market Conditions:
Palantir has significant expansion opportunities, thanks to partnerships across public and private sectors, and is leveraging its AI expertise with new partnerships and applications.
The company has expanded into healthcare, energy, and manufacturing, and has partnered with Toronto-based startup AirMatrix and extended its partnership with Concordance Healthcare Solutions.
Almost 60% of Palantir's revenue is generated from government agencies, and the company has experienced a consistent 35% YoY growth in this business for the past ten years.
Overall market conditions are favorable, with tech stocks poised to rally further as the AI revolution progresses and the Nasdaq in solid uptrend territory. Palantir is attracting attention from retail investors and mainstream media and is considered a good valuation with favorable risk-reward.
$PLTR game plan ! July 28 2023 Palantir Technologies Inc. experienced a decline in its stock price by -1.70% on Thursday, July 27th, 2023, dropping from $16.43 to $16.15. Throughout the trading day, the stock fluctuated between a low of $16.00 and a high of $17.19, indicating a 7.44% variation. Over the past ten days, the stock has witnessed a decrease in price in 7 of those days, resulting in an overall decline of -3.52% during this period. Although the trading volume increased by 14 million shares on the last day, it occurred amidst falling prices, potentially signaling a cause for concern and a slight increase in risk over the next few days. The total volume of shares traded amounted to approximately $800.48 million, involving 50 million shares.
From a short-term perspective, the stock is currently positioned in the lower portion of a wide and strong upward trend, suggesting a potential buying opportunity. A significant point to observe is whether the lower trend floor at $16.05 will be breached, which could indicate a slower rate of ascent and even a potential shift in trend. Given the present short-term trend, it is anticipated that the stock may rise by 96.48% over the next 3 months with a 90% probability of holding a price within the range of $31.53 and $37.64 at the end of this 3-month period.
Regarding signals and forecasts, the Palantir stock currently has a sell signal from the short-term Moving Average but a buy signal from the long-term average. As the short-term average surpasses the long-term average, a general buy signal is established for the stock, providing a positive outlook. If the stock makes further gains, it may encounter resistance from the short-term Moving Average at approximately $16.72. Conversely, on a decline, the stock may find support from the long-term average at around $15.85. A break above the short-term average would trigger a buy signal, while a breakdown through the long-term average would result in a sell signal. Additionally, the 3-month Moving Average Convergence Divergence (MACD) also issues a buy signal, although some negative signals have emerged that could influence the near short-term development. Notably, a sell signal was triggered from a pivot top point on Tuesday, July 18, 2023, causing the stock to decline by -10.67%. Further descent is predicted until a new bottom pivot is identified. The increase in volume on falling prices from the previous day is a cautionary sign, suggesting that the stock should be closely monitored.
Assessing support, risk, and stop-loss levels, the stock currently finds support just below the current level at $14.71 and $14.69, with potential risk if these support levels are broken, possibly leading to a decline to the next support level at $12.64. Considering its daily movements and trading volume, the stock is deemed to carry a medium level of risk. On the last trading day, the stock displayed a movement of $1.19 between its high and low, translating to 7.44%. Over the past week, the stock exhibited a daily average volatility of 5.38%. The recommended stop-loss level is set at $15.37 (-4.86%), which accounts for the medium daily movements and is based on a sell signal from a pivot top identified 7 days ago.
Looking ahead to the upcoming trading day on Friday, July 28th, it is expected that Palantir Technologies Inc. will open at $16.45. Based on the 14-day Average True Range, the stock is projected to fluctuate between $15.25 and $17.05 throughout the day, resulting in a potential trading range of +/-$0.90 (+/-5.56%) from the previous closing price. If the stock surpasses the calculated swing range, there could be an estimated 11.12% fluctuation between the lowest and highest trading prices during the day. Given that the stock is closer to the resistance level from accumulated volume at $16.30 (0.93%) than the support level at $14.71 (8.92%), the current intra-day risk/reward ratio may not be considered attractive. It is advisable to wait until the stock approaches the support level before making any trades.
Regarding insider trading activities, in the last 100 trades, insiders bought 7.85 million shares and sold 10.51 million shares. The most recent trade involving insiders occurred 60 days ago when Palantir Technologies Inc. acquired 0 shares. Overall, insiders appear to be selling more shares than they are buying, which can be perceived as a negative signal.
In conclusion, while several short-term signals and the general trend suggest a positive outlook for Palantir stock, the stock's performance in the short-term appears promising. However, it is important to closely monitor the situation due to some negative signals and the insider selling activity.
Bullish Alert : PLTROn the 15 minutes, there is a good double bottom at $16.25 with a new Bullish Alert.
The price started to consolidate nearby the ema 50 with the ema 21 that is approaching the same level.
Waiting for a bullish crossover and a positive price action
$PLTR Pullback Buy SetupNYSE:PLTR setting a pullback buy setup in its #powerplay pattern but that long upper shadow doji like shooting star on the weekly is sticking out like s soar thump.
I would rather see this push down and test its 50 MA and building a new larger base.
