PLTR D-Chart is still bullish- Rising wedge has formed.
- Price is moving within the wedge trendlines.
- Break on either side of the wedge will define the next trend.
PLTR trade ideas
PLTR long position in daily chartPLTR take a long position in daily wedge pattern with reversal rsi trend
good luck
PLTR | Maybe It Has Reached The BottomPLTR | Maybe It Has Reached The Bottom
When the price reached the bottom near $6 some days ago
we can see that the buyers were well positioned there as the price increased
very quickly.
On the daily chart, we can also see a very solid wedge pattern
that may push the price even higher.
It could be a very good long-term investment and the price may grow more than
I am expecting in the short term.
Thank you and Good Luck!
PLTR AnalysisPrice hits the first target and retraced deeper into the bearish POI. Price has also created relatively equal lows at 6.67 which could be taken once confirmation on lower timeframe has been made. This will push price back down to the bullish POI at 6.38.
PLTR still NOT ready to go upI am fully Bearish in NYSE:PLTR for Both TA analysis or Financial analysis
TA analysis shows that the main trend is DOWN TREND and it is still that Not ready for reversal Until it close daily Above the price as shown in the chart
and Financially the company still Not a profitable company so finding another company in this sector is better right Now
What do you think? share your ideas in the comment
PLTR: Trap?Prices have been floating upwards for a bit. Folks seem to forget the macro environment we find ourselves in. When will we be reminded is the question.
Perhaps we'll move a bit higher. Though for now we continue to travel within a channel.
Palantir - Price May Change Direction SoonPalantir - Price May Change Direction Soon
PLTR is showing a wedge pattern on the trading radar.
Bullish volume built up within the pattern
is getting ready to rise the price.
We can see that the price is breaking out of the pattern.
Chances are very high that we may be in a correction
and not at a clear point of reversal.
Details on the chart!
Thank you and Good Luck!
PLTR - Short Term Profits by Mid JanuarySimple bet I'm making here, some technical analysis involved by also a gut call based on fundamentals, above 50ma on hourly and approaching 200ma, approaching 50ma on 4hr, reversal on the daily, possible retest of previous resistance before going down further or a continuation up. Either way I think we could see this upside first.
I don't have a crystal ball, or a Palantir, but I'm going to take a risk of 3-4% for 6-7% profit at this level.
Fundamentals look good along with the new Skykit announcement. Would be surprised to see things start looking better, only thing really holding PLTR down is the market in my opinion, so if we have a green day on the market, I wouldn't be surprised to see Palantir top that.
PLTR- Short on Positional BasisPLTR Already breaks its strong support zone and retests it again, so this is good for taking short positional trad also US index is bearish so the probability is high to give a good risk reward.
PLTR - D Chart - Descending Triangle broken downwards1- LL
2- Support broker @ 6.50
3- Descending triangle bottom line broken
4- Fib level 0.23 acting as resistance
5- Downward slop Head & Shoulder
PLTR AnalysisPrice played out nicely according to my previous analysis. Price filled the fair value gap at 8.00 before giving a strong reaction to the downside, taking out the sell-side liquidity at 6.89. I'm expecting price to head down lower to take out the all-time lows at 6.44 following the higher timeframe order flow.
PLTR AnalysisPrice has been consolidating around the $7 range. We can also see sell-side liquidity being built here as price tries to rally. Furthermore, price created equal lows at 6.89. There is a high probability that price will take these liquidity.
PLTR: Palantir: Worth to have a small bag, for risk loversNYSE:PLTR On support. What to say? Risky asset but definitely worth to have a small bag of it, Palantir will probably leverage itself with the use of AI way more, and what if they make an as powerful AI as ChatGPT is?
I do not know.. let's grab a bag!
Palantir: I gotta go 🏃♂️Although the Palantir stock is currently moving downwards, we're expecting the course to climb further North, before corssing the support at $6.44, to reach the turquoise target zone between $15.24 and $17.21 to finish the turquoise wave (iii). Thereupon, we predict a course correction to finish the turquoise wave (iv) before turning the trend back up in order to surpass the resistance line at $14.86. In our alternative scenario, the stock would continue its current movements further downward and drop below the $6.44-mark before heading back up.
PLTR AnalysisPrice did not play out as analyzed last week. Price rallied and almost filled the fair value gap at 8.00. Price also created sell-side liquidity which is likely to be taken in the near future. I'm expecting price to at least fill the fair value gap before going lower.
PLTR AnalysisPrice consolidated since my last analysis. We see volume decreasing on this small bullish retracement. My expectations are unchanged, expecting price to head towards the all-time lows at 6.44.
Target Trading- PLTRR:R of nearly 7, using this as an example of what I learned in target trading course.
Questions- Are these good T1/T2/T3 placements?
Is the stoploss too high? I wouldn't want to be in the trade if it breaks to All Time Lows
#TheTradeSchool
PLTR AnalysisPrice played out nicely as analyzed last week, dumping straight from the bearish POI at 9.06. My expectations for this down move remain unchanged, to target the all-time lows at 6.44.
Cyber defense stock looking bullish is actually bad news !As shown in the video, Palantir is a cyber/ defense stock which is looking ripe for a breakout. This means a catalyst is coming which could spook the general market.
Target is 10 level over the next week and ~13 over the next 5 weeks.
Please leave your constructive criticism
PLTR AnalysisPrice played out as analyzed last week, but failed to take out the all-time lows. Price retraced into the bearish POI at 9.06 as the market rallied. I'm expecting a continuation to the downside to take liquidity before rallying higher.
PLTR - Wyckoff Accumulation?Dear subscribers and Palantir investors….
I hope that everyone had a wonderful holiday and could return to their work smoothly.
We didn’t release any update on Palantir in the last months because the stock experienced a steady decline in volatility and didn’t give investors many clues about its future. But everyone who is familiar with Wyckoff accumulation and distribution patterns can be excited for the coming weeks. In the last weeks a very clean Accumulation Pattern emerged in the chart and I marked the most important things for everyone.
For investors who aren't familiar with Richard. D Wyckoff's theory - i encourage to read the following article: school.stockcharts.com
Additionally, Palantir has formed a promising wave 1 – wave 2 setup which is marked in orange. Both these positive patterns give reason to be optimistic about the stock price!
Fundamentally the company is still reporting losses in it’s balance sheet but the management has been very busy forming partnerships and their expansion to Europe brings great potential.
It’s safe to say that Europe can only benefit from this expansion because we don’t really have such competitive and innovative companies over here.
Note that we are still invested in Palantir with both long positions disclosed below…
We continue to be optimistic about the future, and the possible end of the bear market in tech stocks could give further steam to this upcoming rally…
Greetings from switzerland!
Benjamin Mendenmein
Long #1
AVERAGE EXECUTION PRICE: $12.53
STOP-LOSS: NONE
LONGTERM-TARGET: +$80
LONG #2
AVERAGE EXECUTION PRICE: $7.59
STOP-LOSS: NONE
LONGTERM-TARGET: +$80
PRICE AVERAGE: 10.06$
PLTR setting up for a turnaround soonOverall declining volume combined with nicely formed declining wedge pattern feels like PLTR is nearing a bottom. Oversold.
