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 trade ideas
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.
$PLTR Butterfly level Hey guys follow up my last pattern for $PLTR. . Please look for bullish price action in the box. Pin bar , Inside bar , engulfing bar would offer a small stop loss. Stop loss per pattern is just below 1.414 ext. . Aim for tp 1 and move stop to even (take 1/2 off$) Note a wick w pin off 1.414 or reclaim is bullish and pattern is still valid in that case. This is very high risk, (chart looks rough imo)
pltr to 4-5 levls
Palantir Technologies Inc., which belongs to the Zacks Technology Services industry, posted revenues of $477.88 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of $392.15 million. The company has topped consensus revenue estimates four times over the last four quarters
On the same hand (PLTR) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.01, delivering a surprise of -133.33%.
PLTR AnalysisPrice did not manage to hit the bearish POI at 10.10 before breaking market structure to the downside. From here, I'm expecting price to head lower with PLTR earnings today, potentially missing the earnings estimates.
PLTR: Company gains momentum, Price loses itLots of amazing headways for Palantir itself. Lots of opportunities being seized during these tumultuous times.
That said, I believe the macro headwinds have other plans for the price of the stock.
I find it quite interesting how inverse the price to company is.
I can't wait to buy under $5.
PLTR AnalysisPrice played out exactly as analyzed previously. Right now, I'm expecting price to follow the order flow and go higher mitigating the bearish POI at 10.10 before going lower.
PLTR AnalysisPrice consolidated at this area since my last analysis. No changes to my expectations. I'm expecting the price to react to this bullish POI and target the highs at 8.61.
Buy & Hold PalantirNYSE:PLTR
*This is a long term investment idea*
It's not a bad idea to start buying (& holding) Palantir down here.
With all the geopolitical tension in the world at the moment, the demand for their services should keep growing for the foreseeable future.
They have a stable stream of revenue from government contracts, along with a growing commercial business that should bolster their revenues.
Hence, their ever growing quarterly revenue numbers. (Screenshot below)
Technically speaking; momentum has been building bullish divergence for quite some time now.
At the moment, price is within the bottom range of the arcs, and has exited the yellow pitchfork without reaching it's median line. (Hagopian Gap)
I'm thinking that price should start climbing soon.
In the long term, I think price will eventually get back to the all time highs at $45.
Over the next few years, I'm thinking that a retracement to the 0.50 or 0.618 Fibonacci levels is likely. ($25 - $30)
I'm adding some PLTR to my retirement account this week.
I also plan to purchase some LEAPS in my trading account in three stages.
Positive Momentum Breakout
Weekly close above "Long-Confirmation A"
Weekly close above "Long-Confirmation B"
Fat_Fat
Pltr (palantir) Basic rule in investing ( every lower low gives /makes higher high )
Now we are below 10$ which is the low of the stock .
Stock have been demonstrating in AI and the government contracts are massive .
Not only that the stock have a cash can make it survive and upgrade during rescission .
I think DCA is great but this stock is for long term 5-10 years .
GOOD LUCK
PLTR AnalysisPrice playing out as analyzed last week. Price is currently mitigating this bullish POI. My expectations are unchanged. The potential target for this reaction is to take out the equal highs at 8.61.
PLTR:. Bullish divergence and hidden divergenceNoticing some bullish signs and respecting support and resistance... Looks like upward movement for earnings.
Afterwards of course is uncertain. There is good reason to be optimistic about earnings in any other state of our economy. That said, should the price movement remain bullish I imagine my conviction will go unchanged.
PLTR AnalysisPrice played out as analyzed last week. My expectations are unchanged as I expect the price to bounce off this bullish POI at 7.92 with the potential target of the equal highs at 8.61.
Palantir Potential Pitchfork PlayIn this update we review the recent price action in Palantir and identify the next high probability trading opportunity and price objectives to target
$PLTR | Overbought & DivergenceWith PLTR we see several items that could be a signal for a potential reversal finally. We see a broken upper Bollinger Band multiple times as well as bearish divergence near this top. Also a gap back down below short term support (highlighted by the blue line). Even though I have the next spot for support marked, we could be looking at a "SOFT" landing around $7.94 area due to the respect of the 20MA. I previously took out PUT contracts on PLTR around the first break of the Bollinger Band so this is definite relief.
#PLTR long ideaHello dear Traders,
Here is my idea for #PLTR
Price closed above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
