PLTR trade ideas
PLTR: low stock price, high convictionHow strong is your conviction. Did you sell Tesla after it had been moving sideways between 30 and 60 dollars for 5 years straight (pre-split!), or did you hold? Now, legacy car companies are scrambling to push sub-par electric vehicles out onto the market in order to compete.
I believe PLTR has a one of a kind software 5-10 years ahead of the game (same as Tesla was with EV). And misunderstood just as Tesla was. Other established AI software companies see more value in using PLTRs operating system as opposed to their own SATL & BSKY to name a couple. Palantir is dropping seeds in the commercial sector just as they had done with the US government over the past 17 years. We all know they're here to stay.
At some point some may argue Google can be a strong competitor to Palantir because they're capable of it. This may be true from a technical standpoint, although I'd argue that, just as AI is growing in want/necessity, so to is privacy. On a social stand point, all companies, particularly startups, have a need to ensure their product or service remains proprietary, just in one example. Who would you trust with the handling of your data, I ask, between Google - who stores, sells, makes use of your data? Or Palantir? Who does none of that, and protects said data in favor of the companies using PLTRs operating system.
So, this is just my opinion and not trading advice. I'll HODL and buy the dip until my final rip.
Cheers.
PLTR Flip TimeAnother up or down opportunity. I would think up but what do I know. PLTR is considered kinda meme by a good long term hold potenitally but when I say long term I mean like +5 years but I do believe we are seeing a good buy opportunity for short term plays
PLTR So much for the growth stocksArk Invest sold more than 2Mil shares of PLTR yesterday.
The options are also slightly bearish ahead of the February earning call.
Palatir Technologies expects fourth quarter revenue of $418 million with 2021 revenue growth of 40% to $1.53 billion.
The earnings are still negative, so looking at the mk cap, PLTR is trading at 16.6 times revenue.
Maybe a pullback to 9-10X revenue would be healthy.
My buy area is between 8,8 and 10.5.
looking forward to read your opinion about it.
Palantir Buy swing tradeHey all, Palantir seems to be oversold. We can expect a bounce to $18.
Targets: 15, 16.5, 18. Moving stop loss after the price reaches the first target.
Not financial advice. Do your own analysis/research.
PTLR ABOUT TO RISEPTLR is in the buy zone and about to turn around. I am making a buy and taking profits at $16.60 when it passes 17.14 I am buying and taking profit again at $22.30 and again in the $26.50 ranch which it should be reversing..
History has shown us that resistance support are strong in these price ranges. We will see!
In this market it may bounce between the last and second level but eventually make it over $26.52.
$PLTR Would love to see this bounce!I think the fundamentals are great but for technicals, I would wait to see if it bounces from $11 and base around 14-15$ area for a long position (short-term). Below 11$, I think this one is a steal. Good for long term.
Disclaimer:I've been accumulating for long term
at resistance zone, rejection soon🔻pltr at this trend resistance area, also at local rsi resistance, we should see a rejection then dump below support soon.
price targets are 12.04-11.16-10.28
like and follow for more! <3
PLTR can trade under 5Endless mockery and abuse for saying this when it was 25. Hopefully we are allowed to talk about the risk now.
PLTR nearing the end of the capitulation swing, but after that the market can slow bleed for a long time and go lower. Typically this type of boom leads to a 90% drawdown from the high.
Palantir long according to MFII wanted to get this out there quickly, as I think it's going to bounce fast up. Money FLow index bigtime divergence on 30m bars. Tight stop just under $18 at like $17.80, because there is a descending triangle that has also formed on a longer timeframe and it's a very bearish and it scares me. Tight stops to protect yourself. This is either the bottom or the start of another leg down.
PLTR. This Future Move Makes Sense. RE-POSTED.NYSE:PLTR was in a rising wedge before it made the recent 43% drop. Now, on the weekly, it appears to be forming a falling wedge . What this means is that we see at least one lower low, before we can break the top of the falling wedge , and eventually reach all time high. Currently, the falling wedge is not confirmed because we have only two touches on its bottom side. Moreover, RSI is sinking lower and lower with each new low. We wait to see a lower low corresponding with a higher RSI low, forming an RSI divergence. When that happens, then we have a trade setup with 80% to 100% upside, depending on where bullish confirmation occurs. For now, we just wait and see.
Time to turn it aroundIt appears we are getting closer for a rebound, RSI being oversold and the price sitting just above the lower trendline that has acted as support since last year...
$PLTR Trade-Setup LONGI rally like Palantir at this spot, backtest of the pattern completion zone of the harmonic in the 4h chart.
Daily chart RSI is at 16, poised for some kind of bounce.
Buy in, TP's and Stopp Loss as in the chart.
Good luck out there!
Like, Comment and subscribe pls! :)
PLTR Fib levelsPLTR 11.12 is the next level
Fib level indicates going further down until 11.12 and hopefully finds a bottom there.
PLTR Descending wedge bounce soon?Broke down out of the sharper wedge, but It's still within the larger triangle. Is this the bottom?
PLTR Possible Breakout or Steady Move UpwardNice IPO run-up over 200%, institutions are definitely interested in PLTR. The 93-day hold rule shows selling, which is normal for the original investors to take profits. Remember many are in at much lower price points. This also shows a nice base after they sold that has continued to remain strong to this day. Just so happens the 200DMA is also at the same support level of 22.50, which PLTR showed more signs of support.
I believe the base is forming nicely for an attempt to pop through the top of the triangle, which if we witness this on above-average volume then I think there will be a run to test the ATH of 45.
At this points profits can be taken or ideally work through another base with some sideways movement prior to advancing up the next level.
One step at a time though.
