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 target00:47by TickmillPublished 6
$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. Shortby CryptoHotepPublished 1
#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!❤️Longby Diplo_TradesPublished 4
PLTR AnalysisPrice did not play out as per my last analysis. Price has broken the market structure to the upside. From here, I'm expecting a bearish retracement into the bullish POI at 7.92 if price wants to continue higher.Shortby KeeleytwjPublished 6
PLTR: Broke out of year and half long trendZooming out is the best way to get an idea of general a stocks direction. On the day of the 700+ million dollar contract with the US army, volume spiked, which gave momentum to push past a year and a half long resistance. Given this, it looks as though we MAY see a trend reversal (idk I'm not a pro - I've only been analyzing stock patterns for 3 years on and off for fun). The earnings this coming quarter may be another catalyst for more upward movement. We're looking at break out from a very large falling wedge. We also have one confirmed retest on top of resistance. Mid-long term price target according to the distance between support and resistance is 25-30 *Not trading advice. Just sharing what I see. Longby HassiOnTheMoonPublished 6
Palantir Inc Fractal Analysis Observing behavior of the market when price is around the parallel line from top. Pullback volativility inside white channel = +70% Key historic volatilities of fractal config: Visualized by fractUpdated 3337
PALANTIR - Short RallyEverything is showing signs of short rally today. Palantir is definitely one to do some scalping today.Longby v3j3vPublished 1
PLTRPalantir has mad a nice w pattern. I am hoping for it too come up and fill the gap then will be looking to enter on the retest of previous resistance. Longby DonnyboppinPublished 1
PLTR AnalysisPrice played out well as analyzed last week. Price has taken the lows at 7.17 and closed strongly above the opening price on the last trading day. Right now, I'm still expecting price to go lower, continuing the higher timeframe downtrend. Shortby KeeleytwjPublished 0
PLTR: Long entry with low riskLooking like a contracting leading diagonal wave 1 followed by a deep wave 2. We have a bullish divergence on RSI on daily time frame. The Friday's low will most likely be tested next week. I will be looking for a long entry in the box area if price comes down there. Stop loss will be pretty tight, below the May low. Take profit areas will be determined after the uptrend takes hold. First area will be at the previous top 11.55 area. General market is very bearish, so we will see if this works out. Still a fan of this stock. Not financial advice. Longby mukit1Published 116
$PLTR So much volume here - We may see higher prices$PLTR is looking very bullish at least in the short term. There is a bullish reversal candle confirmed in the daily chart.Longby juvitoPublished 7
PLTR AnalysisPrice reacted to the bearish POI at 8.00 as expected last week. However, the down move was not sustained. My expectations is still unchanged, expecting price to go lower after mitigating the bearish POI at 8.00.Shortby KeeleytwjPublished 0
PLTR AnalysisI was expecting price to continue lower to $7 psychological round number. Price went up instead. From here, I'm expecting price to mitigate the bearish POI at 8.00 and potentially continue on the downtrend.Longby KeeleytwjPublished 0
Probably Bottomed...Looks like a pretty clean count if I don't say so myself - can it squeeze another low? yes but it's not likely imo - probably a multi year long if the bottom is in - new highs should come sooner than people think if so.Longby Swoop6Published 1
PLTR AnalysisNo changes from my last analysis. Price played well as analyzed last week. Price took sell-side liquidity and broken market structure to the downside. I'm expecting price to continue down until we see a change in momentum to the upside.Shortby KeeleytwjPublished 114
$PLTR- Bullish CipherOn the zoomed out frame, we have a bullish Shark formed and confirmed. On the zoomed in we have a cipher confirming hourly as well.Longby mknight2690Published 5
PLTR - Looking To Buy But Not YetPLTR is in a choppy corrective ascending channel here and it will probably fall out to the downside at some point. Reasonable probability assuming the channel has topped that it will get back to the log 0.618 which is $7.73 at which point I will like to buy. There is a fair amount of weekly divergence coming in and I think a big bounce is due. Worth noting that it didnt quite make it to the 1.618 extension at $6.07 so I will save some allocation in case it does get there which would be a very good buy I think. Longby dRends35Updated 7718
Palantir Within an Ascending Channel! Will It Grow More?Palantir Within an Ascending Channel! Will It Grow More? Since the beginning of the new year the stock market was suffering a lot of losses. As you can see Palantir is one of them. Despite the good data they are suffering like all the others. So the price did not stop the bearish movement. From the chart we can see that the price is developing within the channel. The price is actually trying to go up again the first resistance zone will be close at 11.5. If the price will move above the channel we can see it reach 14.5. Don't forget that on Aug 8, Palantir has "Earnings Reports" and this could push the price higher again. We have to keep in mind that Palantir is a very good company and well known among traders. Thank you and Good Luck!Longby KlejdiCuniUpdated 141424
PLTR AnalysisPrice played out well last week as analyzed. Price is currently on a downtrend, taking sell-side liquidity. From here, I'm still expecting price to continue lower, taking the lows at 7.50 before we see a retracement to the upside. Keeping an eye on the $5.00 round number psychology mark.Shortby KeeleytwjPublished 1
PLTR upcoming new cycle W3 if BO >12, then 16 & 20 will be next.The 2020 low of PLTR is 8.90 which it broke below to make an ABC (A=C) at near 7.21 my max pain zone. Max risk is only at 7.21 but the upsides are 8.90, 16 & 20. VERY GOOD risk to reward ratio. A new Elliott wave cycle may have begun if PLTR holds the green 7.21 zone. Not trading adviceLongby xtremerider8Published 0
PLTR ShortLooking for a loss of 7.60 support, after ranging between there and 8. Shortby Davy_Dave_ChartsPublished 0
PLTR AnalysisPrice is currently on a downtrend. Similar to last week, I'm expecting price to continue lower and take the sell-side liquidity at 7.50 before we see a retracement. I'm currently waiting for the price to go lower and load up my positions.Shortby KeeleytwjPublished 7
Palantir / possible buy opportunityPalantir closed the day right at the key fib retracement level. If it holds the current level and shows some strength it could be a good buy opportunity. SL around 8.1 for a nice R:RLongby OrlikonPublished 0