Palantir Playing Playing Wave 5In this update we review the recent price action in Palantir and identify the next high probability trading opportunity and price objective to target
PLTR trade ideas
Earnings watch 2/17 pre-marketEarnings watch 2/17 pre-market:
PLTR
WMT
FVRR
MGY
YETI
AN
TSEM
EPAM
AAWW
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*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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PLTR Short like clockworkPLTR Short. they still won't be profitable and in this current market any miss will give it a 20% haircut. even if its positive it could come out with the same scenario as google. I'm short lets see
PLTR bouncing on the 12 dollar institutional supportPLTR bouncing on the 12 dollar institutional support. Seems to be a good buy at 12
Long PLTREveryone on wall street hates growth stocks. But not me.
A break above $14 is very possible and that will send it so much higher. Good earnings and a market turn around will make $20 very possible.
Don't sleep on PLTR.
Long PLTRPltr is within range for a long term investment opportunity. Stop loss is at 8 USD. So think before you start a position.
ABOUT PLTR AnlysisPLTR is making a bear pennant and I am not liking this chart at a moment. however breaking down of 12.95 can easily see around $11 zone. But for Bullish I want it to break above 14.51. Other than I am in cash
PALANTIR Fibonacci Simulation of FractalPrice/Time Fibs provide coverage of all scenarios driven by fundamental factors based on fractal.
These include targets, support/resistance levels and market reversals for short-term as well as for long-term outlook.
To perceive this chart simpler just expect reaction with opposite effect to the impulsive/corrective movement of price.
I'd put my bets on intersections because as we know fluctuations are governed by rule of golden ratio.
One of the three fibonacci channels with the steepest incline immitates fractal essence of time.
PLTR set up breaking out of wedge / And down trend PLTR is set up for a break of trend here as per my chart .Key level would be 14.52 , should we break there i see a clear path to 18 . PLTR earnings is on the 17th Assuming that they come in line we should be good to go in my humble opinion. i do have a position in this for disclosure purposes PLTR
CAN DCA PALANTIR HEREC.I.A. STONK
Deep value
Will outdo FANGT going forwards
Possible it drops to around 10 bucks tho
Maybe even 5
Not in yet but plan to be
GRI 2022
PLTR - Palantir: Sentiment continues to be bearishUsing a blended candle approach, one can see that the bearish sentiment for PLTR is still bearish. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action continues to be bearish (red candles). A good entry for a quick trade would be when the momentum turns "weak bearish" or "weak bullish".
Palantir SCHEME VI LOGFib sequence (horizontal dotted levels) is tuned to the fractals configuration.
Fib Channels imitate market tendency to a UP/DOWN trend based on critical levels of fractal's coordinates.
Two tools are essential to decode even a basic potential of a pattern.
Basically, when formations are coincided to Golden Ratio, it projects the chances of reversal at any given point of a price.
To justify such statements above, I'd refer to this graph below:
Only this time two coordinates of fib channel (downward) are changed to cover a newer market data.
PLTR long Been a big PLTR bull positioning short in it since the 23 - 26 range.
I think we might ultimately see this a bit lower but now (For the first time a very long time) the RR stacks up nice on the bull side of this now. Long PLTR.
PLTR: H&S and Bear FlagJust a little tech analysis on the short term 4H here before next week.
Not trading advice.
Palantir almost ready for a huge Rally.Looking at the Palantir charts and at the performance of the stock during the lockdown and during jabseason.
i can see that it has a huge impact on the price.
price bounced back reaching a strong Demand area which will push the price.
down trendi would not trade this ticker untill earning result.
it is like gambling to bet against the trend.
if it break the trend line and close above 15 i would buy it in term of trend change. otherwise down trend is sentiment. and u would not buy in down trend.
Palantir Pullback VisualizedChances of upcoming intensive pullback are high.
Dynamics since the beginning of the year: -22%
Current level compared to all-time high: -68.4%
Since the beginning of the year, Palantir shares have fallen 22% in the face of a sharp revaluation of tech stocks.
The paper ended yesterday's session at $14.20, about 68% below the all-time high of $45.00 recorded in January 2021. Based on the current value of the shares, the company's market capitalization reaches $28.4 billion.The strong decline in Palantir's stock, which saw the company's market capitalization shrink by two-thirds, seems to us to have created a buying opportunity given the positive outlook for higher revenue growth driven by increased demand for data analytics software.
Palantir's average target price is around $24, which means upside potential of 66% from current levels over the next 12 months.
$PLTR - BEARISH F FLAG SETUPRSI now in overbought territory with a bearish F flag setup. Short at the break of flag.
PLTR: One more drop before earnings?Should the price be incapable of breaking shoulder resistance and the RSI unable to show momentum, we may break down to original IPO prices. I'm buying now and if more if this occurs.
Timeline for this price movement can occur sometime next week. Allowing time to consolidate prior to earnings on the 17th.
The market has been responding well to big tech earnings. Meaning focus can be shifting away from macro economic fears.
If we have an exciting and successful earnings, this can be the catalyst for a trend reversal.
My opinion and not advice.
Risk 1:1, Potential triple bottomDownsides:
After-hours trading which is riskier than normal trades.
Potential pullback to 12 which makes this setup more risky
Upsides:
Market is being pulled up through AMZN's cloud computing businesses which is a sub-factor of PLTR business direction.
Triple bottom if it dips to 11.9-12.3 range (signifying buying strength).
PLTR ready for another ride? i hope this wild company gets a second shot in the bullmarket cuz they are chaning the world
