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PALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INC

PALANTIR TECHNOLOGIES INC

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11/11/24 - $pltr - FAFO >$60- i'll probably get some hate for this one, also idc - largest short i've ever had in the book. $1mm. good luck to the longs. - price and momentum are in your favor. i'll give u that. - i'll call BS with a ton of skin in the game. - 40x sales? grows sales 20-25%? margins sub tier software? your gawd alex taking advantage of the meme and dropping 1/3 of his bags. - look there's a difference between a company and a stock. awesome company. but the valuation is 100% past the point of no return. - i'm wrong a lot. but this one looks like a nice setup to hedge my btc and nxt mega positions. :) V
NYSE:PLTRShort
by VROCKSTAR
11
PLTR on the Move: Key Levels & Setup for Scalping and SwingTrading Plan and Technical Analysis for PLTR Overview Palantir Technologies (PLTR) has been displaying a strong uptrend, with price action respecting an upward channel. However, recent sessions have seen some volatility, creating both scalping and swing trade opportunities. Here’s a comprehensive breakdown of the setup, including supply and demand zones, order blocks, and key support/resistance levels to watch. Key Levels Support Zones: $61.00: Immediate support that PLTR has recently bounced off. If it holds, this level could act as a base for short-term bullish momentum. $57.13: Major support level to watch if the $61 level fails. This has previously seen significant buying pressure. Resistance Zones: $63.39: This is the first significant resistance level. A break and hold above this could lead to more upside. $66.00: A key resistance near the top of the channel. This level would be a major target for swing traders. Price Action & Supply/Demand Zones Demand Zone: The region between $59 and $61 has shown consistent buying interest and aligns with previous demand levels. If the price retraces here, it could provide a solid entry for scalping or even a potential swing entry if it shows strong support. Supply Zone: The area around $63 to $65 has seen sellers stepping in. If PLTR rallies into this zone, watch for possible rejection unless it breaks out with strong volume. Order Blocks & Market Structure Bullish Order Block: Around $59, we can see a strong area of support where buyers previously stepped in. Any pullback into this level could present a buying opportunity if we see buying volume return. Bearish Order Block: Near $63.39, where sellers have taken control before. A break above this could signal a continuation of the bullish trend, but any struggle here might indicate another pullback. Entry & Exit Suggestions Scalping Entry: Look for entries around $61.00, especially if price action confirms support here with a bounce. Target quick exits at $63 with a tight stop below $60.50. Swing Trade Entry: Consider entering near $61 with a target toward $66 if the overall trend remains bullish. Set a stop loss below $59 to manage risk. Directional Outlook Bullish Scenario: If PLTR holds above $61 and breaks through $63.39 with strong volume, it’s likely we’ll see a move toward the $66 level. This would make a solid case for a swing trade. Bearish Scenario: A breakdown below $61 could lead to further downside, targeting the $57.13 support zone. This would be a short opportunity, but I’d wait for a clear break and close below $61 to confirm bearish momentum. Thoughts and Suggestions For scalpers, watch the $61 support level closely, as it has shown to be a pivot point in recent sessions. Swing traders should keep an eye on $63.39 as a breakout level. Volume confirmation at these key levels will be essential for determining the strength of any moves. Overall, PLTR is respecting the channel well, but it’s important to be cautious if we see signs of rejection near resistance zones. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a financial advisor before making trading decisions.
NYSE:PLTR
by BullBear-Insights
17
Palantir looks like a classic Bubble in the MAKINGNow I don't like picking tops and bottoms, so that's why I have chosen Neutral for this. However, the market is driven by more greed and potentially soon Fear than usual. ANy market that climbs beyond 60 degree inclination, should indiate potential warnings of a major crash to come. That's because, it gets to the points where the NAV is far below the actual price. And what drove the market is perception of the people, which is fickle. So we can watch and see how it plays out - But no way would I buy with a market that looks like this.
NYSE:PLTR
by Timonrosso
2
PLTR: Rising Channel with Key Resistance at $62 – Will It Hold? 📌 Overview Palantir Technologies Inc. (PLTR) is currently trading within a rising channel on the 1-hour chart, with price oscillating between the channel's support and resistance lines. The 9 EMA and 21 EMA are providing guidance on short-term momentum, while volume analysis suggests possible consolidation before a decisive move. Let’s examine the critical levels, indicators, and potential trade scenarios. 📊 Current Trend on the 1-Hour Chart The 1-hour chart shows a clear upward channel, with PLTR making higher highs and higher lows. The price is moving along the channel’s support and resistance, indicating a strong uptrend within this pattern. However, current price action appears to be consolidating near the middle of the channel, which could either signal a continuation higher or a potential pullback. 📉 Key Levels Resistance Levels: $62.08: This is the recent high and a significant resistance level. A breakout above this level with strong volume could confirm further upside within the channel. $59.78 - $59.73: The current ask and bid prices are near this level, marking minor resistance. Clearing this zone is essential for PLTR to retest the higher boundary of the channel. Support Levels: $57.13: This support level aligns with previous lows and could act as a short-term floor if PLTR pulls back. Lower Channel Trendline: The lower boundary of the rising channel acts as dynamic support. A break below this trendline would indicate a potential reversal of the current uptrend. 🔄 Indicators 9 EMA and 21 EMA: The 9 EMA is currently above the 21 EMA, which supports the bullish trend. However, the two EMAs are close to each other, indicating possible consolidation. If the 9 EMA crosses below the 21 EMA, it would signal short-term bearish momentum, suggesting that the price may test lower support levels. MACD: The MACD is relatively flat, indicating a lack of strong momentum. This suggests that the stock might be consolidating and could see a breakout or breakdown depending on the next volume push. Volume: Volume has been declining, a common pattern before a significant move. Watch for a volume spike to confirm any breakout above resistance or breakdown below support. 🛠 Trade Setup Bullish Scenario: A breakout above $62.08, accompanied by increased volume, would confirm bullish continuation within the channel. In this scenario, a possible target could be the upper boundary of the channel, with additional upside depending on market momentum. Bearish Scenario: A breakdown below $57.13, or a close below the lower channel trendline, would indicate a bearish reversal. In this case, targets would include the $55 area or lower, depending on the selling pressure. ⚠️ Risk Management Stop-Loss: For bullish trades, consider a stop-loss just below the lower trendline or $57.13. For bearish trades, set a stop-loss above $59.78 to limit losses if PLTR reclaims the channel. Position Sizing: Ensure proper position sizing according to risk tolerance, as channel breakdowns or breakouts can lead to accelerated moves. 📚 Key Takeaways PLTR is in an upward channel, currently consolidating near the middle. The 9 EMA and 21 EMA indicate a bullish bias, but potential consolidation could shift momentum. Watch for volume and price action around $62.08 for confirmation of bullish continuation or a break below $57.13 for bearish potential. 💬 Conclusion PLTR is in a strong upward channel but currently consolidating near the middle of this range. The next move will likely be driven by volume and momentum signals. Traders should monitor the upper and lower levels for potential breakout or breakdown setups. Disclaimer: This analysis is intended for educational purposes and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making trading decisions.
NYSE:PLTR
by BullBear-Insights
6
PLTR's Breakout Rally: Scalping & Swing Setup for Nov. 11, 24Palantir (PLTR) has shown a powerful breakout rally, climbing steadily within an upward trend channel on the 1-hour chart. The price action remains bullish, supported by strong volume. However, the stock is nearing the upper boundary of the trend channel, suggesting a potential pause or pullback before continuation. Price Action Analysis: Trend Channel: PLTR is trending upward within a defined channel. The stock is currently approaching the upper trendline near the $59-$60 area, a potential resistance zone. Watch for a pullback to the mid-channel line around $57-$58, where the 21 EMA provides dynamic support. Support and Resistance Levels: Immediate Resistance: $58.88-$60 is the upper trendline resistance. A breakout above could lead to a rapid move toward the next psychological level of $62.50. Immediate Support: $57-$55 aligns with the mid-channel and EMA support, offering a good area for scalping bounce entries. Key Level Below: $53.52 is a strong support area to watch for potential dip-buying if the trend breaks down. Volume and MACD Analysis: Volume shows healthy buying interest, but keep an eye out for any volume decline on a move higher, which may indicate weakening momentum. The MACD histogram shows a slight bearish divergence, suggesting a possible consolidation or minor pullback before the next leg up. Scalping Opportunities: Long Scalp Entry: Consider entering long near $57 with a tight stop below $56, aiming for a quick push back to $59-$60 resistance. Short Scalp Entry: If it struggles at $59-$60, a short scalp targeting the $57 support level could offer a quick profit. Swing Trade Ideas: A strong breakout and close above $60 could signal a swing trade toward the $62.50 target. A breakdown below $55 could open the door for a swing trade to the downside, targeting the $53.52 support level. Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own due diligence before making trading decisions.
NYSE:PLTR
by BullBear-Insights
2
Palantir to plunge 40% ??In seven days from now Palantir will publish their not so hot earnings report. How can I know this? The chart. On the above 6 day chart price action has rallied a massive 600% in 24 months. A number of reasons now exist to be short. They include: 1) Support and resistance. Both price action and RSI are at resistance. 2) Price action support has failed. See daily chart below. 3) The Bollinger Band (red arrows). Explosive moves in price action eventually reach exhaustion. This is first indicated by the Bollinger band as the mouth curls inwards. This is a strong indication of a trend reversal. 4) The 40% correction is derived from past resistance, which has never confirmed as support. It is also a significant Fibonacci level. Is it possible price action breaks resistance and continues to climb? Sure. Is it probable? No Ww Trend breakout on daily
NYSE:PLTRShort
by without_worries
21
PALANTIR ON AN INCREDIBLE BULLRUN ! BUT... But be careful—this does not justify the price at all. Although Palantir has very solid numbers in its balance sheet, this does not justify a valuation at such an overvalued price could be very dangerous ! We must consider that markets in general are bullish, and the results of the latest report recently showed that it remains a very solid company in terms of sales. However, its earnings numbers are average—they meet analysts’ expectations, but by a very narrow margin. Historically, this has been the case in past reports as well. Now, let’s get back to the technical analysis of Palantir. After its report, it managed to break through that institutional zone that marked its peak 3 years ago (2021). After bouncing off the imbalance for a second time, Palantir showed a lot of strength and reached new highs. From here on, we just need to wait for a pullback soon to start analyzing a possible support level. Right now, Palantir is in no man’s land, which makes it a bit difficult to predict its next move. The only thing we can do here is to follow its movement candle by candle, staying alert to wicks and immediate zones where it might pull back. Thank you for supporting my analysis. TRADE SAFE!"
NYSE:PLTRLong
by RocketMike111
PLTR Eyeing Further Upside with CautionPalantir Technologies (PLTR) is consolidating after a strong uptrend within a rising channel on the hourly chart. Here's a detailed technical breakdown for scalpers and swing traders: Support Levels: Immediate support sits around $58.17. A break below could indicate a pullback to the next major support at $56.47. Stronger support lies at $53.54 – a level to watch for any deeper retracement. Resistance Levels: $62.08 is a key resistance level. A breakout above this zone with strong volume could propel PLTR higher, potentially testing $65 as the next target. Moving Averages: The stock is trading above both the 15 EMA and the 161 EMA, indicating a bullish momentum. If PLTR remains above these moving averages, it suggests sustained upward pressure. Volume Analysis: Volume is trending down slightly during this consolidation, which may indicate a potential pullback before a continuation. Watch for a volume spike to confirm any breakout or breakdown. Scalping Setup: For intraday trades, a break above $62 on high volume could offer a quick entry, targeting the upper channel line or the next resistance. If PLTR pulls back to $58 and bounces, it could provide another short-term entry for a ride back to resistance. Swing Setup: For swing traders, waiting for a break above $62 could set up a position targeting $65 and potentially beyond if momentum holds. Conversely, if PLTR breaks below $56, consider reducing exposure as it may signal a larger correction. Disclaimer: This analysis is for informational purposes only and not financial advice. Always conduct your own research before trading.
NYSE:PLTR
by BullBear-Insights
Wen Crash? Whales PukingThis whole move up has been an epic short squeeze. You have to respect the price action and uptrend, extremely powerful and many traders have been burnt, myself included. I still remain interested in a short so I am watching this on the 5-15 minute time frame. So where is all the buying pressure coming from? Definitely not from the insiders, whales have been puking this thing out for weeks now and this euphoric rally is reaching a climax. We do have a rising wedge and I would not be surprised to see a sharp fall, but wait for confirmation if you plan to go short. We need a change in market structure. Don’t fomo into a short position, respect the trend and inch into your short when it’s time. Not financial advice.
NYSE:PLTRShort
by NoFOMO_
20
PLTR: Holding Above its Critical Support Line!Daily Chart (Left) Pullback Signal: There’s a potential pullback signal on the daily chart, indicated by the yestterday's bearish candle, and PLTR is trying to lose its low today. This could suggest that the price may retrace to lower levels before resuming its trend, however, it needs to lose its key short-term support level first, which we'll talk about soon. Fibonacci Retracement Levels: The chart includes Fibonacci levels, with 38.2%, 50%, and 61.8% retracement lines drawn as potential support zones for the pullback. These levels are likely areas where buyers may step in if the stock pulls back further. EMA Support: The 21-day EMA is positioned below the current price, acting as dynamic support. The stock remains above this EMA, indicating a bullish trend, although a pullback to the EMA could be possible. Hourly Chart (Right) Short-Term Support at $58.57: The hourly chart shows $58.57 as a significant short-term support level. Holding above this level is crucial for the stock to maintain its upward momentum in the short term. If PLTR loses it, then it'll possibly trigger a mid-term correction to its support levels described on the daily chart. Trading Implications: PLTR is experiencing a potential pullback after a strong rally. The $58.57 level on the hourly chart is a critical support to watch. If PLTR fails to hold above it, then the retraments will be our next stop, and then we'll see if PLTR will be a buy again or not. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NYSE:PLTR
by Nathan_The_Finance_Hydra
PLTR on the Rise: Key Levels to Watch for Nov. 14, 2024Palantir Technologies Inc. (PLTR) has been trending upward, but it’s approaching critical levels that could determine the next move. Here’s a deep dive into the price action, supply and demand zones, order blocks, and trade opportunities for scalping and swing positions. Market Structure Overview: PLTR has been on a steady uptrend, currently trading within a rising channel. The stock is approaching resistance levels, and momentum could either drive it to new highs or lead to a pullback if buyers show exhaustion. Key Zones: Demand Zone (Support): $60.00 - $61.00 This zone has consistently attracted buyers, providing support within the channel. If PLTR revisits this area and holds, it could be an ideal entry for long scalps or even swing trades. Supply Zone (Resistance): $63.35 - $63.39 This range is the immediate overhead resistance, representing a psychological level that may test the strength of the current uptrend. A break above this range could signal bullish continuation, while rejection could lead to a short-term pullback. Order Block Insight: PLTR has formed an order block around the $62.00 level, which has served as a battleground in recent sessions. This area represents potential institutional interest, and reactions here may provide clarity on short-term direction. Support & Resistance with Entry, Exit, and Stop Suggestions: Immediate Support: $61.00 Long Entry: Look for entries near $61.00 on signs of a bounce, targeting exits around $62.50 and $63.00. Stop-Loss: Below $60.50 to manage risk if PLTR breaks lower. Immediate Resistance: $63.00 Short Entry: Near $63.00 if there’s rejection, with targets at $62.00 and $61.00. Stop-Loss: Above $63.50 to protect against a breakout. Swing Trade Setup: Swing Long: Above $63.39, with targets at $64.50 and $65.50 if momentum continues. Stop-Loss: Below $62.50 to reduce downside risk. Swing Short: Below $60.00, aiming for $58.00 as the next support level. Stop-Loss: Above $61.00 to control risk if PLTR reverses. Price Action Insights: PLTR’s price action indicates bullish momentum within the rising channel, but it’s nearing a critical resistance around $63. The MACD shows a mild bullish momentum, which aligns with the potential for an upward push if buyers remain committed. A failure to break $63, however, might lead to consolidation or a slight pullback. Indicator Analysis (9 EMA & 21 EMA): PLTR is currently trading above both the 9 EMA and 21 EMA, supporting the bullish outlook. If it stays above these EMAs, the uptrend should remain intact. A bearish cross or loss of these levels could prompt a short-term reversal. Scalping & Swing Outlook: Scalping: Look for quick long entries near $61.00 for bounces toward $62.50, or short entries around $63.00 if there’s resistance. Swing: The key breakout level is $63.39. A strong push above could lead to extended gains. Conversely, a drop below $60.00 could signal a retracement to lower support levels. Directional Thoughts & Suggestions: Given PLTR’s current structure, it appears poised for a bullish continuation, especially if it can clear the $63 resistance. My suggestion would be to monitor reactions around $63.39 closely. If it fails to break, expect some consolidation within the channel or even a test of lower support. A breakout above $63.39 would favor longs targeting new highs within the channel. Conclusion: PLTR is at a decisive point, with clear levels for both bullish and bearish plays. Patience for confirmed moves and disciplined stops are essential here. The setup offers potential in both directions, so stay alert to reactions at key zones. Disclaimer: This analysis is for educational purposes only and not financial advice. Please conduct your own research and consult with a financial advisor. Trading involves risks, and past performance does not guarantee future results.
NYSE:PLTR
by BullBear-Insights
2
Palantir, expecting retracementPalantir uptrend move from June 2024 so far has been incredible. But I think enough is enough! Palantir broke out of its "cup and handle" pattern in mid June and already hit its target at about 50$ per share. The stock price is currently standing at 58$ per share, which is surpassing its cup and handle target and even 4.76 Fibbonaci extension level. I believe we will see a retracement to around 50$ per share soon. We also see that the when RSI indicator is at these elevated levels, there is usually a retracement or sideways price action.
NYSE:PLTR
by Mo_reza_kaz
PALANTIR: Extremely overbought. High probability sell to $40.Palantir is vastly overbought on its 1D technical outlook (RSI = 79.771, MACD = 3.330, ADX = 33.075), even the 1W RSI is on extreme levels (80.789) and that alone would be a good enough reason to sell. The picture gets even clearer on the 1W timeframe where the price has almost reached the top of the 2 year Channel Up, having completed a +241.84% rise from the January 2nd 2024 bottom and almost +172.53% rise from the August 5th bottom. Those are the symmetrical rally levels from the December 27th 2022 and May 1st 2023 Lows respectively. The result on that HH rejection was a test of the 0.382 Fibonacci level. That is our target (TP = 40.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:PLTRShort
by InvestingScope
PLTR pullback to $44MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price above channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM spiked positive Price at/near Fibonacci level In at $54 Target is $44 or channel top bottom Stop loss is $56
NYSE:PLTRShort
by chancethepug
4
PLTR - Short Rocket ShipsEarnings gap up and fanboys are cheering. But this looks like its got a good chance to be an Exhaustion gap. And now another smaller gap up and currently it sits just above the 1.786 overshoot ratio. And also above ATH resistance. There will be a lot of liquidity up here. It makes it ripe for a reversal. So i've entered a short position here. This is also in consideration that S&P has hit a critical long term fib (client only). Its obviously dangerous to short rocket ships but there is plenty technical to suggest a reversal is due and we have certainly reached "Euphoria." I laid out more technicals in the previous idea, so i've linked that below. Not advice
NYSE:PLTRShort
by dRends35
1
Palantir Bullish Long-Term PlayPalantir shares rose to a yearly high near $33 in the evening trading session on Friday, September 6, after announcement Palantir joins the S&P 500 index. Palantir was one of the strongest contenders for inclusion in the broad market S&P500 index. This inclusion, as well as Dell (DELL), comes after tech companies Super Micro (SMCI) and Crowdstrike (CRWD) also joined the index earlier this year. Technical 1-month graph indicates on Reversed Head-and-Shoulders structure in development. Potentially it can bring Palantir stocks, up to $100 per share over the next several years.
NYSE:PLTR
by Pandorra
Ove $45, We Going Long to $70NYSE:PLTR Palantir has proven they are the clear leader in enterprise AI. This company has a massive runway. 30% year-over-year growth, 38% margin, Rule of 40 score of 68. Think $NASDAQ:NVDA. Our entries are stacked down at $7-$10. However, there is a bullish trade here above $45 to trade to our next long-term target of $70. To play it safe, we will be taking some profit mid-$60s while holding the majority of our position long-term. We expect this to be a $10 trillion dollar company.
NYSE:PLTRLong
by PennyBois
10
Clear Winner in Enterprise AI | Over $45, We're Long to $70NYSE:PLTR Palantir has proven they are the clear leader in enterprise AI. This company has a massive runway. 30% year-over-year growth, 38% margin, Rule of 40 score of 68. Think $NASDAQ:NVDA. Our entries are stacked down at $7-$10. However, there is a bullish trade here above $45 to trade to our next long-term target of $70. To play it safe, we will be taking some profit mid-$60s while holding the majority of our position long-term. We expect this to be a $10 trillion dollar company.
NYSE:PLTRLong
by PennyBois
Short on PalantirPalantir's stock is facing several risks that could justify a short position. Its overvaluation is evident, trading at a P/E ratio of around 247 after a 150% surge in 2024, implying that future growth is heavily priced in; if the company doesn't meet these expectations, a sharp correction could occur​. Insider selling over the past 90 days has raised doubts about confidence in Palantir’s future, despite some sales being pre-planned. The stock's gains are tied closely to the AI boom, but there's skepticism over whether Palantir's contracts can maintain momentum, leading to concerns that AI hype may not translate into sustainable growth​. Analysts give the stock a "Reduce" rating with a consensus target suggesting a 33% downside, highlighting the potential risk of a pullback​. Furthermore, the stock appears technically overbought, increasing the likelihood of profit-taking and a subsequent decline​. Also, it is posible that Palantir is done with the fifth and the last Elliott Wave, and ABC corrective wave are incoming, hence entering a short position (Put) at price $42.00, first target price $32.0 at the 0.5 Fibonacci retracement line, and the second target price 0.382 Fib retracement line $24.0. A less than perfect earning will help us to get there.
NYSE:PLTRShort
by AZ_Cap
$PLTR Potential Movement (11/11/24)What a week for $PLTR! There’s a new heavyweight in the game, and they’re here to stay. With no clear resistance in sight, let’s turn our focus to the key support zones: We’ve got a higher high and break of structure at $58.28, the closest to the current price, followed by another at $56.24, and a higher low at $53.91. Keep these levels on your radar—any bounce here could fuel another strong run! As always, stay disciplined and lock in those profits! David Diz-Plin Trading
NYSE:PLTR
by DizPlin
1