PTX trade ideas
PLTR very short term bearish?hey guys how are you?
its seems to me that PLTR trading in a rising wedge on the 15 minutes interval I guess if its will break down we will go to about 15.2 / 15 anyway the SL is tight I think we should wait to see what will happen?
please let me know what you think.
NYSE:PLTR
Update: Are we still in H 'n S ?Was this a setup for a bear trap? Although I believe there is a slight AI bubble. Is that bubble done, ready to pop? Is this a coordinated effort to keep the investment money flowing to further AI for our own inevitable demise?
or...
At least until our puppet masters can blame AI for our own intentional destruction. Think of an old episode of 'Black Mirror' or 'Terminator 3.' Ah heck! Lump "War Games," "Robocop" and "I-Robot" in there too! You can just sense it, if you don't? You haven't read "Revelations."
Movie magic!
9:7
"And the shapes of the locusts were like unto horses prepared unto battle; and on their heads were as it were crowns like gold, and their faces were as the faces of men."
9:8
"And they had hair as the hair of women, and their teeth were as the teeth of lions."
9:9
"And they had breastplates, as it were breastplates of iron; and the sound of their wings was as the sound of chariots of many horses running to battle."
9:10
"And they had tails like unto scorpions, and there were stings in their tails: and their power was to hurt men five months."
PLTR (or rather our gov) uses AI in WAR in Ukraine with drones.
I know this could be an Apache helicopter as well.
How 'bout a future war machine that is a combination of both drone and helicopter> sorta like that which has already been marketed for years for beautiful panorama views?
Sleep peacefully at night knowing we're in good hands :/\
PLTR - Pullback Into the Spring ZoneGambling on the correction movement. The current price structure offers an acceptable risk/reward ratio for a quick short. The Entry Signal is the inverted hammer closing below the support line. *** Fingers Crossed ***
|-------| Stop Loss : $16.80 |-------|
|
|------- Risk per trade : $1.20 -------|
|
|-------> Entry Price : $15.60 <-------|
|
V-------| Exit Goal : $13.80 |-------|
Note: This is not a long term short on the Palantir stock but a quick trade on the price action.
PLTR: h&s still in playI run my analysis from a fundamental POV. Not taking into account only a companies profitability and ability - the overall market as well. There's a lot of downward pressure, in addition to twice as much uncertainty. Up will not be the direction as there's just not enough conviction in the overall market. I think we'll be retreating down to the support,. 16-17 being a point of heavy resistance. I'll be buying closer to the 10-12 support.
$PLTR Quarter 3 (Q3) AnalysisPLTR has been extremely bullish, and just received a $250 million contract from the US Army this week. I think PLTR has been a very bullish stock in 2023, and I believe PLTR will have a monster Q4 performance. My key price targets are $28.33 and $37. There is short-term resistance at $19.11, but I believe PLTR will break above $19 in Q4.
PLTR AnalysisPrice played out well, giving us a -9.58% move to the downside, creating more equal lows and liquidity at 13.56 before the rally last week. Price took buy-side liquidity and rejected strongly to the downside. My expectation is for price to come back to the discount, possibly take out the sell-side liquidity before continuing higher.
$PLTR - Neckline did not breakNYSE:PLTR did not break down below the neckline and reversed. If the price can break above $17, it would invalidate the Head and Shoulders pattern, and a new uptrend can emerge.
The last candle showed a shooting star, which can indicate that there might be selling pressure above $16.
The MACD (Moving Average Convergence Divergence) indicator did experience a bullish crossover on the daily chart, although it is still below the zero line.
Bullish targets:
$17 (hard resistance)
$20
$22
Risk:
$13
PLTR Short-Term Bearish Nearly every timeframe from the 5m thru the daily shows a short term pullback to around the the $15 to $14. Looking for a good entry for a PUT option. Targeting $14.50 for the first take profit.
"A Dangerous Tool" - Palantir Rally Ends w/ 6.66:1 Short A detailed look at the weekly price action history of PLTR indicates that the recent rally has come to end ... but I've been wrong before, so I welcome your tough questions and chart-based counterarguments. The strongest confluence supporting my conclusion is the simultaneous retest of the Euler Trend Exhaustion Limit and the 2nd Standard Deviation of the VWAP anchored at the Swing Low.
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception. My trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
In this case, it is the last of those, TREND EXHAUSTION, and specifically the use of Euler's number as a ratio in the Pitchfork to estimate the major inflection points in advance, that makes this chart unusual, and explains why it must be viewed in the weekly timeframe. This technique has appeared before (Bluzelle, for example) and will appear again in my ideas and videos.
Notice how price interacted with the Limit before, when it passed thru it for the first time in August of 2022 ...
The Short position is placed in the future, as I expect price to range and even retest the aforementioned AVWAP one last time before falling into the trade. If you zoom in carefully, you will notice that the Stop Loss and Profit targets are discretionary and based on dynamic levels within the AVWAP Array.
The Risk:Reward ratio is arbitrary, and 6.66 is merely a measure of my esteem for this beastly "business" and the product that it sells. As Gandalf said, "If all the Seven Stones were laid out before me now, I should shut my eyes and put my hands in my pockets."
The overlapping S-Curves indicate a price squeeze followed by a breakout, which I anticipate will be upward. If price rise to the highest potential shown, that would only improve the Short entry as opposed to negating my opinion, which is, of course, subjective.
The fact that this company and others like it (BAH, for example) are so enthusiastically traded by a sheltered public foretells of a troubled future, which I look forward to discussing in forthcoming livestreams. Again, I welcome your best questions.
Until then, be liquid !!!
. . .
movie-sounds.org
PALANTIR Held the Support but H&S looms. Trade with breakouts.Palantir is trading sideways the past 6 weeks keeping the 1D technical outlook neutral (RSI = 47.834, MACD = -0.450, ADX = 41.012). It held once again the S1 Zone and this is certainly bullish for the short term especially en route to the R1 Zone, but unless invalidated, this is the formation of the RS of the the Head and Shoulders pattern. Having crossed under the 1D MA100 last week, enhances the selling sentiment, especially as long as the 1D MA50 acts as Resistance.
Scalping is favored inside R1 and S1 but long term trades can be taken outside of this range. Under the S1 Zone, we will sell and according to the H&S we will target the 1D MA200 (TP = 12.00). Over the R1 Zone, the H&S gets negated and we will buy, aiming for the R2 level (TP = 20.00).
A somewhat similar pattern from February to May broke higher after the dashed Resistance broke following a price hold on the S1 level.
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$PLTR: Cautionary tale at 15PLTR and multiple other ARKK-like proxies such as MNDY and SNOW are also a bit weaker than I'd like to see. This gives me concern there may be pressure on growth stocks in the intermediate term here but we'll see
Palantir to break below the crucial support?Palantir Technology - 30d expiry - We look to Sell a break of 13.48 (stop at 14.88)
13.56 has been pivotal.
A move through bespoke support at 13.50 and we look for extended losses.
The lack of interest is a concern for bulls.
This stock has seen poor sales growth.
The bias is to break to the downside.
Our profit targets will be 10.08 and 9.38
Resistance: 14.60 / 15.30 / 16.35
Support: 13.56 / 12.00 / 10.50
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Buy opportunity soon After two consecutive positive earnings' reports, NYSE:PLTR skyrocketed. Now, on a technical aspect I see a retracement as there is a clear Head and Shoulders formation. On a financial stand-point, the P/E ratio of 78 is relatively high and considering the current environment, full of expensive debt.
I sold 25% of my NYSE:PLTR along the way up but missed out on $20 by a significant 30%, I will look to accumulate my 25% position back when the price retraces.
PLTR should seek support soon, cathy is pro pltr seeking 10.5million buys
cleared daily enough for me to take long on a retrace, would like liquidity targeted and swept.
Completion of Head & Shoulder Formation for Palantir?Well looks like Palantir is completing a head and shoulder formation on the chart. Based on the H&S formation, looks like there’s a price objective of $7.40.
A giant H & S for PalantirNYSE:PLTR has been one of the starts of the AI mania in the last months. The price formed a giant head & shoulders for a reversal. If NASDAQ:NDX looses the support from here, we may see a strong sell rally.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
$PLTR Palentir - 4 hour - trend matrix developmentA trend matrix, also known as a trend analysis matrix, is a tool used to analyze and visualize trends in data over time. It helps in identifying patterns, making forecasts, and making informed decisions based on historical data. Developing a trend matrix involves several steps:
A geometric trendline matrix is a visual representation of geometric trends in data over time. Geometric trends are characterized by a constant ratio of change rather than a constant amount of change, which is typical of linear trends.
The ratio degrades to a 0 point hub. Which often acts as a sort of cog to the movement of the dataflow.
This is a 4 hour chart of Palentir
Potential head and shoulders on PLTRA H&S is forming on the daily chart. The potential drop of roughly 40% would be right on the 8/8.50$ GAP area and retest of the trend line broken in may plus the 9$ support horizontal level. That are could provide a very good entry if reached.
PLTR wait for sellPalantir Technologies Inc (PLTR) stock chart, negative shoulder pattern is well formed, below the collar of this pattern is the best position to sell. Note that the pattern is not completed, the entry is wrong, wait for the price to close below the collar, i.e. 13.5, and then enter the transaction.
