PTX trade ideas
pltr to 4-5 levls
Palantir Technologies Inc., which belongs to the Zacks Technology Services industry, posted revenues of $477.88 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of $392.15 million. The company has topped consensus revenue estimates four times over the last four quarters
On the same hand (PLTR) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.01, delivering a surprise of -133.33%.
PLTR AnalysisPrice did not manage to hit the bearish POI at 10.10 before breaking market structure to the downside. From here, I'm expecting price to head lower with PLTR earnings today, potentially missing the earnings estimates.
PLTR: Company gains momentum, Price loses itLots of amazing headways for Palantir itself. Lots of opportunities being seized during these tumultuous times.
That said, I believe the macro headwinds have other plans for the price of the stock.
I find it quite interesting how inverse the price to company is.
I can't wait to buy under $5.
PLTR AnalysisPrice played out exactly as analyzed previously. Right now, I'm expecting price to follow the order flow and go higher mitigating the bearish POI at 10.10 before going lower.
PLTR AnalysisPrice consolidated at this area since my last analysis. No changes to my expectations. I'm expecting the price to react to this bullish POI and target the highs at 8.61.
Buy & Hold PalantirNYSE:PLTR
*This is a long term investment idea*
It's not a bad idea to start buying (& holding) Palantir down here.
With all the geopolitical tension in the world at the moment, the demand for their services should keep growing for the foreseeable future.
They have a stable stream of revenue from government contracts, along with a growing commercial business that should bolster their revenues.
Hence, their ever growing quarterly revenue numbers. (Screenshot below)
Technically speaking; momentum has been building bullish divergence for quite some time now.
At the moment, price is within the bottom range of the arcs, and has exited the yellow pitchfork without reaching it's median line. (Hagopian Gap)
I'm thinking that price should start climbing soon.
In the long term, I think price will eventually get back to the all time highs at $45.
Over the next few years, I'm thinking that a retracement to the 0.50 or 0.618 Fibonacci levels is likely. ($25 - $30)
I'm adding some PLTR to my retirement account this week.
I also plan to purchase some LEAPS in my trading account in three stages.
Positive Momentum Breakout
Weekly close above "Long-Confirmation A"
Weekly close above "Long-Confirmation B"
Fat_Fat
Pltr (palantir) Basic rule in investing ( every lower low gives /makes higher high )
Now we are below 10$ which is the low of the stock .
Stock have been demonstrating in AI and the government contracts are massive .
Not only that the stock have a cash can make it survive and upgrade during rescission .
I think DCA is great but this stock is for long term 5-10 years .
GOOD LUCK
PLTR AnalysisPrice playing out as analyzed last week. Price is currently mitigating this bullish POI. My expectations are unchanged. The potential target for this reaction is to take out the equal highs at 8.61.
PLTR:. Bullish divergence and hidden divergenceNoticing some bullish signs and respecting support and resistance... Looks like upward movement for earnings.
Afterwards of course is uncertain. There is good reason to be optimistic about earnings in any other state of our economy. That said, should the price movement remain bullish I imagine my conviction will go unchanged.
PLTR AnalysisPrice played out as analyzed last week. My expectations are unchanged as I expect the price to bounce off this bullish POI at 7.92 with the potential target of the equal highs at 8.61.
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 target
$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.
#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!❤️
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.
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.
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
PALANTIR - Short RallyEverything is showing signs of short rally today. Palantir is definitely one to do some scalping today.
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.
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.
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.
$PLTR So much volume here - We may see higher prices$PLTR is looking very bullish at least in the short term. There is a bullish reversal candle confirmed in the daily chart.
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.
