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PALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INC

PALANTIR TECHNOLOGIES INC

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PLTR/USD Daily TA Neutral BearishPLTR/USD Daily neutral with a bearish bias. Recommended ratio: 45% PLTR, 55% cash. Price established a new ATL at $6.48 and is technically still testing the lower trendline of the descending channel from November 2020 ($7.88) as support. Volume remains high and favored buyers in today's session, ending a five day streak of seller dominance. Parabolic SAR flips bullish at $8.84, this is mildly bullish. RSI remains oversold and is currently trending up at 28.60 (after bouncing from 22.30) as it approaches a test of 33.59 resistance. Stochastic crossed over bullish in today's session (after bouncing from max bottom) and is currently trending up at 10; the next resistance is at 33.59. MACD remains bearish after breaking down below -0.81 support and is currently trending down at -1.34 as it approaches the ATL at -1.85. ADX is trending up at 37.50 as Price continues to fall, this is bearish. If Price is able to defend the lower trendline of the descending channel from November 2020 at $7.88 as support, the next likely target is a test of $8.52 minor resistance. However, if Price continues to fall here, then the next psychological support level is at $5. Mental Stop Loss: (two consecutive closes above) $7.88.
NYSE:PLTR
by dailytaguy
Palantir, and why the problem isn't necessarily themselves.I present for you four stocks over the last month. They are Palantir, Snowflake, Splunk, and Alteryx. I am writing this because it's en vogue the last 24 hours to pile on Palantir......and why not? Mr. Market has provides them with a first class ass whooping! But this isn't the whole story and some people aren't taking the time to step back and look at the sector at large. Very similar patterns emerge for these nearby competitors (Palantir is actually difficult to find direct competitors, in my opinion, because it's in a very unique space... for now). Anyhow, the chart speaks for itself. Can you tell the difference between them? I couldn't. My point is that Palantir doesn't deserve to be singled out or ostracized any more or less than the rest on this list during the current market environment. Yes they "missed" on earnings. So what? Does Mr. Market really seem to care right now about earnings? Last time I checked, Apple destroyed theirs. Look where it's gotten them. With that being said, I fully expect the comments to fill up with lots of: "Palantir is garbage dude I told everyone this would happen with this piece of crap company".. Or the exact polar opposite... "This is the greatest time to buy Palantir EVER! I'm taking out a mortgage on my house to buy as much as I can!". I like the company, personally, and so long as the insider selling stays at bay I think the bottom is nearing. And if you're an insider, would YOU be selling right now?! Ha! Let the great debate begin!
NYSE:PLTR
by digital_precision
8
Market Punishing Palantir Palantir $PLTR earnings came in significantly below expectations, missing by >44.5% while revenue was slightly above projection, beating estimates by nearly $3 mil (+0.66%). The market immediately reacted with PLTR losing > -27%. Risk-off environment. Unprofitable, risk-on tech-oriented speculative equities are being punished in a tightening fiscal environment. Current trend, down 84% from ATH in Jan 2021. Next fib below current price & ATH is 0.118, giving a PT of $2.87 at next earnings.
NYSE:PLTRShort
by R0MM3LL
2
Palantir ( PLTR 1D) - Bearish short term scenario Hi Fellows, This is my Idea of BEARish scenario for Palantir. From the view of TA its almost clear. But we have to wait for Earnings report to be release this tuesday 9/11/21. BTW: Im big Bull on Palantir for long term but want buy with best entry price ;) On the chart you can see strange overlaping what I think could be abc corrective wave and one more impulsive wave down (made of 5 subwaves) will come. First subwave of that impulsive wave is probably there. I will make and post also a chart of possible BULLish scenario. ;) Trade safe and enoy the ride.
NYSE:PLTRShort
by LongevityContrarian
7
Palantir - It's time to call a turd a turd.I love me some Palantir. Seriously. But it's becoming rather obvious there are far more people who disagree with me than agree with me. The charts show this clearly. As you can see on the latest bearish pattern (there are no shortage of these for PLTR, by the way) that there is a rather clear ascending triangle pattern. This is to be considered a continuation pattern, and sure enough it continued downward. I took the height of the pattern and projected it downward and arrived at about $9.13. The all time low close is very close to this around $9.03. There is almost zero reason to think that the price won't continue descending to these points. The latest earnings report had some bad mojo in some spots, but overall I was pretty pleased with it..... other than Alex Karp isn't a very good orator and is very difficult to follow. Mr. Market wasn't happy with the report. At all. Mr. Market seems to hate a LOT of things right now. Until he turns less grumpy I don't think there is any reason to go long on almost anything. Seriously. Once the macro headwinds turn into tailwinds, I fully expect PLTR to rebound strongly and outpace the indexes themselves as it returns back to $25-$28. When will this happen? No idea, but we're almost certainly going to have to wait at least another 3 months. It's the bulls turn to go into hibernation and wait for the bears to finish with their temper tantrum. If you have a very long timeline, say 5+ years, you can buy PLTR at almost any price right now and you'll come out way ahead. I think institutions are already piling into this thing, but they don't chase price - they wait for it to come to them. So as it continues to descend I expect more and more will be bought up (accumulation) as the institutions replenish their cupboards. Then there will be a "test" of the low.....as they test out market conditions. Eventually they'll control enough inventory as all of the selling pressure will have been absorbed, and there's only one way left to go. This is the classic "weak hands transferring to strong hands" scenario and the pros are very good at it. There may be a dramatic short squeeze along the way where price skyrockets irrationally, but I don't think there's any chance of that happening until we have hit $9.00 and shorts start to take profits. For the immediate/near term, assume any bullish rebounds will be sold off and flag back downward as has happened countless times now.
NYSE:PLTRShort
by digital_precision
5
PLTR - Heading To $5Continuing from previous thread but back to looking at EW and its now clear the bounce was corrective and the dominant trend appears to have returned with strength to the downside in tandem with indexes falling. For that reason I now think PLTR can be in a wave 5 as shown on the chart. Now looking at weekly chart there has been a strong rejection off the Bollinger Band basis line and currently an upper wicked bearish engulfing is printing with 2 days to go. On the daily the gap down shows team impulse is very much to the downside yet again and now the bounce looks very corrective in comparison. Its still not impossible that there could be another UT UpThrust leg up but with so much downside momentum it seems unlikely. Price will most likely push through the basis line shortly and prove the bearish trend. I've approximated wave 5 will conclude in September using the trend based Fibonacci time tool. The previous wave that I now think was a wave 3 reversed into wave 4 close to 1:1.618, and now this wave 5 I think may have a sharper trajectory that would pull price down below the trend channel and if correct will more likely see close to a 1:1 time extension that would complete in September. I've opened May and September ATM puts with delta above 0.5. This is a name I like and hopefully I can buy back my puts then sell leap puts at the lows with high IV. See you at $5. Not advice.
NYSE:PLTRShort
by dRends35
39
PLTR - Main engines, full power!Since our last analysis, Palantir NYSE:PLTR has established a strong upward movement and was able to break above the last high at 12.52$. Thus, our expectations of new lows have been downgraded and we have changed our chart to a more bullish expectation. We will continue to announce long signals whenever we see possible opportunities so stay updated and subscribe! This breakout gave us reason to believe that the big correction in Palantir could already be over, this means that we are going to build bullish structures in the future. In our last article "The End of the correction is near" which was published on Feb 14, 2022, we informed our subscribers that we have opened up long positions at the price of 12.53$. We have put the relevant elliot waves on the chart, which will be of importance in the coming weeks. It is also worth mentioning that the selling volume is almost completely exhausted on a weekly basis and the MACD is very close to a major cross . These two developments are marked on the chart below. Technical explanation of the elliot wave structure: Since the last low at $9.78, the price has made a remarkable rally and has increased almost +28% to $12.52 as part of wave (i). After that, the stock suffered a sell-off, which in turn provided the foundation for wave (ii). The share has since risen sharply again and we assume that we are in an impulsive wave (iii), the minimum target of this movement is at $14.71. After that, a short correction will take place within the wave (iv) and after this we will enter wave (v) towards 1$6. Investors who are familiar with elliot waves know that after this impulse another large 1-2 setup will follow. This means that the price will suffer a correction again which will lead us back to the region of $13-$12, this again sets the foundation for long-term increases. More precise price targets for wave 2 can only be named in the coming weeks. There is a slight risk that we could break below the last support at $10.28. This support is very important for maintaining the upwards movement, if we should break below this support, we could suffer another correction which would lead Palantir back to prices under $9. This scenario however is unlikely, and we would inform subscribers about possible changes in our expectations. We will of course inform our subscribers about this correction and possible LONG entries. Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss. Long #1 AVERAGE EXECUTION PRICE: $13.53 STOP-LOSS: NONE LONGTERM-TARGET: +$80 Disclaimer: According to legal regulations, Mendenmein-Capital is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk. Mendenmein-Capital cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence. =============================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.
NYSE:PLTRLong
by Mendenmein-Capital
3
PLTR looks primed for higher pricesNYSE:PLTR the price of PLTR has been declining for quite sometime now. trading at a significant discount. if you liked this stock at 25 then you will love it under 11 we have a type two return (double bottom) on the daily timeframe while showing strong hidden bullish divergence. trading in a deep value you area here i could see reversal coming soon. price targets for his asset are 14.90, 17, and eventually 21 let me know what you guys think in the comments! happy trading mindset matters
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NYSE:PLTRLong
by MindsetTrad3r
107
PLTR- BREAKOUT OR GOOD BUY OPPORTUNITYPalantir Technologies is scheduled to announce Q1 earnings results on Monday, May 9th, before the market open. The consensus EPS is $0.04 and the Revenue Estimate is $443.51M. On the chart, we see a breakout of the support level, but the earnings report will give us a confirmation of whether the breakout is real or fake. Worse than expected results will push PLTR to dive even deeper into the red zone and new lows below $9 will be displayed on the chart. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:PLTR
by legacyFXofficial
PLTR: Palantir Technologies, Make or Break, Earnings is MondayGreeting traders and Investors. The price chart of Palantir technologies is a typical example of bubble and bust. Back in October of 2020, the stock begin a slow and steady five wave rally that from it low of $8.90 up to $45.00 lasting a period of 16 weeks. Since then, we have seen a devastating decline that has spanned a period of 66 weeks. This correction ultimately took the shape of a three wave decline. At this juncture it is important that we take a look at the rules of the wave principle which states that wave two cannot retrace more than 100% of wave one. If we stay above our critical support of $8.90, we should expect to begin to see some upward moves. If for any reason we traded below this key level, the hope for an upside potential will be dashed away momentarily. It is worth mentioning that earnings is Monday so I employ you to keep a close eye on the price chart. Don't forget to leave a like and let me know of your thoughts in the comment section. Happy Sunday.
NYSE:PLTR
by maonimisi
1
PLTR/USD Daily TA Neutral BearishPLTR/USD Daily neutral with a bearish bias. Recommended ratio: 45% PLTR, 55% cash. Price is currently at $10.74 and still technically testing the uptrend line from 02/24/22 ($11.71); the largest value zone in its short history (company listed on NYSE 09/30/20) is between $10.84-$13.15. Volume remains relatively moderate and fairly balanced between buyers and sellers, indicating Price is in a period of consolidation. Parabolic SAR flips bullish at $11.78, this is mildly bullish in the short term. RSI is currently trending up at 38.25 after bouncing off of the uptrend line from 01/27/22; the next resistance is at 46.81. Stochastic remains bullish and is currently trending up at 19.84 after bouncing from 8 support, the next resistance is at 30.65; this is bullish. MACD remains bearish and is currently trending down at -0.56 with premature signs of forming a trough; the next support is at -0.81. ADX is currently trending up at 24 as Price is trending down after a rejection at the 50 MA (which happens to coincide with the Point of Control of the VP at $11.84). If Price is able to recapture the uptrend line from 02/24/22 at $11.71 and flip $12.25 minor resistance to support, then it will likely retest $14.59 minor resistance before retesting the upper trendline of the channel from January 2021 at $17-$18. However, if Price breaks down below the descending trendline from 01/24/22 at $10.10, then it will likely test the ATL at $8.97 and potentially lower to retest the descending trendline from November 2020 at $8. Mental Stop Loss: (two consecutive closes above) $11.84.
NYSE:PLTR
by dailytaguy
We haven't found the gold in PLTR! NYSE:PLTR Waiting, waiting, waiting... News: Nothing new, just waiting for earnings; not that it matters; it has failed all previous earnings. Charts: EMA ( Exponential Moving Average ): Well, like every other stock, the price is hanging out below the 20/50/100/200 EMA and are all pointing downwards! And yes, Nov. 19th death cross is still in action. TTM Squeeze: Hmm... have we found the bottom? A double bottom will be nice at this point but tomorrow's interest rate hike will decide. Fib Levels: The price is bouncing off of the 1 fib and holding a major support. Candle Stick: Piercing or bullish engulfing pattern. Fingers crossed, we might just be at the end of this downtrend. RSI: Didn't touch 30 but bouncing off of 32/34 range is not a bad idea. especially if TTM squeeze is stabilizing and candles are looking positive. Pattern: Bullish rectangle and crossing fingers for a double pattern. History: See related idea before.
NYSE:PLTRLong
by STAKKNATION
1