PLTR rally into earnings ? I wouldn't be surprised ;)looks like we will see our 3rd bounce off this strong support zone, the longs still hold control !
Targeting 12.16-14.22-16.78
PTX trade ideas
PLTR: Overall Market TrendThe US market is preparing for further correction it would seem. There's just not enough people buying - let alone trading volume in general.
This may look like a "double bottom" prior to earnings. But technically, on the weekly, we have already crossed down on the RSI and the MACD looks as though it will follow suit next week (perhaps after earnings)
Fundamentally, there's weakness in the overall market PLUS Palantir's earnings calls are lackluster at best. In this bear market there likely won't be anything too exciting - particularly for those that don't understand Palantir's business or their revolutionary software.
I see more buying opportunities short term for myself as a long term investor, as I believe we'll see further movement downward. Maybe even an emotionally driven breakout downward.
Please let me know your thoughts and what you think will over by the end of this year.
Palantir Technologies Inc ready to reverse ?Technical analysis
On the left we have the 4 last major Daily move. (Green and red arrow)
We can see on the Daily RSI that we broke the Trend line of the daily momentum = possible changing momentum to the up side
On the right we can see a formation of (L H HL HH)
We broke a smaller chanel = Bullish signal
We broke the daily 21 SMA = Bullish signal
Possible buying opportunity:
buying the stock near the 0,618 (Golden ratio) of the last HH
in confluence with the end of the high liquid level
I keep in mind that we can retrace to lower price like 11-10 $. if this happen I want confidence on the Bull side
If I dont see 'strong' buying activities aka quick rebounce from the 11-10 $ level. It mean that the Daily 21 SMA could return to the bear side and this can cascade to a bearish continuation and who know how far this stock can dip before actually forming it 2022 low..
knowing that, I also keep in mind that it totally possible that we are currently forming the 2022 low...
Palantir: Potential inverse Head and Shoulders forming?Palantir Technology - Short Term - We look to Buy at 12.46 (stop at 11.59)
A bullish reverse Head and Shoulders is forming. A break of 14.87 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and volatile.
Our profit targets will be 19.99 and 23.15
Resistance: 14.86 / 17.46 / 19.99
Support: 12.42 / 10.27 / 9.74
Disclaimer – Saxo Bank Group. 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 any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and 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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Palantir - Will PLTR finally push up 25%We have been waiting on PLTR to break the downward trend. Is it time now? If so, will it push up 25% back into the long term EMAs?
PLTR: Up, Down or SidewaysNobody knows what will happen in this market. And anyone telling you what they believe is a certainty is lying to themselves and you.
Times such as these require patience.
I can see only very short term possibles. Even then, things can change on a dime macro-fundamentally. The company is a gem and I'm fully onboard long term. On a short term technical basis, it seems we're loosing some momentum
Palantir TechnologiesPalantir Technologies is a public American software company that specializes in big data analytics. Headquartered in Denver, Colorado,
link to VCHART indicator will be published in 12 days due to tradingview restrictions
pltrIt has crossed the shaded area as shown on the chart. The targets are from it, we enter a correction to its maximum limits. It is clear on the chart, including a bullish wave. The analysis cancels when the third area is broken by closing a 3-hour candle below it or closing above the third target, an hourly candle.
PLTR Set to Breakout if Macro trends turn in favor of a bull runPLTR Looks like it has bottomed 10-15% above its original DPO price. Although the company has diluted its shares through stock based compensation significantly over the last two-three quarters.
On a longer term time horizon, assuming the SBC continues the market price will continue to look suppressed but Market cap should be reflected fairly as the company is proving high revenue growth numbers in 30-35% Range.
Palantir Next MovePLTR with a huge bullish falling wedge. Trading to upper range then will take most profit.
Palantir | The $ 12 Support Zone could push the price higherPalantir | The $ 12 Support Zone could push the price higher
During the last few days that the indices were in red, we saw Palantir hold on
very strong near the support area located at $ 12.
This may open up new opportunities for the price to go higher in the near future.
The price can reach $ 14.50 and later $ 17
Thanks and good luck!
$PLTR STILL IN A FALLING WEDGE !NYSE:PLTR
Sad to announce that we have not hit gold. Prior prediction/analysis were "on point"
Chart - Daily
EMA ( Exponential Moving Average): 20 EMA failed to cross the 50 EMA ... This is baaaad. Hoping this trend doesn't lead to a "Double Top" as it will spell BAD NEWS in the near term.
TTM Squeeze: Squeezed! But momentum dropped at the 1.618 fib . Definitely accomplished the journey to fill the gap down from Feb. 16th.
Fib Levels: Smooth sailing from 0 fib to 1 fib ($10.27 to $13.02). Having trouble holding above the 1 fib and eventually went for the 1.618 (a major resistance) As previously predicted, it got a butt whooping around ($14.85) and got sent trending downwards.
Candle Stick: Summary of last 5 candles equate to a bearish movement.
Pattern: The double bottom bullish pattern is over and I'm afraid that we are back to our falling wedge pattern.
News: Sigh, nothing has changed; no matter the news, good or bad, this stock just seems to want to trend down.
History: The last 2 earnings have resulted in a downward trend even with great numbers.
For a company worth Trillions, the "gold" (prize) still seems to be far fetched. Just gotta keep on digging and investing in the dip.
Palantir pullbackPalantir NYSE:PLTR has performed a pullback from the recent rally. This came to my attention from a spike alert and it is happening at a 50% Retracement. This is a followup to my initial entry on March 15, 2022 when no one was talking about Palantir stock anymore (see below). This time in addition to the options position is purchased shares to hold for the long run.
$PLTR Long off Monthly DemandAs is with most stocks right now, PLTR is returning to the former breakout area from march. The market does this time and time again. This area is called Demand. The first time back to Demand typically results in a nice rocket ride. The high time frame demand zone is the most ideal place for a long as PLTR has broken through the market maker discount zone for a deeper discount.
PLTR (Y22.P1.E1).Accumulation rangeHi All,
#PLTR #PALANTIR
A team member asked the question and here I'm sharing my thoughts with this post.
The structure and fib level makes sense that we will see some accumulation phase.
All the best,
S.SAri
BUY THESE THREE AREAS. BIGGEST 5-10 YEAR INVESTMENT TRADEPLTR is a long term no-brainer. Data, Data, Data. LFG.
Accumulate in the three areas, and manage trades accordingly.
50% pos % size exit at upper box.
pltrlooked into the chart for just 5 mins which means it's more possible to be wrong, so just lets see what happens for fun. I'm buying tho :P
Palantir $PLTR Sub $10 Before Earnings?PLTR missed forecast by nearly 45%, the CEO (Karp) has been critical of short-term event horizons.
Couple the previous miss with:
- Economic: Macro headwinds due to sharply rising prices w/ rampant inflation that's looking to be persistent
- Technical: Support on the 20/50 EMA will be tested again seemingly, bigger focus is being rejected without gaining momentum to test the 100 EMA is a surprise
Next few days' price action will be interesting.
PLTR - UpdateThis stock is not out of the woods yet..
Five waves up to complete the "c" of 4?
I'm a little suspicious that wave 4 completed today?
My buy in point will be a breakout above todays high ($14.85)
Palantir Changing the Trend? Palantir Technology
Short Term - We look to Buy at 14.24 (stop at 13.28)
Previous resistance, now becomes support at 14.00. Short term oscillators are moving higher. Price action has broken from the previous formation. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 17.80 and 19.50
Resistance: 18.00 / 20.00 / 27.00
Support: 14.00 / 10.00 / 5.00
Disclaimer – Saxo Bank Group. 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 any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and 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.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
PLTR 4 hr tf We have a good trend. will take some off table at 15 area. Will re-enter if we break that resistance.
PLTR BUY setupPLTR printed last confirmation for buys - bullish BOS. Lets wait for pullback and get into market on discount prices.
