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PALANTIR TECH INCPALANTIR TECH INCPALANTIR TECH INC

PALANTIR TECH INC

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PALANTIR Buy opportunities within the Channel Up.Palantir (PLTR) is trading within a 16-month Channel Up and is right now below the 1D MA50 (blue trend-line) and above the Channel's median. Once the 1D RSI hits again the Support Zone, it will be a buy opportunity again (assuming it also hits the Channel's median). The previous Bullish Leg on the median rose by 58.85%. As a result our target will be $25.00. This trade will be invalidated if the price breaks below the 1D MA200 (orange trend-line). In this case, we will wait until the stock approaches the bottom (Higher Lows trend-line) of the Channel Up again. The previous Bullish Leg on the Channel's bottom rose by +136.50%, which is marginally above the $25.00 target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:PLTRLong
by TradingShot
Breakout of the triangle. Waiting for the pullback.On the chart, the D1 support level is visible. Just before it, a triangle has formed. This indicates a slowing down of the price. Subsequently, this triangle was broken. At the same time, a morning star candlestick formation appeared on D1. One of the possible scenarios I will be waiting for is a pullback to the area indicated on the chart. Then, if the price rally continues up to the next resistance, there is a chance to capture as much as an R:R of 5:1.
NYSE:PLTRLong
by czasnaefekty
$PLTR At Resistance Price 20.24NYSE:PLTR , trading at a resistance price of $20.24, is at a pivotal point where the interests of bulls and bears converge. Bulls are hoping for Palantir to undergo a period of consolidation at this level, which could build the necessary momentum to break above the resistance, marked by the blue line on the chart. Conversely, bears are looking for a sharp reversal from this point, indicating a potential downtrend. The longer NYSE:PLTR remains at this resistance level and consolidates, the greater the likelihood it could break through, shifting the advantage to the bulls.
NYSE:PLTR
by AlgoTradeAlert
PLTR: a clearer understanding and less volatile PLTR has come a long way from speculation and misunderstanding. I have been following PLTR from it's IPO and have been happy to see that the mainstream is open to listening and hearing the leaders of the company break down the importance of their mission and product, and have thus far succeeded (not without serious pushback). The difference between this year and last year with the stock price is that we have a clear understanding of the bottom and have solidified ourselves with great support. From here on our were in upward channels. The price may go down but zooming out allows us to know that isn't really the case. My perspective is of a long term mentality. No trade advise accept the tried and true "buy low". And the price may go low again for another opportunity. Don't let the mainstream negative noise affect your conviction. It's very clear this is a game changing company.
NYSE:PLTRLong
by HassiOnTheMoon
What's In The Box? An observance Of PLTR Price action patterns.Here we have a fib channel. I have removed most of my other levels and only left the relevant ones in order to clean up this idea. It appears there is a pattern to PLTR price action under certain conditions. When PLTR is oversold on the RSI(see light blue line the blue arrows point to) and rejects the 707(pink line) channel level it retraces to the 382(light green line) level, bounces and proceeds up to the golden pocket(orange and yellow lines) where it rejects and then breaks down below the 382. NOTE: I noticed this earlier in the day while the market was open but did not chart it out and publish until after I left the gym. The price action in the after market has brought it down almost to the 382 level mentioned. Close enough to bounce even. Let's see if this pattern plays out. This is not financial advice or a "play." #PLTR #Palentire #AI
NYSE:PLTRShort
by HotsauceShoTYME
Be Cautious On Palantir🫨Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse Palantir for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's analysis in the comments below👇 ➡️I will only enter a trading position if ALL of my trading criterias are met! Keep your long term vision! P.S. Trading is risky and most beginner traders lose money!
NYSE:PLTRShort
by basictradingtv
8
Palantir (NYSE:PLTR) Gradually Makes Way to Two-year HighPalantir (PLTR) stock rose above $20.24 – the high from August 1 – on Friday as the artificial intelligence (AI) company attempts to finish off its third straight week of gains. This is the highest level that PLTR stock has traded at since November 2021. PLTR stock progressively rose throughout the session to more than 3%, reaching an intraday high of $20.45. Palantir stock news Much of the news surrounding Palantir at the moment stems from hedge funds and family offices filing their 13Fs for the third quarter with the Securities & Exchange Commission (SEC) this week. PLTR stock is a common holding of many of them. Most notably, Palantir co-founder Peter Thiel’s Mithril venture capital fund sold $48 million worth of Palantir stock in the third quarter, which ended in September. The shares were acquired about a decade ago. Coatue Management, run by Philippe Laffont, purchased a new position in Palantir. The hedge fund bought just under 894,000 shares of the AI platform company. Palantir Technical Analysist Palantir has just barely marked a new two-year high on Friday. The stock has risen as high as $20.34 at the time of writing, 10 cents above the August 1 high of $20.24 and its highest value in two years. There is no telling how far Palantir stock could rise in the present rally. The 161.8% Fibonacci Extension (not pictured) provides a reading of $22.18 though. The 9-day Simple Moving Average (SMA) is strongly leading its 21-day SMA counterpart, as would be expected in a rally of this type. Support rests nearby at $18, a level that has been used as both resistance and support since the summer.
NYSE:PLTRLong
by DEXWireNews
1
Palantir Breakout: Navigating the Bullish Surge 1DTechnical Analysis: Palantir (PLTR) Timeframe: Daily Chart Pattern: Resistance breakout Breakout Level: $20 Target Price TW : Max 25 Avg 15.66 Breakout Point: There appears to be a breakout at the resistance level, which was previously set around $20.00. The price has moved above this level and is currently at $20.49, indicating a successful breakout. Indicators / patterns: The Moving Average Convergence Divergence (MACD) is bullish, and the Relative Strength Index (RSI) is oversold. Candlestick patterns: Long Lower Shadow Pattern: This pattern occurs when the market shows a significant sell-off during the period, but then buyers push the price back up near the opening level. The result is a candlestick with a small body and a long lower shadow (wick) that significantly extends below the body. Rejection of Lower Prices: The long lower shadow indicates that there was a rejection of the lower prices, suggesting that the buyers are coming into the market and there is buying interest at those lower price levels. Fundamentals/events: A comprehensive overview of Palantir's financial performance in Q3 2023, including forecasts for Q4 and the full year (FY) 2023: 1. Investment and Operating Income: The company continues aggressive investments in AIP and the US, achieving an adjusted operating income of $163M with a 29% margin. 2. Customer Growth: There's significant growth in customer count, up 34% year-over-year (YoY), and commercial customer count, up 45% YoY. 3. Deals Closed: 80 deals were closed during Q3, with 29 deals worth at least $5 million and 12 deals at or above $10 million. 4. Financial Positio: The ending cash position for Q3 stands at $3.3B, including cash, cash equivalents, and US Treasury securities, with no debt. 5. Profitability: Palantir achieved GAAP profitability for the third consecutive quarter, with a GAAP net income (loss) chart showing consistent improvement over the quarters. 6. Revenue Growth: U.S. Commercial and Government revenue grew significantly, with total revenue growing 1% YoY, driven by the acceleration of the U.S. commercial business. 7. Top Customer Revenue and Billings: Average trailing twelve months (TTM) revenue per top 25 customers increased, and billings grew by 36%. 8. **Forecasts**: For Q4 2023, revenue is expected to be between $599M - $603M, with adjusted income from operations of $184M - $188M. FY 2023 revenue guidance has been raised to $2.216B - $2.220B, with adjusted income from operations expected between $607M - $611M. GAAP net income is expected in each quarter of the year. This snapshot indicates robust financial health, significant growth in customer base, and a strong focus on profitability moving forward. Oppurtunity: Palantir's stock price has tripled this year. Strong fundamental results and optimism over generative AI have driven the company's stock price performance. Investors are now questioning whether the rally can continue amidst rising interest rates. Some positive factors to consider include expected revenue growth in FY24 and a strong position in the government contracting market. Potential headwinds include the overall market environment and the possibility of higher valuations. Risks: Palantir shares could have a fail to break above $20 and fall back to lower levels. The overall market could experience a downturn, which would weigh on Palantir shares. A false breakout occurs when the price of a stock moves beyond a defined support or resistance level, signaling a potential trend reversal or continuation, but then reverts back. Disclaimer: This is not investment advice. Please do your own research before making any trading decisions.
NYSE:PLTRLong
by PillsinFinance_real