Get started
PALANTIR TECH INCPALANTIR TECH INCPALANTIR TECH INC

PALANTIR TECH INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

PTX trade ideas

PLTR may have bottomed; watch reaction @14.41; next 2 TargetsPLTR may have completed its BIG ABC correction. It may still go lower to the red max pain box with ABC 1:1 level at 7.17. However, this is unlikely since RSI & Macd show bullish divergences. Also PLTR already crossed & retested Dma20. It also crossed the green dma50 line which may act as support. Currently looks like it is trying to BO of the yellow consolidation box. However with overbought RSI, it may retrace to the middle of this box before proceeding to BO 14.41 & to go towards the next 2 TP levels shown in the chart. Not trading advice.
NYSE:PLTRLong
by xtremerider8
PLTR don't fail me now!NYSE:PLTR Daily Chart EMA (Exponential Moving Average): 20 EMA is yet to cross the 50/100/200 EMA... For longterm buys, this is still in the buy zone although this means that the stocks hasn't recovered from the death cross (50 EMA crosses the 200 EMA). TTM Squeeze: Squeezed ! Momentum is behind the stock... Working 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 . Would it fall back to the 0 level or go parabolic? That is the question. Facing strong resistance at $14.28 and at the next fib level ($14.85). This stock is practically facing a lot of resistance all the way to $29.29 Candle Stick: Summary of last 5 candles equate to a bullish movement. Bullish Pin Bar although ending red isn't too bad... Pattern: Do you see a double bottom (feb 24th and Mar 15th)? In general, PLTR is still in a falling wedge. Will this double bottom be what reverse the pattern? News: Sigh, 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. Everyone and their mama is talking about this stock... Maybe the Wall Street Bets community will bring about a squeeze someday. Company is worth Trillions with no debt, Great Enterprise customer base but the stock is tanking... hmm...
NYSE:PLTRLong
by STAKKNATION
PLTR - Getting Ready To Pop?PLTR having a good bounce from earnings - along with indexes. It has bounced from this 1:1 area and so now it appears an ABC has completed. From here price could simply form a regressive retracement to test resistance and channel trendline. Or It could be an X wave in which case we may see a much more impulsive move that will potentially retrace 0.618 from top to bottom which would trap longs thinking it is the real bull rally. Or It could really be the bull rally - but with indexes cliff walking it seems very unlikely that little names like this wont someday find a lower low. W RSI diverging from oversold. But With SPX potentially correcting - I think good chance PLTR will re-test the 1:1 fib at $11 before it continues up. Not advice.
NYSE:PLTRLong
by dRends35
3
PLTR: Possible path towards $30more government money to flow in on top of a growing/expanding commercial sector. Those that sold out of fear of a shrinking government sector (i.e. Mama Cathie) jumped the gun and did not show patience or conviction. I hold firm to my long term belief that we are looking at an increasingly important software company that solves problems for people, companies, and countries alike. I've been buying all the way down. This is my short term price prediction. Not trading advice. Good luck to all.
NYSE:PLTRLong
by HassiOnTheMoon
2
PLTR: May be breaking trend its been on since IPO On the daily - and hopefully the weekly to follow - it's a parent that there's been decreasing momentum since the stocks inception. At the moment we are coming up to a trend line on the RSI which has yet to be broken. In addition to what seems to be a bottom, we may see a trend reversal bolstered by so much momentum coming in as shown in the RSI and macd. The macd looks like it's ready to cross the zero line which would further support the thesis that we are entering into a trend reversal since the previous earnings call. Hopefully it's a long-standing bull run and we can reach new highs. This is not trading advice but anything under 16 is good for me as a long term holder.
NYSE:PLTRLong
by HassiOnTheMoon
1
PLTR - The end of the correction is near!Since our last analysis, palantir tumbled another -27% and an end of the decline seems to be nowhere in sight. NYSE:PLTR Our calculations however proved to be very precise in the last months, we want to continuously support investors with our analysis in these difficult times. Since Cathy Wood decided to sell all shares of PLTR it became very quiet around palantir, by now most investors should be deeply in the red. In the last weeks there was hardly any positive article in the newspapers. This is another sign for us that this painful correction cycle will be over soon. At Mendenmein Capital we know, that investors who do not let themselves become paralyzed by fear and continue to show consistency in their strategy always benefit the most. Technical explanation of the Elliot Wave structure: In our last article, we expected a big recovery in the major red wave 4. However, this recovery came to an surprisingly early end after a recovery of mere 22%. After this, we reached new lows and the current structure is dominated by a final downward impulse. A downward trend channel has emerged in the orange impulse, wave (iii) stopped at $9.78 and was followed by a recovery to $12.52 in wave (iv). PLTR stock decided to trade sideways for almost three weeks, in the end a typical feature of such a movement has emerged. A triangle! The price has now approached the final stages of the triangle formation and we expect that we exit it in this trading session or in the next few days. We are now in the cyan downward impulse which will bring us to approximately $9.11 in wave (iii). We currently estimate that the final low in palantir will be at around $9. However, depending on the volatility, this may be pushed down further! Our estimated final low at $9 will provide investors with very lucrative buying opportunities for long-term purchases. We want to mention again that we as Mendenmein Capital expect the stock to reach its previous all-time high and prices of up to $80 in the next few years. Important: As long as palantir does not break above the important resistance at 14.26$, a bullish reversal cannot be expected. We advise investors to watch Palantir very carefully in the coming days, as we are in the final moments of this major correction. Feel free to visit our website for more articles and information! www.mendenmein-capital.com 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
13
PLTR: Starting the long term uptrend?PLTR has created a higher low and a higher high. Now it is the time to watch the retrace. At the moment looks like price wants to move up a little higher towards $13-$14 range. After that the crucial support of $12 must hold. That would be the entry for long term target of $40; take profit and re-entry along the way. As long as price does not fall below $11.62, it is looking like long term uptrend has started. I have taken a long position with stop below $10.25.
NYSE:PLTRLong
by mukit1
1
PLTR Gamble - Longverall Market looking very strong right now, but this stock is pulling back and even slight under the 30 minute trend line. Weekly and Daily are still showing uptrend. If this level can hold above recently broke resistance (purple rectangle), this could be a very low risk entry if we bounce. Price action has broken on the 30min Trendline, however, RSI has not broken trendline yet. Hoping for a bounce back above trendline for low risk entry. I also see a hidden bullish divergence on the 30min chart for added confidence. Yellow Lines on the right are 1st, 2nd, and 3rd Price targets: T1: $26.00 T2: $27.46 T3: $29.50 Entry: 24.24 SL: $24.06 Final RR: 27.72
NYSE:PLTRLong
by afran020
SHORT TERM SETUP I like the look of Palantir at these levels, for a short term swing trade or, given time, a long term setup. 1. Bullish Div RSI & MACd 2. Pricing has come all the way back down to IPO levels For the first quarter of 2022, management expects revenue to grow roughly 30% year over year to $443 million. The company also reiterated its long-term goal of annual revenue growth of at least 30% through 2025. While that level of sales growth would be impressive, investors are increasingly demanding profitable expansion from premium-priced companies. In the current market environment, inflation and other macroeconomic concerns are leading investors to be more risk-averse. That, in turn, has led to steep declines in the share prices of growth stocks that have failed to deliver on the bottom line. In summary, tread with caution. Short term, you could take a trade here, Long term, wait for cross of 50MA.
NYSE:PLTRLong
by clarkehimself
1
Palantir at Last SupportI have been watching Palantir closely since the February 24, 2022 spike low. NYSE:PLTR was a darling of 2021 but has fallen victim to the "Pandemic Round Trip" like many stocks. The $10 psychological level has so far held with afore mentioned spike and today there was short term price action (see below) above $10 that may confirm a low risk entry. I have decided to take this trade for the long term with far out January 2024 $30 Strike Calls. If this is a long term bet then I should use my imagination.
NYSE:PLTRLong
by norok
defense FTWHeres an interesting stock that I am paying close attention to. Since the start of the Ukarine war, I been looking at defense system stocks and they have all gone through the roof. Then there's this darling, PLTR that has been trashed to its IPO price. Heres my multiple time frame analysis of this AI company. On the Monthly time frame, we see that the price kissed its all time low. On the weekly, the chart shows that its trying to gather support. However, strength is still missing on the daily time frame. If the price closes above 12.21 on the daily TF next. I will be interested to be involved. DYODD
NYSE:PLTRLong
by SuperQueen
PALANTIR:New Beginnings On The Horizon NYSE:PLTR is now set for new beginnings as a major cycle has ended for this stock. Recently the price has been ranging in the the 8.6-11.4 area which is a high demand area ideal for the current accumulation phase .In fact there is a great probability for the bulls to take the lead and push the price significantly up , taking advantage of the nice potential of PLTR . Although many technical indicators are already anticipating a rally, it is more reasonable to wait for a close above the 12.6 as a confirmation before the entry . After the confirmation ,the price is likely to reach the first target ,and potentially the second and the third targets if PLTR succeeds to close significantly above the first and the second target areas successively. For the trade management It is advisable to : Close 50% of the position when the first target is hit and move the stop to the entry area . Close 25% when the second target is hit and move the stop to just below the first target area . Close the remaining 25% when the third target is hit . The 9.5 level would represent a reasonable stop level which has the advantage of being tighter than the 8 level despite the latter offering more freedom for the movement of price . FERVENTLY BROUGHT TO YOU BY MANHATTAN STOCKS . ALL REQUESTS ,SUGGESTIONS AND REMARKS ARE WELCOME .
NYSE:PLTRLong
by manhattanstocks
2