Palantir (Update)Keeping it short here, PLTR has been getting government contracts recently. Defense and supply chain efforts are important to alot of things right now. A price of $22 would be a bit above 38% retracement of the previous high. Let's see what happens! We are still in a good are price wise and has given us more of a discount I believe since my most recent post. Not advice.
PLTR
PLTR Bearish Idea (Short term) 120121One year support level at 20.24 has been breached.
Zooming into to 1M reveals three consecutive high RSI to low RSI moves. Each move lower resulted in sideways price action with a small move higher then subsequent lower move. The first drop resulted in a -18.63% decline, the 2nd -13.77%, and the 3rd a -8.88% drop, each decline approx 5% less then the last. Extrapolating this I would estimate the next drop to be approx -3.8% resulting in a $18.68 price, possibly a next support level?
Moving averages: 200 moving day average has been above the 50 since November 10 with the price action currently below both lines.
RSI: Oversold at 21.08, we could see a slight move higher soon before the next drop.
DMI: Red (bearish) trend line looks like it's gaining strength from an upward looking trend strength indicator (yellow line)
Current analysis: Short term bearish, however it's looking like it's poised for a breakout due to being so oversold, watching the $18.68 level. The bearish trend on the DMI looks like there could be more downward price action for the near term.
This idea is for informational/entertainment purposes, this is not investment advice. Please use caution and do your own research before trading.
This information would be my gift for the end of the year!If you search the net and youtube, you will find lots of analyses that Palantir will go to the moon, Mars, or whatsoever!
But I think this level could be a safe entry for the next 12 weeks!
While everyone buys PLTR because of ARK investment, I would like to buy because Reniacence technologies increased its position by 1519.13% on September 30!
However, I am buying this 20% cheaper !
This post is dedicated to the American mathematician Leonard E Baum, who was the master of buying the dip according to James H. Simos..!
Entry: 20.50
Stop loss: 20
Reward/Risk: 14
Target range: 27.5
Time Frame: 12wks
Possible gain:34 %
Possible loss: 2.44%
Position size: 5% of trading capital
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$PLTR - $17 first target, SHORT OpportunityKeeping my price target since my last post about a double bottom. If it doesn't hold, then will see $15 and lower. I would continue going short. Currently not a long trade as all indicators are pointing much lower with more selling pressure.
$PLTR - Low Risk, High Reward Short Candidate$PLTR finally lost the $20 support level that has formerly held strong across many months. This in and of itself indicates that bulls have run out of steam, and that the bears are in control.
Alongside the loss of the strong support level, current market fundamentals do not favor growth stocks such as $PLTR, meaning that bulls will have a really difficult time reclaiming the newly lost support.
Short are valid all the way down to $17, where we may bounce and begin our reversal. I'm currently holding 12/17 18Ps which I picked up for cheap upon the loss of $20.
PLTR : Palantir consolidating. Palantir doing consolidation. If is able to hold this position then a good uptrend is expected.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
Palantir Bearish. PLTRZigzag in B Wave post divergence. Wave C technically confirmed yet, but it has a convincing look and feel already. Momentum is also bearish either way.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern.
In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely in today session
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLTR Distribution ?PLTR looks like a distrabution range. if we break down I dont see much support until $10.
PLTR : Palantir consolidating. Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. But Still this doesn't work in its favors and drop down from resistances 28$ mark to 20$ mark and no it doing consolidation. If is able to hold this position then a good uptrend is expected.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
$PLTR - Double Bottom Setup it looks like it wants to retest $17 for a double bottom setup. If it doesn't hold then further downside. If it bounces. Short or Hedge with $17 Short put with a 5% stop loss for high premiums. $17 would be be great long trade for a higher risk/reward setup. Currently still in downtrend unless the trend flips.
The large pump and dump scheme..!I have written about it many times!
While many people think market manipulation happens as a Pump and Dump, I noticed it is actually more common to happen as:
Dump-Pump-Dump!
It seems there will be no more Dump..!
Now we should look for the Pump phase!
PLTR is now ranked 7 on WSB..!
for more information read the below article!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$PLTR - Bearish Channel $17 first target, SHORT OpportunityIt looks like further downside is intact, broke current support which will lead to more selling pressure to $17. If it doesn't hold then next target to sell down to will hit around $11.
PLTR LONG - AB=CD, PITCHFORK, DEMAND, RSIAB=CD
Lower border of modified Schiff pitchfork
At demand zone
RSI at pitchfork support
Keep Palantir in your Buy watchlist..!Trading based on evidence!
Palantir tends to oscillate between 21-27..!
I know you may think it will go to the Moon!
But I think trading the reality will have better results!
I will keep watching this for a potential reversal pattern around 21!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
PLTRDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
PLTRDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
Trend based Fibonacci Extensiona plain Palantir trend based Fibonacci Extension on the weekly timeframe,
to keep on my own
AMC Parabolic again????? Could Christmas come early???AMC Parabolic again????? Could Christmas come early???
My Call option Watchlist of the week..!Before starting the analysis I would like to mention option trading is very risky and is not recommended for someone without experience!
For those who have experience, this list could be fun to watch or trade this week!
I usually use high-risk high-reward contracts!
These are my option trading rules!
Please read the rules and apply them to your trading..!
My Option trading rules and strategies
1- Position size: Define your risk level first
A- Small: 3% of Primary Capital
B- Regular: 5% of Primary Capital
C- Big: 8% of Primary Capital
2- Stop Loss:
A: 30% for all positions.(3%,5%,8%,*0.3= 0.9%, 1.5%, 2.4% of your trading capital)
B: Trailing Stop loss will move to Entry piece after 30% profit, for risk-free trades, moves to 20% after 50% and moves to 60% after 100%.
C: No stop loss in the system for the first 30 minutes of the market! ( order Good for Day)
3- Time Frame:
- My optimum goal is to close options trades ASAP, I do not recommend staying in any option trade for more than 72 hours.
4- Buy Naked Calls or Puts
- Buy Calls & Buy Puts options do not bring any obligation, and their risk is limited to losing the premium. I never recommend Sell calls/puts: risk unlimited, Gain limited
5-Strike price
- Only trade first In/Out of money contract. Out-of-money contracts always have higher risks.
- Expiration date
- At least 3-20 days left, But Never keep until the last day!
Closing Target
- will be calculated based on short time swings and will be updated as needed.
- Any change will be announced through notifications.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
PLTR looks good to buy... I'll be buying some this week. I see the support point currently holding up pretty well. If we break past the last ATH, we'll have be heading up to the next resistance point at $100, giving us 350%. Not bad.
A review on Wall Street Bets' Plays of the day!In this analysis, I review the most important Support and resistance levels of the top mentioned Wall Street Bets tickers!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
I think most of you know their plays I too risky and chasing is not recommended!
Rank 1-6:
and my prediction for Today:(this is only valid for today, may need an update soon!)
Rank 7-12:
and my prediction for Today:(this is only valid for today, may need an update soon!)
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$PLTR Palantir Technologies Inc. LONG Trade Setup$PLTR got beat down after earnings .
We landed right on the .618 retrace from the low to it's ATH .
If this level holds, we have a very good entry for a swing trade.
Risk manangement is key here though, cause if the market wants to see Palantir even lower than this,
we might do a deep retrace and go down to the 17$ish area again.
Depending on how "longterm" someone would wanna hold Palantir, a very tight stop loss should be set.
