$PLTR Target 33.39 for 56.41% $PLTR Target 33.39 for 56.41%
Or Next add at 22.88
I’m just going to aim right for that GAP. Target has not changed...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
PLTR
PLTR could see a big move !!!PLTR setting up for an interesting move. 22.68 is a big pivot point if it breaks this we can see a run back up to 27.
PLTR: Good QR! More upside in upcoming weeksTechnically, PLTR is in an uptrend now with registered higher high and higher low.
The good quarterly report today pushed price up to an intermediate resistance. Might see a pullback to close the gap, but that could mean better entry for us.
Target profit 1 set at $27 i.e. next resistance.
Will observe price action again to see if target profit 2 ($31 area) is a good target.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
PLTR: Complete Multiple Time Frame Analysis after Earnings!Hello traders and investors! Today PLTR reported its earnings, and the volatility increased, as expected. There are some key points we can use, and we’ll talk about them in this complete Multi Time Frame Analysis (MTFA) .
First, now it is too late to buy. The time to buy was during the Ignition Bar evidenced in the 1h chart, which was a classic bullish candlestick pattern, just above the support at the purple trendline.
What’s more, PLTR just filled the first Breakaway Gap , which was my first target since the analysis I did on July 20, “PLTR: A very Technical Bullish Thesis”, which is public, and the link to it is below this post. If you buy now, it feels like you’ll buy from someone who bought at the Ignition Bar down there, and will use you to book profits. Always try to buy from who’s panicking, not with the herd.
If I were out, I would wait for the Risk/Reward ratio to make sense again, probably after a correction, near a support level. This wouldn’t change the bullish bias seen on PLTR, as I still believe we’ll seek the next gap at $ 26.32. The daily chart reinforces the bullish thesis:
The daily chart suggests that we can seek the $ 27.47. We just defeated the 38.2% Fibonacci’s Retracement , which worked as a resistance at least 2 times (Jul 12 and Aug 10). We also defeated the 21 ema, and the situation is clearly bullish. It would be good if it corrects again, but we can’t count on that.
It is interesting to notice that PLTR has been doing many good and technical movements. The bottom seen last month was just a pullback to the 61.8% Fibonacci’s Retracement, and it did a perfect Piercing Line candlestick pattern on Jul 19.
However, I have one more key point for you, and this time it is in the weekly chart:
Although the $ 27.47 is the target in the daily chart, this is a bullish pivot point in the weekly chart . If triggered, PLTR has a good chance of retesting its All-Time High again.
To sum up, if you aim for the short-term, you have an opportunity to book profits now, as we just hit the first target in the 1h chart. If you aim for the mid-term, the $ 27.47 is the target for you. In a longer-term perspective, if PLTR triggers the pivot point in the weekly chart, the $ 45 is where you should aim.
In addition, if you still don’t follow me, I invite you to do so ! I write daily analysis here on Tradingview, and I’m sure you’ll find something interesting around.
Take care, my friends!
The next 400-700 million is important..!Just look at dollar value of the previous Price Reversal Zone to know why I say the next 300-700 million dollars is critical..!
Serving Technicals Up On A PLTRSo I plotted this fib retracement a while ago using all highs and lows since IPO. I also plotted out a trend line that seems to have been an interesting level between the 618 and 50 fib levels. Today's update included an extension of that trendline (in dotted orange). The interesting part of it all is that this remains a key level on the chart and is almost exactly where PLTR was denied after this epic gap-up. Now that it has reclaimed some ground, eyes are on this current resistance to turn support (for longs) as well as the 50 fib level if or when it establishes a new support "up here". With tech flip-flopping, it will be interesting to see how PLTR reacts after 8/12's session.
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Quote & Learn More: Top Tech Penny Stocks To Watch For August 2021
What are the bullish evidence in Palantir chart???1- Closing above resistance level (Flat Top)
2- Increase +70% in trading value in comparison to average weekly trade, and +50% in comparison to monthly trade.
3- Crossing above 20 days EMA.
4- Long bullish candle that covers the buddy of the last 14 candles!
5- Closing above 20 EMA weekly ..!!!
* this is not on the chart but It is ranked 4th on WSB mentions today with 600% increase!
Please review my last 3 analysis on Palantir:
June 29th, 2021
keep it on your short watch list!
Trading volume Decreased from 140 M to 42 M, which means there is no buyer for Palantir at this level!
Wait for a clear short entry!
July 16, 2021:
Sensitive level of 21.50
21.50 is the most important level for Palantir to trade. In most cases, it has experienced a 12-27% bounce.
This is not a long-term trade setup!
August 5th, 2021:
Correction seems finished..!
PLTR Nice movement post ER. New cycle potential?We could see a similar move here as we saw last run up. I would be targeting 54-58.
Palantir is about to break outIf you are trading PLTR, wait for a break out from this rectangular consolidation and take a position accordingly.
PLTR ANALYSIS 12.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
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PLTR- $23.50-OPTIONS SWING TRADElooks like price is trying to hold...PT$23.50..sellers are disappearing as spreads are not giving a follow through. PT $23.50 but as we all know its tough to take all the pips.
PLTR: THIS COULD BE GOOD. PLTR:
PLTR's sitting at a critical moment, will it bounce off the bottom channel of the rising wedge or will it break lower? A break lower means long puts with profit targets set at $18 level, a bounce off the bottom wedge means long calls, target upper channel at 22.80 and a higher probability that the wedge will break igniting moves to 24(.5fib), 24.82(.618 fib), and $27.44(1:1 retracement). or.... we get a boring ass ping pong with the rising wedge contiuning.. hopefully not. curious to see where this goes. Will be keeping this on my watchlist. Waiting for this triangle break to present some good entries.
PLTR 1st target $22.90 or $23Let it go down near dotted line then take call..get out @23. Swing play.Don't wait ,let it go where ever it wants to go. Targets should be very clear. Try getting into it around $22.60 . Options swing play
Pltr $23 swing play optionsDon't dream big that it's gonna go to the moon.Earnings are there but be careful..Options swing PT $23.
target $23 options playPLTR is consolidating & It is not going down for sure.Option are risky so be careful
PLTR Bearish 📉PLTR is in a bearish ascending triangle.
Will open up a short position once we break through the support and place a s/l just above the support to ensure it isn't a fake breakout!
Correction seems finished..!Bounce back from 0.38 Fibonacci level, crossing above 20 EMA, and making a reversal flat top.
I believe we will see a nice bullish rally in the next week before earnings.
PLTR set to sling upwards Although I greatly believe in this stock for the long run, I think its best to trade based off of trend. I think it may be a great time to buy due to be close to historical support while also showing indications of continuing to the long side. The squeeze and stupid willy are preemptively suggesting a decent bull run back to 27.
Bullish Signals
-Squeeze indicator
-Stupid Willy
-Rising emas
Support & Resistance
-Support(20.47)
-Resistance(27.32)
PLTR: Complete Multiple Time Frame Analysis (H, D and W charts)!Hello traders and investors! Let’s see how PLTR is doing today, and do a complete study on it - a Multiple Time Frame Analysis ( MTFA).
Since our last analysis, PLTR is doing well, as it is still accumulating , and we have some bullish signs around too, despite the apparent congestion.
The 21 ema is flat, and it is useless for un, in the 1h chart, at least. But we have a support made by the purple trendline (3 touches), and a resistance made by the black line at $ 22.67 (2 touches). This is an Ascending Triangle chart pattern , and reinforces our previous idea that the $ 22.67 is the main key point here.
By defeating the $ 22.67, PLTR will engage in a bull trend again, and the targets are quite clear (short-term): 1) Minor resistance at $ 23.39; 2) First gap at $ 24.62; 3) Last gap at $ 26.32.
In the daily chart, we see that the $ 22.67 is a main resistance, along with the 21 ema. This is a dual-resistance zone , and if defeated, in the mid-term, the next resistance is the $ 27.47. PLTR has good chances of getting there, as this point is close to the last target seen in the 1h chart, the gap at $ 26.32. Remember: Gaps work as magnets.
Now, if PLTR defeats the $ 27.47 it’ll trigger a bullish pivot point , and this might lead us to the ATH again. However, this is a long-term view, and I rather work with the short/mid-term targets for now. If it’ll defeat the $ 27.47, we don’t know (we even don’t know if we’ll get there, in the first place).
The good news is that we don’t need to know, as the charts will tell us how to proceed, when the time comes. And if you liked this analysis, remember to follow me to keep in touch with my daily updates.
Thank you very much!
my expectation of $PLTR NYSE:PLTR the stock is in a minor down trend and forming continues rising wedge near to important Fibonacci cluster .
PLTR BREAKOUT TO $32 +Perfect time to jump into PLTR, low price, great earning expectations, gap fill at $32. I believe Palantir will be $60+ at year end :)