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PLTR

PLTR 2 ScenariosThese are just two futures I can see coming for PLTR. Scenario 1, we continue to bounce between our current areas of support and resistance until we're able to find a similar consolidation pattern upwards for the next push upwards. I think this is the most likely since the descent should've happened by now. Scenario 2, in the upcoming days we see a big drop down to our first level of support with some uncertainty for the future. Any consolidation downwards could mean dropping further.
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by PlayerNonZero
$PLTR - Bullish-ish but barely.Hi Ya'll, First of all, this is not financial advice. It's my own DD that i use to trade. This ain't even very logical DD and is likely a pretty bad idea actually. Almost regretting it really. I think PLTR is bullish, but just barely... There was a big sell off in February as shown by the OBV indicator and this means that PLTR has lost it's legs and previous support/resistances. It's entered a new trading range. I think if PLTR is attacked by hedgies, it'll have a rough time staying above $20. If however hedgies and shorties aren't interested in PLTR, i think we can float at around $20 - $24. My bet on PLTR is that due the previous sell-off, someone will actually buy PLTR shares at the end of the bullish wedge i'm indicating on the chart. Unfortunately even though i want this to happen, i think it's just a dream as wall street isn't very interested in buying PLTR with it's various tech related excuses, but i believe it's mostly because of how PLTR's shares are set up and how no external entity can have true ownership over PLTR no matter how many shares they buy. This is in PLTR's prospectus document. Only Kathy Woods and retail might be interested in PLTR due to it's actual value, whilst the rest of wallstreet isn't really interested because it's not a company they can bet against also due to the huge share float of PLTR. So yeah, PLTR barely bullish for me, just barely with a chance of shorts if they catch on and realize PLTR is prime for a quick one. I should probably be shorting it, but i'm not that kind of guy so. PLTR's OBV is somewhat terrible and has collapsed due to the large selloff by Cohen and others. I'm not sure this company can make it in the Public trading domain... and honestly i might actually just kill my buys... I don't know, i want to have hope but... yeah. Indicators not looking good for me and i'm not terribly confident in their ability to make a net profit yet cause they aren't making money... Gonna be checking them out for the next few quarters and see if they improve with their ever increasing government contracts. I have a large long buy position PLTR btw.
PLong
by leenixusu
2
Palantir [PLTR] time to accumulate more sharesAs the 10 year Treasury Yield continues to climb, Palantir is staying relatively stable. Not much price movement unless huge institutional investors continue to buy such as Cathie Woods or Palantir makes a new contracts with other bigger companies or government agencies as such. Till then will wait for PLTR earnings report which will be May. Till then Prices will stay relatively stable . Will continue to monitor PLTR progress as PLTR will make a huge disruption in the TECH industry.
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by TheHaq
Bullish on PLTR(This is not financial advice) Hey everyone I made this chart on PLTR a few days ago and so far I am in the green and is turning out as expected so take this as you wish I setup some price targets and my entry was 21.50. I really like Palantir as a company and stock. Both long and short term I think they are very undervalued and have a lot of potential. For this play I would be looking to buy 20-23 for entry with a stop loss of 19.50 or somewhere around there. Looking to break out of this resistance off this support. People are starting to move back into tech and innovation stocks like PLTR so I think this a good swing trade over a few days and maybe weeks taking profits at price targets on the way up. Let me know what you think and if you agree or disagree in the comments. Also be sure to like and follow. Thanks for checking out my Idea! - Vlaire
PLong
by vlaire
PLTR - On the Precipice of Greatness I jumped into PLTR back in mid/late FEB when it was tanking pretty hard. I've been patiently waiting and pulled the trigger on another lower price point to decrease my DCA. After more waiting... I think we're on the precipice of greatness here with PLTR. Most of my points are called out above. Some additional notes here. 2 day candles show a LONG stretch of being oversold Last time we left oversold we saw a 79% pump We've once again been oversold for a very long stretch Double bottom established and could give us the momentum we need to break out of the oversold position Things to keep an eye on: Would be really nice to see the DMI tick up towards bullish momentum Keep an eye on the neck line of the W (orange dotted line) - needs to break that to finish the push Obviously do your own research and due diligence before investing... but as for me... I just like the stock. -Matt
PShort
by worldlyTacos81375
14
PLTR: The Unbreakable Bear Trend?Hello traders and investors! Well, PLTR hit our target we discussed last week! And now it is trading slightly below it. If you missed my last public analysis on PLTR, the link to it is below this post. Let’s see how to proceed. In the 1h chart we have a very strong bear trend, but PLTR is doing something new today. For the first time since it hit the green line at $ 27.45 it has been doing lower highs/lows , a typical trait of a bear trend. But today, it seems it is reacting near the support level at the black line at $ 21.07, breaking the lower highs/lows pattern. This is not official, but if PLTR holds it there, and if it breaks the dual resistance area made by the purple trend line and the 21 ema, we could see a reversal ahead. What’s more, this could be a Double Bottom pattern in the 1h chart if it defeats the blue line at $ 23.03. Now, let’s see the daily chart: In theory, PLTR could drop a little bit more, to the red line at $ 20.18, but since it is doing some bullish reaction in the 1h chart, then that’s fine. Also, PLTR is sleeping, as in the past month the volume has been quite low. At some point, it’ll wake up, we just don’t know when. It is a little too soon to say this, but if PLTR defeats the $ 27.41 the bear trend would be officially over, and this is a natural target for PLTR if it triggers the patterns mentioned in the 1h chart. But now it is too soon to trade it, as PLTR is a very dangerous stock and it is in a very delicate situation. Let’s keep PLTR in our radar and wait for a good reaction. If you liked this idea, remember to follow me to keep updated about my daily studies, and please, support this idea if it helped you! Thank you very much!
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by Nathan_The_Finance_Hydra
15