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PLTR

PLTR : Big Resistances.Palantir recently published its Q3 results on Nov. 9, posting sales that came in ahead of the market's expectations. The company recorded revenue of $392.1 million in the quarter and non-GAAP (adjusted) earnings per share of $0.04. Earnings for the period were in line with the average analyst target, but sales beat the analyst consensus by $5.54 million. The big data analytics specialist also raised its free cash flow (FCF) target for the full-year period, but that wasn't enough to stop the stock from selling off following the earnings report. But Still this doesn't work in its favors and drop down from resistances 28$ mark to 22$ mark. If it able to hold this position then we can see a up trend towards 28$ mark but if it keep moving down then 20$ is a good support for this. Previous Analysis. If you agree then like idea and support me. Mention your ideas in comment :)
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by only123456
PLTR Q3 POST EARNINGS (SWING TRADE) NYSE:PLTR Hello everyone! So I recently got the time to learn more about PLTR stock and I am quite bullish on this stock. Despite the fantastic Q3 earnings result, this stock has got beaten down >10% and ARK has loaded up more shares with this dip. In this post, I will be going through my technical analysis on PLTR and why I think a bounce will be due soon. (Disclaimer: I have a long position in this stock) 1) Price is touching the long-term uptrend line drawn since IPO. It has bounced off nicely once previously on 12th May 2021(Marked red circle) 2) Price is touching the lower Bollinger band and too stretched out with the recent sharp dip 3) Price is hovering around the Fibonacci Retracement level of 0.618 which also happens to be near the uptrend line and lower Bollinger band, giving a cross-confirmation 4) Regular Bullish Divergence can also be spotted on both Daily and 4H timeframe, signaling that a bullish move may be due soon PLTR is a great stock and if the price does continue to fall, I would expect it to find support at around the $20.5 area as drawn (Marked purple rectangle) which a rough downside of -10.1% as compared to a potential upside of 18.4%, hitting the area of resistance where I would expect the price to be met with selling demand (Marked purple rectangle). Cheers, just my two cents!
PLong
by TraitsOfTrades
PalantirPalantir engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. It offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. (Via Robinhood). I'm big on the defense sector and knowing how much the government trusts this company I need to take a deeper look. The main thing that impressed me with Palantir outside of their general scope of business was the attractiveness of the Hedge Funds that has this in their portfolio. I normally don't bank on things like this. However, Vanguard (5%), Blackrock (4%), and State Street (1%) has this in portfolio. I do need to do more research on this company I will admit, but I'm confident that we are at a good price now for a good profit down the line (1 year or more out). Looking at the chart, looks like we on a retracement to the upside with a recent bear flag breakout. On the 15 min TF (This is the daily) there is a gap that needs to be filled around $23.66 It also seems as if price wants to break past the 20/50 ema if it does reach that gap which would be a good thing for shareholders. As I do more research, I will up my consideration! What do you think? Like, Follow, Agree, Disagree!
PLong
by Redimere_91
6
GNW - THE MOST UNDERVALUED COMPANY IN THE MARKET? MIND BOGGLING All, Lets get down to the financials on this one. Outside the fact this is absolutely going to break here with this bullish ascending tri. I mean take a look at P/B at 0.14... Price to Free Cash Flow ... 2?!?! I mean forward P/E is 4.98? THEY HAVE 1BILL REV AND NET MARGINS LOL @$4. SOME COMAPNIES WITH WORSE FINANCIALS THEN THIS TRADE AT $15-$55 ON HIGH END. Summaries -EPS has not only grown over 5 years but even gotten better exponentially now. -Price to free cash flow is essentially what Buffett looks for I mean holy hell not to mention P/B puts this as 1/10th undervalued (even though PB is an older valuation usage still) Highlights -P/S 0.25 -P/B 0.14 -P/FCF 2.06 -EPS past 5Y 40.10% -EPS Q/Q 651.30% These financials are real.. and disturbing this somehow is trading at $4 Negatives (about one) -Float 500M (hard to move but does have options) Positives Market Cap 2.13B Income 1.02B Sales 8.36B Book/sh 29.91 Cash/sh 4.47 P/E 2.19 Forward P/E 4.98 PEG 0.44 P/S 0.25 P/B 0.14 P/C 0.96 P/FCF 2.06 EPS EPS next 5Y 5.00% EPS past 5Y 40.10% Sales past 5Y 0.20% Sales Q/Q 1.90% EPS Q/Q 651.30%
NYSE:GNWLong
by DigitalData
Palantir could go down to 21 once again!The current chart setup shows Palantir could go down to 21 once again! But do not forget to add it to your portfolio if you see a reversal pattern at 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 nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
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by Moshkelgosha
$PLTR Palantir Technologies is at critical levels$PLTR is at a critical level here, basically hitting the IPO demand line without making a higher high before. That demand line better holds, so PLTR continues to make higher lows, if it breaks, look for support at the .618 retrace at around 22.50$ Below that, we have a little bit of history in the chart at around 21$ and the psychological support at 20$. If we get a major selloff though, look for $PLTR making at least a higher low than $ 17.06, which marks the low of Mai 11th
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by 10xTrading
Every Traders and Analysts should know their Limitations!In this article, I would like to review some of my best trades in the past 2 months! My goal is to talk about earnings and how unpredictable their outcome could be. In the past few months, I have tried to find reliable methods to predict the price movement after the earnings! Unfortunately, I did not find any reliable and fairly accurate method so far! Having said that, I prefer to stay out of trades before earnings to manage the risk of exposure to big gaps! I do this because I know it is in my favor in the long term! For example, I opened a perfect entry at 125.5 for Qualcomm, and closed with a +7.66% gain before the earning! It popped with +12% after earnings! Should I regret it? My answer is NO, I am actually very proud of this trade, although I missed the bigger chunk of profits in this trade, my decision was right in Palantir and AMC case! PLTR: trade closed with +10% in 21 days AMC: trade closed with +26% in 4 days Also, I prevent a catastrophe in PYPL: closing with a -2.16% loss. But why should I be proud of my trade? I think any trader needs to define his rules and follow the rules! In the long term, those who do not follow their rules will have the same result, most of them will fail..! How did I decide to not hold my positions during earning calls? I apply one of the game theory rules! Minimax In game theory, minimax is a decision rule used to minimize the worst-case potential loss; in other words, a player considers all of the best opponent responses to his strategies and selects the strategy such that the opponent's best strategy gives a payoff as large as possible. The name "minimax" comes from minimizing the loss involved when the opponent selects the strategy that gives maximum loss and is useful in analyzing the first player's decisions both when the players move sequentially and when the players move simultaneously. In the latter case, minimax may give a Nash equilibrium of the game if some additional conditions hold. Minimax is also useful in combinatorial games, in which every position is assigned a payoff. The simplest example is assigning a "1" to a winning position and "-1" to a losing one, but as this is difficult to calculate for all but the simplest games, intermediate evaluations (specifically chosen for the game in question) are generally necessary. In this context, the goal of the first player is to maximize the evaluation of the position, and the goal of the second player is to minimize the evaluation of the position, so the minimax rule applies. This, in essence, is how computers approach games like chess and Go, though various computational improvements are possible to the "naive" implementation of minimax. (Brilliant) Minimax has many applications: In game theory or decision making, a tactic in which individuals attempt either to minimize their own maximum losses or to reduce the most an opponent will gain. For example, a health researcher may propose an intervention that would be the least aversive treatment for a serious disease, thereby minimizing the adverse effects patients may expect to experience as a result of the disease. I can apply what I learned in med school to the market! When should you use Minimax in trading? The answer is simple: Always..! Actually, Minimax is the mathematical reason behind using stop loss! I think I do not need to talk about the importance of stop-loss, I just want to mention WD Gann quote about stop loss: "Stop loss orders are a trader's best friend." Price Gap: Generally speaking, stock prices experience a price gap after earnings! makes it very hard to execute your stop loss without slippage if you are on the wrong side of the trade! this slippage could harm your overall performance in long term as a trader! Decision-making in the presence of uncertainty. Minimax, as the name suggests, is a method in decision theory for minimizing the maximum loss. Alternatively, it can be thought of as maximizing the minimum gain, which is also known as Maximin. It all started from a two-player zero-sum game theory, covering both the cases where players take alternate moves and those where they made simultaneous moves. It has also been extended to more complex games and to general decision-making in the presence of uncertainty. Stock Market is a Non-zero-sum game, While options are a zero-sum game! To wrap it up, you should use minimax when your opponent is very sophisticated and its activities are very unpredictable! No need to say that market is very sophisticated and unpredictable! "Why do you think the same five guys make it to the final table of the World Series of Poker EVERY YEAR? What, are they the luckiest guys in Las Vegas?" -Mike McDermot, 'Rounders'. Reference articles: brilliant.org dictionary.apa.org uh.edu becominghuman.ai
PEducation
by Moshkelgosha
6
A review on top mentioned WSB plays..!In this analysis, I will try to cover 12 Top mentioned tickers on WSB Reddit for the coming week! Rank 1: TSLA: Elon Musk is going to sell, why shouldn't others do the same? Rank 2: SPY: correction is highly likely..! 2-5% Rank 3: CLF: After 17% correction in the past 2 weeks could benefit from the infrastructure passed bill..! (possible bullish move) Rank 4: GME: After getting out of consolidation reached the primary target and could go sideways for a while! Rank 5: NIO: This week has earning calls, and I do not know any reliable method to predict the outcome! Rank 6: QQQ: in premarket it is already negative! possible correction! Rank 7: NVDA: 300-312 will be the resistance level to watch! Rank 8: LCID: if manage to pass 44 could go to the 60-64 and become the 6 biggest Automaker above GM and Ford, seems absurd but possible! Rank 9: PLTR: This week's earnings will push it out of consolidation! Rank 10: PTON: after disappointing earnings and a 35% decline, it could even go lower to 50-49 level! Rank 11: IWM: small-caps has just got out of consolidation after 9 months! a pullback could be a possible scenario! Rank 12: PYPL: after a 27% decline, the earnings call this week could do anything to it. I do not know any reliable method to predict the outcome! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/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.
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by Moshkelgosha
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$PLTR The turtle wins the race!Another view for PLTR, its been trading inside channel for 7 months. Founders put lot of selling pressure on the stock as 179,881,132 OPTIONS expire through Dec2022 so they have to exercise! Karp sells almost every other week this last year (2m shares each time).Slow climb over the next year if we stay inside this channel. Any major catalyst from the company might push us out of the channel for a next leg up....and vice versa of course. PT $44 EOY'22 if we don't break out channel
PLong
by foobaring
PLTR: Could it CRASH next? Let's see.Hello traders and investors! Let’s see how PLTR is doing today! As we can see in the 1h chart, PLTR is in a slow bull trend, doing higher highs/lows, always respecting the red line (while it ignores the 21 ema). It seems the green line at $ 26.74 area is a ceiling for PLTR, and a resistance it must break in order to resume the trend. The area between this green red lines is called “Trap Zone”. The price will get squeezed in a tighter area as the time passes, and sooner or later, it’ll explode, we just don’t know it will be upwards or downwards. The chances are that it’ll explode upwards, as it follows the main bullish trend. Now, let’s the daily chart: Last time PLTR retested the red line in the 1h chart was at the same say it retested the 21 ema in the daily chart, which is a much more reliable support level in this time frame. This made the area around the $ 25 a Dual-Support level, and a key point for PLTR. Next week we’ll see its earnings, and this surely will bring some volatility. Last time it reported earnings, it went up a lot, and I’m curious to see how it’ll react next week. As long as we keep above the 21 ema, the trend will remain bullish. If you liked this analysis, remember to follow me to keep in touch with my daily updates on stocks and indices. All the best to you.
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by Nathan_The_Finance_Hydra
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