Palantir sidewayAI investments will be continuing to grow. Companies may wait until the rates drop before making any more purchases, possible continuation of the pennant until we see more decisive sales.
PLTR trade ideas
$PLTR has a Short look to itNYSE:PLTR has a vulnerable look to it here if it doesn't find buyers very soon.
AI so far hasn't showed up to save this one.
Looks more like going lower vs higher.
PLTR update. January 3rd is an important date.. potential playthe cup and handle serves us well, hope you make some money. bye!
PALANTIR Stock Chart Fibonacci Analysis 121623 Trading idea - Entry point > 18.5/61.80%
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 18.5/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
palantir on the downPalantir Technologies is a public American company that specializes in big data analytics. The company’s stock has been volatile in the past, and some investors believe that it is overvalued. Additionally, the company’s listing on the Nasdaq Global Select Market is currently in question due to the exchange’s disapproval of the company’s plan to consolidate the financial results of Canopy USA at one point. If Canopy chooses to continue with its plan and speed up its entry into the U.S. cannabis market, its listing on Nasdaq could be in jeopardy
PALANTIR Buy opportunities within the Channel Up.Palantir (PLTR) is trading within a 16-month Channel Up and is right now below the 1D MA50 (blue trend-line) and above the Channel's median. Once the 1D RSI hits again the Support Zone, it will be a buy opportunity again (assuming it also hits the Channel's median). The previous Bullish Leg on the median rose by 58.85%. As a result our target will be $25.00.
This trade will be invalidated if the price breaks below the 1D MA200 (orange trend-line). In this case, we will wait until the stock approaches the bottom (Higher Lows trend-line) of the Channel Up again. The previous Bullish Leg on the Channel's bottom rose by +136.50%, which is marginally above the $25.00 target.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Breakout of the triangle. Waiting for the pullback.On the chart, the D1 support level is visible. Just before it, a triangle has formed. This indicates a slowing down of the price.
Subsequently, this triangle was broken. At the same time, a morning star candlestick formation appeared on D1.
One of the possible scenarios I will be waiting for is a pullback to the area indicated on the chart. Then, if the price rally continues up to the next resistance, there is a chance to capture as much as an R:R of 5:1.
Go up to trend or crah filling gap to supportTitle says it all, act on what you see.
It is bellow 200 rsi- sell signal.
Watch for if it bounce back above rsi and this one goes back to 22$.
If not it will fall to 14.6$.
Waiting patiently PLTR reversal
Watching for the reversal sign on PLTR
The Z-score is on of the most accurate indicators that I have seen
Alarms set
$PLTR - Palantir extremly oversold on the Weekly. Time to BUY!!?TA on NYSE:PLTR as some traders seem worried about this steep selloff the last 3 trading days. Also, briefly discussing the fundamentals of the Company. #AlexKarp
PLTR - Showing strength again
Held 18.50 again and printed a green candle at the previous high around 20
Another test and hold of that level could trigger a squeeze to 23.
I added more at 20 yesterday and will add above 20 if it continues to build. It can reach 28 on next upward move.
Close below will invalidate this hypothesis.
PLTR Failed Breakout Reset?NYSE:PLTR Failed Breakout Reset?
Doesn't look quite right. Would like to see it shake out here. Probably goes without me.
$PLTR At Resistance Price 20.24NYSE:PLTR , trading at a resistance price of $20.24, is at a pivotal point where the interests of bulls and bears converge. Bulls are hoping for Palantir to undergo a period of consolidation at this level, which could build the necessary momentum to break above the resistance, marked by the blue line on the chart. Conversely, bears are looking for a sharp reversal from this point, indicating a potential downtrend. The longer NYSE:PLTR remains at this resistance level and consolidates, the greater the likelihood it could break through, shifting the advantage to the bulls.
PLTR support and resistance levelsPrice is expected to move up a bit followed by a possible rejection to the downside. The ~14 may see strong support.
If price is not rejected - things get interesting. We can see a major breakout to the upside.
PLTRPLTR: It’s possible that wave 1 has concluded and the stock is now in corrective wave 2. I anticipate a period of consolidation before the subsequent upward movement. Strong support @12-15
Pltr analysis December looks very promising if we manage to get above 21 and find support we can easily see $30
Weekly cup & handle Monthly bull flag playing
PLTR: a clearer understanding and less volatile PLTR has come a long way from speculation and misunderstanding. I have been following PLTR from it's IPO and have been happy to see that the mainstream is open to listening and hearing the leaders of the company break down the importance of their mission and product, and have thus far succeeded (not without serious pushback). The difference between this year and last year with the stock price is that we have a clear understanding of the bottom and have solidified ourselves with great support. From here on our were in upward channels. The price may go down but zooming out allows us to know that isn't really the case. My perspective is of a long term mentality. No trade advise accept the tried and true "buy low". And the price may go low again for another opportunity. Don't let the mainstream negative noise affect your conviction. It's very clear this is a game changing company.
PLTR to $30+ ? (Cup and handle)What do you think?
Do we have a cup and handle setting on weekly for Palantir?
PLTR - No Brainer
Showed strength on the latest decline. I got in at 15.30.
All EMAs UP +++
Strong volume shelf at 15 ++
Likely to push to 22 before pull-back. New pivot there would set this up for another big run into the Christmas.
What's In The Box? An observance Of PLTR Price action patterns.Here we have a fib channel. I have removed most of my other levels and only left the relevant ones in order to clean up this idea.
It appears there is a pattern to PLTR price action under certain conditions.
When PLTR is oversold on the RSI(see light blue line the blue arrows point to) and rejects the 707(pink line) channel level it retraces to the 382(light green line) level, bounces and proceeds up to the golden pocket(orange and yellow lines) where it rejects and then breaks down below the 382.
NOTE: I noticed this earlier in the day while the market was open but did not chart it out and publish until after I left the gym. The price action in the after market has brought it down almost to the 382 level mentioned. Close enough to bounce even. Let's see if this pattern plays out.
This is not financial advice or a "play."
#PLTR #Palentire #AI
Be Cautious On Palantir🫨Hello Traders,
My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻
-------------------------------------------------------------------
➡️In today's video, I will analyse Palantir for you🫡
-------------------------------------------------------------------
➡️Let me know your opinion about today's analysis in the comments below👇
➡️I will only enter a trading position if ALL of my trading criterias are met!
Keep your long term vision!
P.S. Trading is risky and most beginner traders lose money!
PLTR: Big probability of uptrendOn PLTR as you see on the chart we will have a hight probability to have an uptrend because we have many springs effects on vwap indicator and also the support line and we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
