First stop is 458 based on first 1.61 Fib extension. However I believe bullish sentiment will continue prior to inauguration to the next level at 650 prior to wave 4. Not trading advise but wave 3 is typically the longest and strongest.
It's been an unbelievable ride. Since beginning investing in Palantir back in 2020 I would have never imagined getting to this price point so soon, partly because theres no justification for it. However, I also didn't expect the AI sentiment would have gotten so strong so quickly. We can thank NASDAQ:NVDA for that I suspect. Based on Fibonacci extensions...
We're looking at an Expanded Flat correction in Wave 2, with Wave C forming a Complex Corrective ABCDE triangle pattern After breaking down from the triangle pattern, Wave C is likely to terminate near major support levels (~$7.50-$6). Implications for Wave (3): Once Wave (2) concludes, a powerful impulsive Wave (3) is expected, with targets...
Strictly off a long term investor perspective, and not a trade idea. I buy companies I know will be successful in the future... And do technical analysis for fun. We are entering in the final 5th leg of an impulse wave with a clear break on the monthly timeline out of the bull wedge pattern that has lasted 4+ years (e.g. "corrective wave 4") If you wanted an...
gap fill incoming Bullish Technical sentiment: - Potentially forming a cup and handle. - Within and rising wedge Fundamental Sentiment; - Expanding from battery safety into nuclear energy safety products - Obtained contract with US Navy (notoriously very difficult to acquire), among others Good luck all.
Legging up one more time... Some bullish divergence on the 4 hour. Decreased selling volume. 78 would be 423.6% of the 3 wave we're currently in.
We're just getting started. Based on wave theory we're technically on wave 3 of our impulse moves (which is always the strongest). We may reach 68 or even 78-80 for a 423.6% extension before correction wave 4. From there, I believe 2025 will continue to be a bullish year and the final wave 5 will take us to further heights, at least to 120-140 The thesis for...
Working our way up to a resistance line that has never been broken. Are we entering a new age of AI and abundance? Or not yet? Or not at all?
In this bearish divergence signal - it shows the price making an equal high while the oscillator makes a lower high. This signals less buy side pressure. Simultaneously were hitting a long term resistance at this point. Price may want to come down and retest bottom of the rising wedge we find ourselves in. From that point, another analysis is needed.
PLTR is on a tear officially breaking out of rising wedge (with a retest!) Get ready for new all time highs palantarians. Comment below with your cost average and why you think we can go past 45?
40 dollars is so close and also I think that's where we're heading in the short term. I do however think that the market has been pricing in rate cuts for September. They're satisfied and could possibly begin to take their profits. Time will tell. This is short term correctional sentiment but the market is still very strong and I think we have another year+ in...
$515 -520 is not out of the question. At this stage we'll have made just about 10% correction. Technically, it's possible to continue but I think this market overall is strong, and we may likely continue with the overall trend upward. I'd consider compiling your favorite companies and preparing buy orders. Best of luck!
Short term turbulence for the month of September. Today was the worst first week of September in a long time. Sign of sentiment to come, in the short term, perhaps? Happy Friday
If there was ever a time to get your positions in before a serious rally, go ahead and prepare yourselves. Based on current projections, it looks as though we have the ability to enter into a final impulse wave. If Tesla executes on a fundamental basis, I do believe there's no stopping it. We are in the final move of our corrective phase, and coiling. Don't try...
Disney will be the last to stop this terrible ideology, and therefore the breakdown will be prolonged. Nevertheless, $45 here we come .
I've been patiently waiting to buy HOOD, but never felt comfortable with the price point. I think I'll finally get my opportunity!... We are potentially half-way through a corrective wave that typically follows an impulse move upward. September, historically, has been known to be a down month. I've charted what looks to be a textbook example of some Elliot...
Long way out before this one looks like a buy. $14 would be a good place to buy strictly on the technical basis. This would allow a nice position for reversal - Both taking advantage of the high dividend as well as a strong value position.
This is coming strictly from an investor, not a trader. The way I see this chart... it's making me feel the same way I feel when I wake up to relieve myself in the morning get the chills. No major risk for me as I'm a long term holder, but I'm buying as much as fiscally-responsibly possible in this range. Come earnings, I believe the market will be all over...