I have been accumulating QS for a while now and I will admit that I have had to average down a few times. The chart has been hard to read and has been manipulated many times to throw people like me off their scent. But I believe this stock is being accumulated just like PLTR was. Both stocks chart also show a lot of similarities and I have added PLTR fractal. I...
A Major Bearish Head & Shoulder has formed. Short at the crack of the neckline. Remember the measured downside = the height from the head to the neckline which is at about $19. There is is also a MAJOR GAP that needs to be filled at around $17, so watch for a continuation for a sell off after the 1st price target has hit at around $19
PLTR is bearish on its 1D technical outlook (RSI = 33.299, MACD = -0.640, ADX = 35.931) as it trades under its 1D MA50 and today reached the 1D MA100 for the first time since February 5th. Even though the 1 year Channel Up still has some downside to bottom on its 1D MA200, this is technically the best buy opportunity since the January 31st low as the 1D RSI...
I've put a lot of thought into this one. This chart is in log mode as the wide range of prices covered are smoothed and reveal the potential true picture. I give a primary bullish scenario but caveat with multiple different potential outcomes given certain price actions. Trade at your own risk. As you can see, PLTR put in a significant top near the 61.8%...
PLTR services DOD and military contractors which is a growth industry given current geopolitical backdrops. I see this as an opportune time to buy the dip which is a healthy correction from a recent trend up. The idea is illustrated on this 120 minute chart with targets and stop loss.
Unveiling a Strategic Partnership In a bold move destined to reshape the landscape of artificial intelligence (AI) and cloud computing services, Palantir Technologies ( NYSE:PLTR ) and Oracle ( NYSE:ORCL ) have announced a groundbreaking partnership. This strategic alliance heralds a new era of innovation and efficiency, promising to revolutionize how businesses...
Upon closer reevaluation of Palantir, we continue to believe that we have not yet completed Wave (2) and that the price should not continue to rise. Our initial hypothesis was invalidated; we first expected to see Wave 5 at $19. Now, we assume Wave 5, or rather Wave (1), at $21.85, having developed Waves A and B, with Wave B at $25.69. This should also form our...
Palantir Technologies (NYSE: NYSE:PLTR ) has been on a wild ride in the stock market, experiencing both exhilarating highs and nerve-wracking lows. The latest twist in this rollercoaster journey comes with an analyst downgrade from Monness, Crespi, Hardt & Co., sending the stock plummeting by 6%. The reason? An 'Unprecedented Generative AI Hype Cycle' that has...
PLTR is stuck in a range. Distribution patterns are forming. RSI is holding on to a critical level. Good new out there is not making any dent to the price action. The ticker has a history of falling off the cliff after being range bound. EW count is suggesting a full 5 wave sequence is complete. So, basically it is time to hurry up and wait. PLTR has just...
With the rejection of $21, NYSE:PLTR looks set to fall to new lows. I think it's likely that we're going to sweep the lows at $8 and keep falling from there to a final target of $1-2. This will likely take place at some point in the back half of 2024 and should present a great buying opportunity once it gets down to those levels. Let's see what happens over...
Brief analysis of PLTR It breaks out its resistance level on 6 March 2024 It begins to retreat on 7 March 2024 up to date and breaks its support at 25.49. Break out, retrace and pending continuation to confirm its break out on 6 March 2024 My view is that it's still a hold for me unless it breaks my CL price 24.53 TheFollower 12 March 2024
NYSE:PLTR Weekly Chart Double Top Pierce, to break through this, wait for bullish consolidation. A "Double Top" in technical analysis refers to a chart pattern that occurs when a security's price forms two consecutive peaks at a similar level, separated by a trough. It typically signifies a potential trend reversal from an uptrend to a downtrend. In the case of...
See my work of math art. I plot estimates of value over time. If you can visualize, it helps with understanding. Investors first must understand 3 things: does it make money now? will it make more money later? how is the company funded? Avoid money losers. Avoid companies that cant scale or grow. Avoid balance sheets that are weak or rotted with debt.
Palantir Technologies ( NYSE:PLTR ) has secured a lucrative $178 million contract with the U.S. Army for Project TITAN, a cutting-edge battlefield system powered by artificial intelligence. This groundbreaking development has sent shockwaves through both the defense and technology sectors, propelling NYSE:PLTR stock to new heights. Project TITAN, aptly named...
In our detailed examination of the daily chart for Palantir Technologies, we've uncovered the development of a 5-wave cycle culminating in our significant Wave (1). We are currently navigating through Wave (2), which appears to be shaping up as an expanded Flat Correction. Closer analysis suggests that the extent to which Wave B overshoots should directly...
CRWD reports on March 4th in the meanwhile in it is shown here on a 15 minute chart with a Bollinger Band overlay. Price has trended from the upper bands down through the middle line into the lower inner and outer bands where a reversal took place at the level of the mean anchored VWAP band where the price fall was rejected with good support and wick...
SNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom has begun and I have the idea that I should join. My pre-earnings play was closed going into the earnings in the high liquidity that proceeds it. I got my ask price on that...
KEEP SL AT 14.50 seeing some accumulation , keep things tight