The pennant is a continuation pattern (of the previous trend) so PLTR may be looking into a move to the upside sometime soon. The price moved up today and headed against the $26 resistance several times. It even broke above it but was not able to stay above that level. However, we closed the day for the second consecutive time above the 14-ema and 21-ema, which is...
Anyone else seeing this triangle pattern? MACD is moving up so we'll see if this pops.
Huge Bull Flag Target $48 - $50
iv been patiently waiting for this one to pull back, it has fallen lower than my initial thought of $25, so i am now watching to see if it bottoms in the range indicated on the chart, i suspect that with the RSI being on the over sold level and MacD showing signs of crossing, with the low sell volume on the profile, it'll have an easy recovery towards $26
Another stock that is stuck in a symmetric wedge or if I say pennant pattern also. For long play, once it breaks above the wedge, it can move to ~ 41. To protect losses for long play, the red solid line should be treated as a stop loss. Also, it's holding 20MA (green line) which is giving it a bullish sentiment. Disclaimer: I"m NOT a financial advisor. All...
PLTR is forming a triangle and also is at the bottom of an uptrend channel. The market is slow today, but when it will resume its uptrend, this stock could pop, nicely :) Expensive can get a lot more expensive, as many great traders used to say.
PLTR is a good long term purchase, it's prone to spike on any new contract acquisitions for the company. At this point we're just trying to find a dip, or buy when the price is the most boring (right now). There is this amazing trend line that can be drawn and i'm thinking it is the support for the next move. 27 has been an average price for a few days. I've...
Hello and welcome to another analysis ******* PLTR stock is in an uptrend, if the stock breaks point 28.03 it will continue the trend up to point 31.04 => And as I always say " you should not trade at any time , you have to trade at the right time possible " Thank you ATSELECTION
Continuation pattern, Bullish, Confirmed on multiple time frames. Only down side if it loses support at Red Line (25.33-25.69) could drop down to test 21 ma (Yellow Line)
Lmk what ya'll think about this analysis. PLTR currently taking a break from uptrend, engaged in a elliot triangle wave, currently at (C); i do think it will go to D then E before breaking out; new to chart analysis but I can (kinda) see an ascending triangle also; lmk your thoughts guys thanks