IF your an advanced trader and good at charting, you likely won't find this information useful. In the future, I'll have more educational posts that go in depth, but this one is for the newbies. STEP 1 - Find your gaps (circled in blue) ONLY MARK GAPS THAT HAVE YET TO CLOSE STEP 2 - MARK your GAPS with a Horizontal Line (alt + h) STEP 3 - DUPLICATE your...
Seeing a Cup & Handle on weekly on PLTR . should spike soon. Cheers.
A H&S has formed on the daily chart, this time it has broken below the neckline that has been succesfully retested with declining volumes during the formation of the pattern. So far a textbook H&S contrary to the previous one i published who never broke below the neckline. The potential drop of roughly 20% would be right on the 19$ GAP area and right around the...
Because it continuously fails the 9day MA; I think the 200day MA (white line) is more likely an entry. I'm cautiously bullish on NYSE:PLTR but this huge market bullrun this year makes the need for good entries ultra competitive. I would start buying NYSE:PLTR around $20 (maybe) depending on my capital availability; and I would use short credit puts below $19...
PLTR now go so far it will go back before it continuous to go up and it is good time to buy. now the chart made head and shoulder that is bearish Pattern.
Unveiling a Strategic Partnership In a bold move destined to reshape the landscape of artificial intelligence (AI) and cloud computing services, Palantir Technologies ( NYSE:PLTR ) and Oracle ( NYSE:ORCL ) have announced a groundbreaking partnership. This strategic alliance heralds a new era of innovation and efficiency, promising to revolutionize how businesses...
Palantir reached higher high but now a down move is coming heading to the bottom of green channel First target will be around 22$ where a bounce can happen
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...
In the long term, I am very bullish on the stock. But now we can expect a correction, and that is normally ok. Just short the stock, and make some money, but do not be too greedy.
Head and shoulders seems to have been activated. I believe we could drop and potentially fill the gap prior to earnings. I see this as a good buying opportunity for me. This is coming from a long term investor. This is not a trade nor is it trade advise.
We might see a downward move here until VO -23% on daily then we will have a kind of fluctuation that makes a diamond pattern leading to a higher range of price
PLTR has formed a perfect head and shoulders formation and is currently approaching the neckline in perfect timing for entry!!!
Contrary to the recent comments from James Cramer that he "liked" Plantir, every stock has its season ... and appears it's Winter time for this one ... and simply "liking" a stock doesn't mean you should buy it!! I charted this guy out in about 10-15 minutes after a large iced mocha ;) Inspiration early in the morning is key; just say'n. Using key Fibonacci...
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...
LTR could potentially reach a range of 40 to 45 by December 2024, a level previously seen in January 2021. The area between 22 and 24 is noteworthy, offering a balanced risk-reward. Continuation of the upward trend may be sustained as long as the stock holds above 22
Technical: Coiling up from recent high and low VWAP (yellow lines), a move out of this will be powerful News: The software primarily focused on government agencies, while their AIP platform is now accessible to various businesses. With Palantir achieving GAAP profitability, they are now qualified to be included in the S&P 500. This development could serve as a...
NYSE:PLTR ▹Weakness on 1d & 1W timeframes. ▹Volume shelf + decreasing volume. ▹Bear flag + H&S on the daily TF. My targets are: ➳ 23.00 ➳ 21.50 ➳ 20.20. I'd enter 21 Jun $25 puts. Daily chart: Weekly chart:
Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on today’s chart is the pair of rallies after the last two quarterly reports. Those may reflect increasingly bullish sentiment toward the software company. Second, PLTR jumped to its...