Palantir has seen an impressive break of 25 today and our belief is that bulls may defend this area and keep the run going. Growth stocks are holding so far and the fears in AMEX:KRE may subside, if so that should help the broader growth story. Good luck traders!
PLTR is testing a major pivot now after breaking out of a flag. Created a power earnings gap after the reported the last earnings and is now breaking out to new highs. If it can flip the resistance in the $26 range to support, we could see this explode much higher.
Assessing Palantir's quarterly and annual financial reports can provide insights into its profitability, revenue growth, and expense management.
Understanding trends in the technology sector and how data analytics are being adopted across industries can inform the long-term potential of Palantir.
It continues to expand its client base beyond the government and...
Palantir stock is set to pop in the next year as the tech firm erects an artificial intelligence "fortress" that will help it become one of the biggest players in the AI race in the coming decade, Wedbush Securities analysts wrote on Friday.
According to Wedbush's Dan Ives, Palantir is headed to $25 a share in the next 12 months. That represents a surge of 54%...
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...
This run up may be done with. We had a good rally, we broke the $21 resistance, but....The SP inclusion didn't pan out so Monday will see some down. What is your guess? Will we go down to $21 or $17? The $21 resistance should act as support now but markets can be irrational.
I'm introducing a long trade with an incredible RRR of 10:1 in Palantir. Let me explain this setup: Following surprisingly positive quarterly earnings, Palantir stock surged, leaving an upward gap of around 22%. Since then, many short-sellers have been trapped in their positions, hoping for a significant downward correction in Palantir. In our view, this hope is...
PLTR has earnings on February 5 while on the 120 minute chart, the price action is that of
a rising wedge with price compressing between a rising support trendline and a falling
resistance trendline the extension of the neckline of the head and shoulders pattern of
November. PLTR fell today and is near and above support. In a long trade, I see the target
as...
Bearish short-term, but Bullish longterm...
Palantir Technologies, Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United...
PLTR has exploded in February. It is also looking like finishing up the five wave sequence with an ending expanding diagonal pattern. There could be one more spike up before the sequence is over and we see a rather healthy retrace. the first leg of the retrace could be as explosive as the way up, followed by a bounce and another leg of drawn out accumulation...
This looks clean in Elliottwave terms.
Break of current levels would indicate to me the beggining of correction.
Not saying that the 5th wave labeled in yellow is a must done over and end,
Just logically, 1 = 5 and 3 is extended.
Expecting a healthy correction
