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PLTR

PLTR Entry Under 25$PLTR has been beaten down from its ATH of 45$ which is largely due to the state of a volatile bond/stock market. PLTR is an incredible company that dominates its industry and has also diversified its revenue streams away from government contracts towards the private sector. Famous growth investor Cathie Woods has also been buying the dip heavily on PLTR which signals to me that she believes that it is massively undervalued. PLTR has been trading in the 23$-25$ for the past week showing a possible bottom for it. After the suspension of the shareholder lock up, as well as positive retail investor sentiment, and massive growth potential, I see PLTR retesting its high of 45$ in March, nearly doubling from its current price. This is not financial advice, I am not advocating the buying or selling of PLTR stock.
PLong
by kediguy
1
PLTR Falling wedge pattern! Look for a reversal!$PLTR Palantir Tech Price Targets: 1. $27 2. $29 3. $32 PLTR has been seeing some strong declines over the past month making lower lows and lower highs and formed a classic falling wedge which is a bullish pattern. There is a divergence in RSI (was below 30 for the past few days) and RSI is currently around 45 again divergence in RSI is also a potential bullish signal. PLTR broke out of wedge in the opposite direction today which is a sign of a reversal. Volume is relatively low. Need a good volume confirmation before opening a long position. Good luck and trade smart! (not a financial advice)
PLong
by faridisayev
1
PLTR Falling Wedge ReversalPalantir got beat down this week due to the broad selling in every sector but is still a high growth, fundamentally strong stock to have. We see a falling wedge reversal pattern forming, ranging in a tight cone from the past couple of days. After hours, news dropped that Cathie Woods from ARK was buying, which lifted shares up almost 3%, and is currently trying to break out of the wedge. RSI looks healthy after cooling off on all time frames proving that PLTR is oversold. We are in PLTR spreads, and are waiting for a confirmation break out of the wedge. Entry Above 24.4, PT1 27.3, PT2 30.1, LT PT 45+, SL below 22.7
PLong
by Samirp01
4
BUY THE DIP | READY TO POP $PLTRPalantir is primed for another run, will you tag along? - Waiting for a strong confirmation on Monday to confirm but PLTR is looking beautiful into this close... Tag along for some Easy Loot! - PLTR is reacting to a key level at $22.59 as it looks to hold it as support. Today we seemed to have made our first test, would like to see a nice bounce Monday will confirm stronger support (bounce 4-5%). After we should see a nice run toward $31.5 to test as resistance before blowing past. After we bounce & breakout: Target: Long HODL (NEVER SELL) 2rd Target: $31.5 3nd Target: $37.98 Easy Loot Speculation $80-$120 minimum within next 5 years DCJ
PLong
by DotcomJack
2
Bullish Divergence on the MACDBeginner Friendly I love to see bullish divergence on the MACD(moving average convergence divergence) indicator. It usually always makes a bullish cross to the upside :) Bullish Divergence: To put it simple, when price action is making lower lows while the MACD is making higher lows, its considered bullish divergence. This is a good indication that a trend reversal is about to happen. Of course no one indicator is 100% accurate, so make sure to also evaluate the sentiment of the market/stock. I like to pair this indicator with the RSI (relative strength index) to get a better idea on where I should position myself in the trade. For example, lets take this PLTR chart: Price Action is falling (making lower lows) The MACD indicator is rising (making higher lows) There was a bounce off of the support line as the MACD is crossing up The RSI indicator is pretty low indicating that the stock is oversold These make great conditions for a trend reversal. I would only take this trade once the cross is complete because remember, no indicator is 100% accurate. As stated in my previous post, I wont be hopping into this trade until a trend reversal is signaled because the market is too mixed for me. I found a really awesome post that will help you understand different type of divergence's ---> Types Of Divergence Thanks for reading, leave a comment and me know what you think!
PLong
by diamondparker
2