Keeley
2023-03-06

$Palantir Technologies Inc.(PLTR)$ #PLTR


Price consolidated since my last analysis. Price has shown signs of change of character and broke market structure to the upside. From here, I'm expecting a bullish retracement, potentially into the fair value gap at 10.85 before going lower. However, do note that price is also currently at the lower timeframe bearish POI. If price breaks market structure to the downside with increasing volume, we could see price going lower into the bullish POI at 6.38 while taking the sell-side liquidity built recently.


Headline news:

DJ | Palantir Technologies Cuts About 2% of Workforce

MW Palantir joins growing list of tech companies announcing layoffs


https://www.tradingview.com/chart/PLTR/wSZQ8RVV-PLTR-Analysis

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Comment（27）

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  • AfraSimon
    ·2023-03-07
    bears are shook. This is called consolidation. Nobody is selling. We are all buying. Lots of good news coming. To Jupiter we go very soon folks 🚀🚀🚀🚀🚀
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  • CyrilDavy
    ·2023-03-07
    people getting in now are getting in before bullish sentiment happens, analyst (crooks) will upgrade, profitability will be noticed more & price will increase
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  • JediGingerNinja
    ·2023-03-07
    layoffs due to tech advancements. there ain't no coming back! not for the people.. just for the profits.
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  • ChristKitto
    ·2023-03-07
    Everybody got scared of J Powell's speech tomorrow so they all panic sold. LOL. Scared money don't make money!
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  • DarkFate
    ·2023-03-06
    Like
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  • Noob6
    ·2023-03-06
    Ok
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  • ChiaZY
    ·2023-03-06
    Ok
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  • yyhwin
    ·2023-03-06
    Hi
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  • Cyberboyz
    ·2023-03-06
    Ok
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  • SpiDeY_UnLtD
    ·2023-03-06
    ok
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  • VinnieSim88
    ·2023-03-06
    [Miser]
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  • Huat77168
    ·2023-03-06
    [Smile]
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  • 377tkr
    ·2023-03-06
    Ok
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  • HeyU
    ·2023-03-06
    ok
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  • Roarhigher
    ·2023-03-06
    Ok
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  • pinacolada
    ·2023-03-06
    [smile]
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  • Sonsonkok
    ·2023-03-06
    Ok
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  • BennyTay
    ·2023-03-06
    😀
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  • Unclebin
    ·2023-03-06
    [Strong]
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  • Bioman21
    ·2023-03-06
    Good
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