Forward Mark Order with airSlate SignNow

Forward mark order

welcome to belmont capital before the video gets started i just want to thank everybody for you guys continued support on the channel man you guys have shown tremendous support so take a second do the same to this video for palantir drop a like drop a comment let me know if you think palantir goes right back to that 40 mark let me know if you think palantir is 100 stock by the end of the year drop it down below take a second comment and like the video now if you're new here take a second subscribe the channel go check out our patreon link in the description get on our discord our private discord is pretty fun take a second go join five bucks a month gets you in nine bucks to get our holdings on a daily basis all the options that we're doing all of our long-term short-term and pre-built portfolios 20 bucks to get in on those investor calls on a weekly basis and wario's diamond you guys aren't allowed in sorry so let's take a second dive in palantir pltr reaching an all-time high today to 39.58 absolutely just rocketing both on the news of andrew left getting screwed over on gamestop andrew left being one of the big drivers on the downside for palantir if you guys did not know he shorted this stock back when it was 33 back at the old all-time high and from there it's just been pretty much a bloodbath you know we haven't seen many positive days on palantir it's been real shaky ever since then but after it broke down and broke out of that diamond pattern that wedge pattern that we've seen form over the past three months it's been a very good day very good week and a very good few trading days so friday was tremendous and now today yet another tremendous day in the markets and palantir taking full advantage of it 11 and a half percent and reaching that 40 mark pretty closely so obviously we're gonna have a wall here at 40. now how hard does this break through we don't really know yet because we haven't tested that price yet but i'm sure it's gonna be you know very hard a lot of people probably have their limit order set there to dump this stock which may or may not be a bad idea so let's take a look here overall we're reaching a high on intraday trading at that 39.58 but all your resistance is going to come in here on this huge wall at 37 even now we broke in and out through and below this throughout that early morning hours until that market tanked but palantir actually taking a nice recovery you only had one candle bar down to the low at 29.51 from there rebounding very quickly to a low on the day really where the support's going to come in is that this 32 even now we can draw this level down here in at 29.50 29.60 but it's really not going to matter going forward so where's all the support come in on the top end well it's going to come in here right where we're currently trading at 36 even this is where we saw all the resistance in pre-market and this is where we're testing right now so does it hold its support uh well it probably won't it'll probably drop down below here and then continue into the after hours later but overall that's gonna be your support level and then from there right here at 33.56 is your next level going into the next trading day but i don't think you have to worry about that really macd turning very bullish here into the close and volume tremendous to say the least i mean we had a huge volume come in on friday but today we spoke we spiked up to 25 million in the first 15 minutes of trading which is insane for palantir so do we see it continue do we see the volume continue to rise and continue to trade higher i think so i think that tomorrow's gonna be a huge day in the markets we had a lot of market instability today and that's what we see in this whole market crash is that you know you had a lot of stocks just tank following gamestop and their whole of trading so you know gamestop gets halted and then the whole market pretty much just tanks on this instability and hitting pretty much all the tech sectors hitting an all-time high and then from there it's going to be a profit taking you know joe biden coming out and speaking there's news about stimulus may not get it passed so all those factors leading in and all pretty much being realized right at the same time so the whole market just tanked overall and it created you know a snowball effect on the downside breaking through all support levels so the question is do we hold these support levels tomorrow do we continue to gain do we get more uh reassurance in the market more buyers coming in i think very much so uh now you did have a lot of people uh probably lose their accounts today which is unfortunate but you know that's what happens when you sell it low and you buy high so always buy the dips now any dip today that you got in obviously a huge buying opportunity we watch it live with our discord members and we said man this is going to be a buying opportunity this is going to recover this is not you know substantiated news in order to you know continue down downside so that's exactly what we saw throughout intraday trading so where does palantir go tomorrow well like i said this has been pretty you know pretty lots of downside telling pressure if you will ever since that 33 high back here so does it continue to grow i think so i think that this is where palantir really should have been uh overall we've talked about this before but palantir if it continued this growth phase that we're in historically even with a little bit of a correction in price you know it should have been at this 40 mark you know a few weeks ago back in the end of december middle of december so that's what we're going to look for it to come into in the coming weeks and correct over in a price so really like i said i think palantir should have been at 40 and then it should have been continual growth and probably be in that 47 to 50 range fair price point currently i think that you know with a biden administration coming in we're going to increase uh technology spending in the defense sector and that's exactly where palantir is at you know continuing to develop and continuing to get new contracts both with the fda pentagon dod and some foreign international contracts as well both in some new ones like japan and some other countries you know getting this protection on a database uh way so palantir i like it i think that you know although it didn't grow to the high and didn't continue at that 39.58 level i think that 40 is going to be an easy easy thing to come through it's only 11 away from the current trading price really uh even less than that so overall 40 is going to be a wall but i think that the bulls are strong enough to get it through you know wall street bets has been pumping this one a little bit so do we see them take this like they did blackberry and gamestop and all the other stocks i think very much so i think that they're starting to exit game stop potentially you know taking their profits and where are they going to dump it well they're going to dump it in palantir they're going to dump it in blackberry because they think they're safe for bets but they're going to be growth stocks they're going to continue to grow and looking at it from like i said rsi pretty stable throughout the day we got a couple overbought signals but really nothing too crazy and then macd you know it flipped it was super bullish here in the morning stabilized out and then turned extremely bearish obviously due that market crash went back to a bullish sign couldn't hold it and then stayed bullish throughout that 10 to 1 o'clock hours so overall i think that this will flip back to the bull side we have the averages on the bull side we just need the candle bars on the bulls side so we'll look to see how it plays out see how it does again thank you guys for watching we're going to be placing our price target here on palantir with a high of 42.58 and a close of 39.85 yes i get i said it 39.85 closed for tomorrow let's see how it does see how it does again thank you for watching take a second like the video subscribe to the channel you know how it goes let's make some money