NASDAQ:PLTR – Flat Top Breakout with Earnings Gap Reversal Palantir ( NASDAQ:PLTR ) is setting up for a potential explosive move, combining two of my favorite setups: 🔹 Flat Top Breakout (ATH Setup) Price is pressing against the $126 resistance, a clear flat top breakout level. A clean move above this triggers a breakout to new all-time highs (ATH). 🔹 Earnings Gap Down Reversal (Bullish Signal) Recently, PLTR gapped down on earnings — but bulls stepped in fast, pushing it back up. This is a classic gap down reversal setup, a strong signal of bullish momentum. We saw the same setup play out on NYSE:SPOT , which reversed after earnings and broke out to ATH. 🔹 My Trading Plan: 1️⃣ Anticipatory Entry: Looking to buy dips into the shaded cloud zone (dynamic support). 2️⃣ Breakout Confirmation: Add size on a clean breakout above $126. 3️⃣ Stop Loss: Tight stop below the cloud zone to protect capital. 🔹 Why I Love This Setup: Gap reversals signal aggressive buying even after bad news — a sign of a strong market. Flat top breakouts tend to have explosive follow-through, especially with earnings momentum.

The chart speaks for itself. No need for me to put my narrative onto it.

Valuation does not make sense (for a long time). I think we will see another round of volatility and decided finally to short it as a hedge against my long positions: GOOG, AMZN NVDA, TTD, NBIS,FSLR). Negative RSI divergence

The long red candle indicates an overbought market. Despite the good economic results no new highs could be reached and the week showed beginning profit taking. Most of the market participiants are long and convonced of the good results. They are right and many of them are sitting on good profits. The more profit taking will come in here they will be thinking of taking an increasing part of their profit. f this is true the chart picture will show a double top and a beginning bear market in the shorter time frame.

The key to whether this happens will be in the rapid pace at which shorts take hold here. Talk about narrative, I can't imagine what stories we will be told while they continue the SWEEP all the way down to $61.00. You might not fall for the narrative they try to sell you on, but $61.00 will be a hard pill to swallow if you're just picking up shares now, to say the least. Now they may SWEEP the high liquidity again before they hit the lows, but I would almost guarantee you that is the next target.

Watch retest for long position at 114.51. Position is looking clean for a nice break and retest setup. Keep in mind the larger market at whole to ensure price action confirms the move.

The morning sun had barely risen when PLTR stood once again atop its hard-won ground at $119.85. Behind it lay the shattered green line, now a path paved by victory; ahead, the final gates of $122 gleamed, radiant yet distant. But as the warrior gazed toward those heights, a subtle chill crept through the air. The wind — once warm and pushing at its back — began to shift. Something unseen stirred. At first, it was a faint resistance, like climbing a hill with each step heavier than the last. Buyers pressed forward, but their strength no longer carried the same force. The candles wavered, flickering between green and red, as if uncertain which direction fate would choose. And then… the clouds gathered. A sudden, sharp gust swept across the battlefield. Without warning, a red streak fell from the sky — a swift, merciless strike. $119… $118… $117.50… One by one, the levels gave way beneath the weight of the selloff. The crowd below gasped, their cheers silenced into stunned whispers. “A pullback,” said the seasoned watchers. “No — a test.” The warrior planted its sword at $117.43, steadying itself against the trembling earth. This was no defeat. This was the trial between surges, the quiet before the next roar. Above, the dashed white line — the ascending path toward $122 — remained unbroken, like a promise waiting to be claimed. Below, the green line shimmered faintly, its support lingering, a reminder of how far they had come. In this moment, the battle paused. The bulls gathered their breath, their resolve. The bears watched from the shadows, unsure if their strike had been enough. And the market… waited. A stillness before the next move. “We’ve pulled back,” whispered the warrior, “but we have not fallen.” “The path remains. The sky above is still ours to claim.” And as the candles narrowed, coiling in quiet preparation, all eyes turned once again to the horizon. For though the winds had shifted… the climb was far from over.

Palantir has got exceptional result in Q1 '25 with net margin increasing to 24.22% from Q4 '25's mere 9.55% IMO, in the days full of Tariffs, we must focus on trading or investing companies whose majority customers are from the States. Y-o-Y Growth is significant. Technical part, my custom indicator has told to buy like from last year Jan, well for now, if the price action breaks the $123 price, I will wait for it to retrace to $123 and then put orders around there. PLTR seems to be high growth

Clear RSI divergence on weekly frames; Primary wave 5 is in progress

The smoke still clung to the air as the dust settled atop $113. Behind them, the battlefield lay littered with broken resistance. But NASDAQ:PLTR did not stop to rest. No… the warrior lifted its gaze, and there it was: The green dotted line. A spectral threshold, shimmering above the plains at $116–$117, a boundary etched by the hands of past momentum. For many, it was a ceiling. For PLTR, it was a dare. “Cross me,” the line seemed to whisper. “If you can.” And so… they marched. With each step higher, the volume beneath them rumbled like war drums. Every tick upward: a shield raised, a sword drawn. $114… $115… $116… And then — the clash. The green line wasn’t just a price level. It was a fortress in the sky. As PLTR’s price struck its surface, a shockwave rippled through the chart. Red candles flared, sellers firing their volleys from the ramparts. The price staggered backward, briefly retreating toward $115.75… $115.50… But this wasn’t retreat. This was the drawing back of an arrow before the release. Suddenly — A surge of volume. A roar of momentum. A candle forged in fire. A towering green candle burst forth, piercing the green dotted veil, splitting it like thunder cleaving the night. Stop-losses ignited. Shorts fled. Momentum traders piled in, shouting like an army unleashed. PLTR didn’t just break the green line. It obliterated it. The price flew higher: $117… $118… $119.85. Every level above was no longer resistance — it was acceleration. And now, standing tall at $119.85, up +8.5%, the warrior looked beyond. Ahead shimmered new battlements: $120… $121… $122. The final walls before reclaiming the higher kingdom. The market watched in awe. “It was never about breaking resistance,” whispered the charts. “It was about proving the sky was never the limit.” PLTR stood, sword raised, armor shining in the glow of its momentum. The green line broken beneath its feet. The wind at its back. And as the candles flickered forward, every tick toward $124 felt inevitable. The battle wasn’t over.... ...The conquest had only just begun.