PLTR Stock Analysis

Ray With Richard Moglen

PLTR Stock Chart

PLTR Stock Analysis

Price and Volume Characteristics

  • 3 Bar Break – October 6, 2020 – after 3 lower closes on below-average volume price breaks up through the prior 3 closes on above-average volume.
  • Wake Up Bar – highest positive closing bar since IPO Day – October 6, 2020
  • Volume Dry Up as price consolidates from October 27, 2020, to November 4, 2020. Volume U formation.
  • Builds respect for 10DMA and $10 mark on market turbulence.

Data-Based Characteristics


  • Wake Up Bar on October 6, 2020 places PLTR on my IPO Watchlist.
  • Relative Strength Days on PLTR noted from October 23, 2020 to October 28, 2020 as I build my RS Lists each day the market closes lower.
    PLTR moves from my IPO Watchlist to my Focus List October 27, 2020.
  • Whole number’s help me keep track of stocks, PLTR was tracked vs the $10 whole number as the S&P retraced 6% PLTR held $10 on a closing basis.
  • Data-Based Characteristics above add to conviction and result in higher position sizing.


Ray and Richard Review PLTR’s Price Action and Volume – Best Stocks of 2020 – Winning Characteristics
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