Palantir Stock Price Levels to Watch After Post-Earnings Surge
Key Takeaways
- Palantir shares jumped in extended trading on Monday after the analytics software provider topped third-quarter earnings estimates and lifted its full-year revenue outlook amid robust demand for its AI offerings.
- The stock had consolidated within a broadening formation leading into the company’s quarterly results, but bulls have successfully defended the pattern’s lower trendline, with trading volume registering its highest level since early October on Monday.
- Investors should watch key overhead levels on Palantir’s chart around $45 and $60, while also monitoring an important zone of support during periods of profit-taking between $41 and $38.
Palantir (PLTR) shares traded sharply higher in extended trading on Monday…
