Watch These Palantir Price Levels After Stock Posts S&P 500’s Biggest Gains in 2024
Key Takeaways
- Palantir is the S&P 500’s top performer this year amid robust demand for its analytics AI software offerings.
- A shooting star formed on the chart last week, a candlestick pattern that occurs after a significant advance, indicating the price may start falling or enter a consolidation phase.
- Investors should watch key support levels on Palantir’s chart around $66, $45, and $29, while also monitoring an upside price target near $145.
Palantir Technologies (PLTR) is set to claim the coveted title of the S&P 500 index’s best performing component this year.
The company, which provides customized analytics software across various sectors, has seen its shares surge 350% since the start of the year through Monday’s close,…
