Watch These Palantir Price Levels as Stock Hits Another All-Time High
Key Takeaways
- Palantir shares hit a record high for the second straight day on Monday, as the AI-powered analytics software provider benefits from investor optimism about its expanding business with the federal government.
- The stock staged a volume-backed breakout above a pennant pattern in Friday’s trading session, paving the way for higher prices this week.
- Bars pattern analysis projects a a bullish target of around $220 and indicates the current uptrend may last until early July.
- Investors should eye crucial support levels on Palantir’s chart around $125, $97 and $83.
Palantir Technologies (PLTR) shares hit another record high on Monday, as the AI-powered analytics software provider benefits from investor optimism about its…
