TradingKey – Palantir Technologies (NASDAQ: PLTR) now sits on the $129.58 mark and was able to hold its trendline on the 4 hour chart from its high over $147. The relative strength index is now at 67.23 and continues to show its bullishness. Since the price began taking on trendline support levels, there is no longer a downtrend.

First quarter of 2026 Palantir earnings were an incredible $1,633 million of revenue up 85% year-over-year and 6% above the expectations of Wall Street. The US Commercial market for the same time period was up 133% year over year, and the US Government market was up 84% year over year. The adjusted operating margin stood at 60% and the company’s Rule of 40 is now 145. “The first quarter results for Palantir…