TradingKey – Palantir Technologies (PLTR) reported strong Q2 earnings on August 4 and gave solid guidance. Q2 revenue was reported at $1.935 billion, growing 93% YoY and beating the consensus at $1.80 billion. Palantir also posted an adjusted EPS of $0.41, beating the estimate of $0.35. Palantir now expects total revenue for the year to be between $8.150 billion and $8.158 billion and expects U.S. commercial revenue will be over $3.424 billion, a growth rate of at least 134%. Palantir’s stock was up 29.5% on August 4 and for the first time since February 2024. 

The stock was up another 172% on August 10, breaking a symmetrical triangle that had been in effect since June. The chart is now testing a $173.89 resistance level and…