Palantir stock is caught between a strong long-term uptrend and a sudden burst of selling pressure. Shares closed at $169.46 on September 2, well off the session high of $177.57. The pullback came despite positive news—a U.S. Army TITAN contract and a key hire—suggesting sentiment has shifted.

Key takeaways

• Palantir stock closed at $169.46 on September 2, dropping sharply from a $177.57 session high after a 51% rally, according to Jim Cramer.
• The daily 50-day EMA at $156.61 and 200-day EMA at $150.21 remain intact, keeping the broader uptrend technically alive.
• Hourly RSI14 has plunged to 28.04, firmly oversold, while MACD momentum continues to widen to the…