Watch These Palantir Levels as Stock Continues Recent Recovery After NATO Deal
Key Takeaways
- Palantir shares jumped nearly 5% Monday to extend last week’s recovery following news that NATO had acquired the analytics software provider’s AI-enabled military system.
- The stock formed a bullish engulfing pattern last week to signal a positive shift in investor sentiment.
- Investors should watch key overhead areas on Palantir’s chart around $121 and $300, while also monitoring important support levels near $66 and $45.
Palantir Technologies (PLTR) shares jumped nearly 5% Monday to extend last week’s recovery effort following news that NATO had acquired the analytics software provider’s AI-enabled military system.
The deal with Brussels-based NATO helps ease investor concerns that Europe may rely less on…
