Watch These Palantir Price Levels After Monday’s Rebound
Key Takeaways
- After slumping late last week, Palantir Technologies shares rebounded to post gains Monday as the tech company said it was partnering with Accenture for its work with the federal government.
- Friday’s sell-off occurred on the heaviest volume since late February, though the relative strength index reclaimed its neutral threshold on Monday.
- Investors should watch crucial support levels on Palantir’s chart around $125, $97, and $83, while also monitoring an important overhead area near $148.
After slumping late last week, Palantir Technologies (PLTR) shares rebounded to post gains Monday as the tech company said it was partnering with Accenture (ACN) for its work with the federal government.
Palantir shares added over 4%…