Watch These Palantir Price Levels as Stock Hits Another Record High
Key Takeaways
- Palantir shares closed at a record high Wednesday for the second consecutive day, as a cooling of global trade tensions has restored risk appetite and investor enthusiasm for AI stocks.
- The price consolidated within a pennant before breaking out above the pattern in Tuesday’s trading session, indicating a continuation of the stock’s longer-term uptrend.
- Bars pattern analysis forecasts a potential upside target of around $210 in a move that could play out until early- to mid-June.
- Investors should watch major support levels on Palantir’s chart near $97 and $66.
Palantir Technologies (PLTR) shares hit another record high on Wednesday, as a cooling of global trade tensions has restored risk appetite and investor…
