Watch These Palantir Price Levels as Stock Plunges After Earnings Match Expectations
Key Takeaways
- Palantir raised its full-year outlook but disappointed investors with mostly in-line quarterly results, sending shares in the analytics software provider sharply lower in extended trading on Monday.
- The stock recently rallied to its highest level since mid-February but found significant selling pressure around its record high, potentially signaling a double top pattern.
- Investors should watch major support levels on Palantir’s chart around $97, $83 and $66, while also monitoring a key overhead area near $125.
Palantir Technologies (PLTR) raised its full-year outlook but disappointed investors with mostly in-line quarterly results, sending shares in the analytics software provider sharply lower in extended trading on…
