Watch These Palantir Stock Price Levels as Sell-Off From Last Week’s High Accelerates
Key Takeaways
- Palantir stock fell again Tuesday to extend a swift decline from record highs amid investor concerns that the U.S. government could cut spending on the analytical software company’s services.
- Technical indicators point to accelerating bearish momentum, with the price threatening to close the early February earnings-driven breakaway gap.
- Investors should watch key support levels on Palantir’s chart around $85, $66 and $44, while also eyeing important overhead areas near $100 and $125.
Palantir Technologies (PLTR) stock fell again Tuesday to extend a swift decline from record highs amid investor concerns that the U.S. government could cut spending on the analytical software company’s services.
The stock has tumbled 30%…
