See how the Falling Wedge is playing out for PLTR. View live chart.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for Palantir Technologies (PLTR) on the daily chart. With a last close of $135.7, volatility remains active (2.52%). The primary technical feature is a Double Bottom formation. The trend indicator is reading 31.4/100, suggesting moderate momentum. A potential breakout level is identified at $162.4, targeting $202.12 with support near $142.54 (R:R 2.0).
What is your outlook on PLTR?