Palentte
09-04

For the bottoming process to be considered complete, a daily close above $157.09 is needed while closing below $150.28 would invalidate the thesis and trigger a return to the downtrend. PLTR continues to remain range-bound between these two price levels.


$PLTR has been consolidating around the $150 range for 10 consecutive days, with two critical momentum bars at $156.4 and $158, which needs to be surpassed for more price momentum. It appears that $PLTR is building a base within this range. 


If the $150 level is breached to the downside, there is a possibility of $PLTR going down to test the next critical momentum bars at $142.80 and $130 as support levels.


Palantir Secures £1.5B UK Deal: Up 134% YTD! Still Room to Run?
UK will significantly increase purchases of Palantir Technologies (PLTR) data analytics software, with the U.K. military committing over $1 billion over five years, extending an earlier deal, according to Bloomberg. Following the news, Palantir shares rose 5.1% to close at $176.97. Year-to-date, the stock is up about 134% in 2025, though it remains below its all-time high of $190 on August 12. 👉 With continued government adoption and long-term contracts, could Palantir sustain its strong 2025 rally, or is a consolidation phase likely?
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