Watching the setup on $Palantir Technologies Inc.(PLTR)$ get tighter each day.
Even with the broader market under pressure, $Palantir Technologies Inc.(PLTR)$ has demonstrated notable relative strength. Key support levels are being defended, and volume is beginning to increase.
The chart is forming an inside bar pattern, which often indicates a consolidation phase before a larger move.
Options activity is picking up, and the trading range is compressing. The next step is waiting for confirmation; a breakout on strong volume could be the catalyst for the next move.
Patience is key here. Tight ranges eventually resolve, and the market will show the direction.
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