Venus Reade
07-14 05:02

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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