Here's when Palantir stock could resume an uptrend as whales slow down
PLTRPalantir Technologies(PLTR) Finbold·2024-08-27 23:12

After rallying in the wake of impressive Q2 2024 results, the stock of American software company Palantir (NYSE: PLTR) is experiencing short-term bearish sentiments. Notably, the stock is aiming to hold above the 30supportzone,asthislevelwilllikelyvalidatetherecentbullishmomentum.Currently,PLTR istradingat30 support zone, as this level will likely validate the recent bullish momentum. Currently, PLTR  is trading at 31, having recorded a loss of over 4% on the weekly chart.However, Palantir’s endeavors in artificial intelligence (AI) have helped PLTR maintain gains of over 85% in 2024. PLTR one-wee ...