Research update

A running archive of PLTR views from Tactical Positioning.

PLTRPLTR (Palantir) needs to reclaim above the uptrendline at around 140 in the next few sessions or it risks testing 100.

PLTRLTR (Palantir) risks heading much lower if it is rejected at the neckline.

PLTRPLTR (Palantir) is resilient to Friday's tech selloff as the narrative around its software being used by the U.S. military in the current conflict between the U.S. and Iran continues. If it doesn't fall below 155 and continues to grind higher in the coming days, 170 is the next resistance.

PLTRPLTR (Palantir) was rejected at the backtest around 155. If it doesn't reclaim 155, I would expect it to head lower to retest the recent low around 130, after which comes 100.

PLTRPLTR (Palantir) is sitting right on support. A breach here would not be pretty, both for PLTR and for AI software names more broadly.

PLTRPLTR (Palantir) is sitting right on 128 support. This is the line in the sand for AI software.

A breach here will not be pretty, for PLTR or for the AI application names. Below 128, the next real support sits around 101, and that would turn this into a much deeper breakdown.

For bulls, there is no mystery. Defend 128, then reclaim the downtrend line. Until that happens, every bounce is just a backtest inside a weakening structure.

PLTRPLTR (Palantir) has strong support at 101-105. For bears, do not chase downside here as the stock is oversold. The better short is either a failed backtest of 128 or a confirmed break below 101.