PLTR - Rising wedge formation leads to potentially larger movePalantir Technologies Inc.BATS:PLTRQuantAi-Trend🧠 PLTR WEEKLY TECH+FUNDAMENTAL BRIEF Ticker: PLTR | Sector: AI / Big Data / Defense Tech Date: July 27, 2025 🔍 Chart Watch: Rising Wedge Risk Palantir is trading within a rising wedge formation, a pattern often signaling bearish reversal if upward momentum fades. Recent price action has tightened within this channel, and volume has been declining—a potential warning sign. 🔧 Key Technical Levels Short-Term Resistance: $145–146 Short-Term Support: $140.50 → $137 → $132 Breakout Target: $150–155 Breakdown Risk: Below $137 could trigger $132–128 Trend Watch: If price holds wedge support, PLTR could climb toward the $150–155 range. A breakdown targets prior support at $135 or lower. Watch volume for confirmation. 💼 Palantir Fundamentals Snapshot Q1 2025 Revenue: $884M (+39% YoY) U.S. Commercial Growth: +71% YoY Operating Margin: 36% Free Cash Flow Margin (Projected): >40% Cash Position: ~$4B Profitability: GAAP positive for 7 straight quarters Valuation: Forward P/S ~92–120x, Forward P/E ~200–230x ⚠️ High valuation implies heavy dependence on earnings momentum and contract wins. Any slip could lead to outsized pullbacks. 🧠 AI & Government Catalysts Palantir continues to dominate the intersection of AI deployment and government data operations. Notable Drivers: $795M U.S. DoD Contract Deep integration with agencies including CDC, IRS, Army, ICE, NHS AI tools (AIP) deployed across sectors; strong commercial traction with Accenture, SAP, Microsoft Azure Positioned as a critical AI infrastructure provider for NATO & U.S. defense modernization AI Bootcamp strategy converting trial users into full deployments at scale 📆 What’s Ahead? 🔜 Upcoming Catalysts: Q2 2025 Earnings (Early August): Expected revenue: ~$937M (38–54% YoY growth range) Federal Government Contracts: Expansion of Project Maven, battlefield AI systems, and civilian data tools AI Legislation & Spending Bills: Ongoing policy developments could support longer-term tailwinds 🧭 Summary & Outlook TimeframeSupport LevelsResistance LevelsOutlook Summary Short-Term$140.5 → $137 → $132$145–146 → $150–155At wedge support. Breakdown could target low $130s unless buyers defend. Near-Term$144.8–149.1; then $137$159–160 → $170 (post-earnings)Strong fundamentals, but rich valuation demands execution. 🧩 Bottom Line: PLTR remains an AI and defense-tech heavyweight. However, its current chart setup suggests caution in the near term. Watch for decisive moves around $145 and $140. Long-term bullish thesis remains intact, but the next move may hinge on Q2 earnings and AI contract flow. Stay nimble.