PLTR at a Critical Support: Why Traders Are Positioning for a BPalantir Technologies Inc. Class ABATS:PLTRCrowdWisdomTradingCurrent Price: 135.24 Direction: LONG Confidence level: 60%(Professional trader snippets show mixed but slightly bullish short-term bias, strong call options activity near $135, and X sentiment leaning toward upside targets at $140–$150.) Targets Target 1: 140.0 Target 2: 150.0 Stop Levels Stop 1: 132.0 Stop 2: 128.0 Wisdom of Professional Traders: This analysis combines what several professional traders are saying alongside live market sentiment. When I step back and look at the crowd wisdom, a clear theme emerges: despite warnings about a broader topping pattern, many traders are actively looking for a counter-trend LONG rather than pressing shorts at these levels. That collective behavior matters, especially when it clusters around the same price zone. Key Insights: Here’s what’s driving this setup. Multiple traders describe Palantir as a market leader that’s gone through a sharp pullback after an extended run. Some highlight longer-term valuation risks and put positioning, but what’s important for this week is that several traders explicitly avoid new shorts here. Instead, they’re watching for a tactical bounce as selling pressure fades near the mid-$130s. What really caught my attention is the options activity around the $135 strike. Heavy call volume moving in the money suggests traders are positioning for upside follow-through. On top of that, several traders frame the recent drop as a “healthy correction within a primary uptrend,” which explains why dip buyers keep stepping in. X sentiment supports that view. Real-time posts lean bullish overall, with repeated calls for a push toward $140 and then $150 if momentum builds. It’s not unanimous, but the upside voices clearly outweigh the bearish ones this week. Recent Performance: PLTR has pulled back hard from highs near $170+, sliding into the low-to-mid $130s. Over the past few sessions, price has held above the $131–$133 area and stabilized near $135. That price behavior tells me sellers are losing control in the short term, while buyers are defending this range. Expert Analysis: Several professional traders I’m tracking point to the $138–$142 zone as a key upside pivot, which lines up well with the $140 first target. The $150 level keeps coming up as the next magnet if momentum and options-driven flows kick in. Bearish voices are still there, mainly via longer-term put bets, but even those traders tend to frame that risk as later rather than immediate. News Impact: The news flow stays supportive. Strong AI demand, large government and enterprise contracts, and upbeat commentary around U.S. commercial growth continue to underpin the bull case. Legal headlines and valuation concerns add noise, but so far they haven’t broken the bid under the stock. Trading Recommendation: Putting it all together, I’m going LONG PLTR for a short-term trade this week. I like entries near current levels with a first target at $140 and a stretch target at $150 if momentum accelerates. I’d manage risk tightly, stepping aside if $132 breaks and fully invalidating the setup below $128. This isn’t a set-it-and-forget-it trade, but the risk-reward favors a bounce right now.