Palantir Technologies Inc.(PLTR): Horizontal ConsolidationPalantir Technologies Inc. Class ABATS:PLTRBlaisefxacademyPalantir Technologies (PLTR) is trading around the $136-$140 range, down roughly 20% year to date, despite recently raising its 2026 revenue guidance to approximately $7.66 billion. The stock has experienced recent volatility due to broader market shifts away from high-valuation AI tech stocks and concerns over insider selling. Technical outlook: Stock is trapped in a raging channel momentum, moving on sideways with a support and resistance, for a couple of months now. Price currently approaches the major support level, as we anticipate a Buy retracement. Key points: A confirmed reverse at this moment, triggers a buy position, eyeing $155.95-$162, as next potential bullish. Thanks for reading.