Palantir at a Critical Support Level

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Palantir at a Critical Support LevelPalantir Technologies Inc. Class ABATS:PLTRisahebdadiPalantir is currently testing a major support zone around $126–128, which previously acted as a strong breakout level. This area is now the key battleground between buyers and sellers. Short-Term Outlook As long as price holds above $126, a bullish rebound remains possible. Targets: $140 → $150 → $160 Stop-loss: Below $125 Long-Term Outlook Despite the recent correction, the broader trend remains bullish. Holding the current support could mark the end of the pullback phase. Targets: $160 → $180 → $200 Stop-loss: Weekly close below $120 Summary Palantir is sitting on a major support zone after a significant correction from its highs. If buyers defend the $126–128 area, the stock could begin a recovery toward $150+ and potentially retest higher levels later on. However, a confirmed break below support would increase the risk of a deeper decline toward the $100–110 region.