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Is PLTR Heading for Further Volatility Within $147–180 Range?

@Trend_Radar
$Palantir Technologies Inc.(PLTR)$ 154.85 Price Wobbles: Technical Breakdown Signal, 147-180 Range Volatility Alert》 Latest Close (EST): PLTR closed at $154.85 (-0.57%), approximately 25% below its 52-week high of $207.52, showing continued consolidation within a broader downtrend structure. Core Market Drivers: "Big Short" Michael Burry's high-profile bearish position on AI stocks continues to weigh on sentiment; Despite Q3 earnings beat with 63% revenue growth, valuation concerns persist as forward PE reaches extreme levels around 215x. Technical Indicator Analysis: Volume at 71.35M shows moderate activity but lacks conviction; RSI(6) at 19.89 indicates oversold conditions with potential bounce risk; MACD remains deeply negative at -7.83 with widening bearish divergence, suggesting downward momentum continues. Key Price Levels to Watch: Primary Support Zone: $147-150 — Critical technical floor; breach could trigger further decline toward $130-135 Resistance Ceiling: $170-180 — Previous consolidation area; reclaim needed to shift sentiment Pivot Point: $155 — Current battle zone determining short-term direction Valuation Analysis: PLTR's TTM P/E of 1,434x vastly exceeds S&P 500's ~23x multiple, while forward P/E of 215x remains historically elevated despite recent compression, limiting upside flexibility. Analyst Price Targets: Wall Street consensus averages $185.11 with range of $50-255; 2 strong buys, 4 buys, 17 holds reflect mixed sentiment amid valuation debates. Week Ahead Outlook: Expect continued $147-180 range-bound trading with high volatility; Breakthrough above $180 could signal reversal toward $200; breakdown below $147 may accelerate decline to $130-135 support cluster. Risk Disclaimer: This analysis is for technical reference only and does not constitute investment advice; For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Is PLTR Heading for Further Volatility Within $147–180 Range?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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