US Stock In Play: $PLTR (Palantir Technologies Inc)

26 Oca 2021

PLTR further reinforced its technical strength, with a rally of +11.20%, closing at an all time high level of $36.23 that was previously highlighted two days ago. The intraday trading range of PLTR exceeded 35%, marking it as the most volatile session for PLTR since its IPO. This is coupled with 191.35 millions worth of shares traded during the session, exceeding 165% of its average.

Price volatility for PLTR continue to uptick towards its peak of 33.00/DAY, giving substantial traction to break $40 round number resistance ahead of its inaugural Demo Day today at 4.30pm US ET.