Palantir Technologies Inc. (PLTR) has seen a significant surge in its stock price, reaching $38, a level not seen since February 2021. The stock has experienced a notable increase of 123.9% year-to-date, with a 22.6% rise over the past month and a 61.9% increase over the last three months. Palantir's quarterly net income has also improved dramatically, moving from a loss of $102 million to a profit of $134 million over three years. The company recently joined the S&P 500, reflecting its growing market presence. Despite the stock's impressive performance, there is a debate among investors about its future trajectory, with some suggesting it may need to consolidate before moving higher. Earlier, Palantir broke through a 57K share wall at $37.50 and now faces a 22K share wall at $38. The stock also has an 80 Daily RSI.