
Palantir Technologies Inc. ($PLTR) has demonstrated resilience by maintaining a price level around $80 over the past six days, despite a recent downturn in the Nasdaq-100 index ($QQQ). Analysts indicate that the stock is targeting levels of $87 and $93, contingent upon closing above $84.50. However, the stock has struggled to hold above its 50-day moving average, with support found at the $80 mark throughout the week. Should the price decline further, analysts are monitoring the $70.50 area as a potential support level. In contrast, shares of Red Dot Payment ($RDDT) have declined by 40% from recent highs, while Palantir's stock is down more than 30% from its local highs.
$PLTR down more than 30% from local highs https://t.co/7Rzbnpi2qi
$RDDT stock down 40% from local highs https://t.co/XKiMKyRIhb
$PLTR Couldn't hold the 50D, but found support @ 80 area all week. 50D needs to clear above, if lower watch 70.50 area, nice support there https://t.co/JjYZLhA7wl


