Stock Of The Day: Is The Palantir Breakout Finally Here?
Shares of Palantir Technologies Inc. PLTR are moving higher Thursday. They may have just broken out. This could be a bullish dynamic that suggests a new uptrend is forming.This is why Benzinga’s team of technical analysts and traders has made it our Stock of the Day.As you can see on the chart, in late March Palantir ran into resistance around the $97.75 level. After this happened, it sold off and headed lower.Some of the people who created the resistance with their sell orders became concerned that others ...