Palantir Dip Probability Plunges as Shares Find Support Above $125
· flowframe Pulse
The market's expectation of a dip to $126 crashed 12% as Palantir shares stabilized near $129, following a successful test of the $125.07 support level on February 6. Traders are pricing in a lower probability of a re-test after Mizuho analyst Greg Moskowitz upgraded the stock to 'Outperform,' citing a de-risked valuation and massive 70% revenue growth in the latest earnings report.
81¢ → 69¢ • Vol: $0.5M