Palantir Technologies (PLTR) shares rebounded slightly on Tuesday after a three-week decline that erased over a third of its market value. Analysts remain optimistic about Palantir’s future, citing its AI-powered analytics software as a potential boon for government efficiency initiatives. Despite the recent drop, Palantir’s stock price remains three times higher than it was a year ago. Technical analysis highlights crucial support levels at $66, $44, and $30, with important overhead areas at $85 and $121. Investors are closely monitoring these levels as indicators of potential buying or selling pressure.
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