$Palantir Tech(PLTR.US)

PLTR: BOUNCE OR BUST AT THE $135 LINE?

Palantir is showing signs of life after a brutal slide. As we approach mid-April 2026, the bulls are fighting to reclaim control but heavy macro shadows linger. Is this a relief rally or a genuine reversal?

🔷Technical Snapshots(HTF-1D)

❤️The Pivot: PLTR closed at $135.70 (+2.52%), successfully bouncing off the Lower Bollinger Band ($128.02).

❤️Resistance Ahead: The 20 SMA ($145.98) remains the primary overhead hurdle. Until it break and hold above $146, the medium-term trend is still bearish.

❤️Momentum: RSI at 44.31 is curling up from oversold levels, suggesting that the immediate selling climax may have passed.

🔷Fundamentals & Valuation Snapshots

❤️Growth Engine: Q4 2025 results were explosive, with U.S. Commercial revenue up 137%. FY2026 guidance targets $7.19B in total revenue.

❤️The “Burry” Factor: Michael Burry recently warned that Anthropic is “eating Palantir’s lunch” in enterprise AI, betting against PLTR with heavy Put positions ($50 and $100 strikes).

❤️Valuation: Trading at P/E ratio of 199.72 and P/B ratio of 43.93. PLTR remains an “all-growth” play. High multiples make it hyper-sensitive to any competitive threats or interest rate shifts.

🔷My Verdict: NEUTRAL/CAUTIOUS BULL

The bounce off $128 is encouraging and Trump’s recent praise of its “warfighting” tech provides a sentiment floor. However, with Burry betting on a crash, stay nimble.

A daily close above $146 targets $164; a break back below $128 triggers the trapdoor.

Not financial advice. Today is LDR. Always do your own DD! Manage your risk wisely.