Palantir (PLTR): A pause to refresh

PLTR could form a bullish cup and handle

We highlighted a bullish setup for Palantir (PLTR) in our Straight from the Chart blog on September 11, 2025.

PLTR remains bullish and could form a cup and handle pattern. Support in the low 170s to low 160s—backed by rising 40-day and 26-day moving averages at 169 and 166—remains key for validating the developing handle as a pause to refresh the bulls.

Holding these levels would keep the bullish scenario intact and open the door for a breakout above 185.75–190.00. A confirmed breakout would complete the cup-and-handle pattern and set up measured upside targets into the 220s.

Chart 1: Palantir Technologies (PLTR)