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PLTR stock price is in a narrow range, showing consolidation.
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Buyers are looking to escape the region and trying for a breakout.
Palantir Technologies (NYSE: PLTR) stock price is consolidating in a narrow region and holding the gains amid the negative sentiments. Moreover, bulls have persisted in attempting to break the cage and stay near the upper neckline but failed to surpass the $17 neckline. Besides the retracement, PLTR stock showed bullishness over the past number of sessions. However, buyers failed to extend the gains, and PLTR stock is consolidating in a cage and is close to the resistance of $20, which, if surpassed, would lead to a breakout.
Moreover, Palantir (PLTR stock) price was trading above the significant moving averages and tightened the grip near $15. PLTR stock shows the incisiveness between the bulls and bears, who showed equal interest and hung the stock close to the breakout region of $17. As per the options chain, at the stri
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