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Wajeeh Khan

Palantir Breaks 100-Day Moving Average Amid AI Stock Selloff. Should You Buy the Dip in PLTR?

Palantir PLTR

Palantir (PLTR) shares tanked below their 100-day moving average (MA) on Friday, Nov. 21 and remove below that threshold Monday as bubble concerns and macroeconomic uncertainty continue to make investors bail on high-flying tech stocks. 

The breach of that technical indicator signals the bearish momentum may not be over for PLTR yet since the 100-day MA has historically served as dynamic support for trending stocks. 

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