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Barchart
Barchart
Wajeeh Khan

Should You Buy, Sell, or Hold Palantir Stock Amid Trump Praise?

Palantir (PLTR) stock closed down again on Friday, even after President Donald Trump praised the company on Truth Social, saying it has “great warfighting capabilities and equipment.”

Despite the endorsement, PLTR just had one of its ugliest weeks since early 2021, with the 14-day RSI now in the early 30s, indicating the stock is approaching oversold territory. 

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