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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: 'Hammer' Pattern Reversal In Palantir?

Palantir Nasdaq
The Palantir Trade

Could a single candlestick pattern signal a dramatic shift in Palantir Technologies Inc.‘s (NASDAQ:PLTR) market momentum? While many dismiss technical analysis as mere chart-watching, a surprising reversal might indicate a pivotal change in the stock’s trajectory.

Trading in Palantir shares was subdued on Thursday, coming after Wednesday's sharp reversal in price action.

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