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Benzinga
Benzinga
World
Melanie Schaffer

RARE PHOTOS: Why palantir may rally 27 from this bullish pattern | Vintage Vibes

Palantir NYSE Palantir Technologies

Palantir Technologies Inc (NYSE:PLTR) was spiking more than 6% higher on Thursday, attempting to break up from a bull flag pattern on the daily chart.

The bull flag pattern is created with a sharp rise higher forming the pole, which is then followed by a consolidation pattern that brings the stock lower between a channel with parallel lines or into a tightening triangle pattern.

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