$PLTR

PLTR faces potential short-term weakness near resistance, with possible support from a recent demand zone around the low 70s.

BearishHe framed it in days
“$SPY, $QQQ Slide as US-Iran Tensions Flare | PreMarket Playbook | August 31, 2026”
BenzingaPublished Aug 31 · 2 passages

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SpaceX, Tesla, Palo Alto, and Palunteer all up out of the gate here. All of them. I had SpaceX on the screen. Here's Palunteer.

Tesla, we talked about Palunteer came back in from that 18. What wasn't Palanteer? I think we talked about this air. Joe, you might have talked about this. Palunteer might have been coming up towards a resistance area here.

Yeah, I think we talked about maybe 185, 189. This kind of area in here. Is that trend line? Remember that trend line that we drew? That big long trend line that go went all the way back.

Yeah, that's probably on my other chart. Let me see if I can find that 13. I do remember that. The last time that when we hit that trend of mine back in was back in March earlier this year and that resulted in uh some downside.

Initially it went as low as about 15%. Did have some recovery but we didn't you know get back above uh and make new highs. We still continued lower and it ultimately resulted in about a 24% uh corrective move um before we ended up hitting that high again in June.

So, um I I think I would anticipate a bit of weakness here, but you do have that demand zone um that was created earlier in August that might provide some support. So, we'll see what happens if it gets down into the low 70s.

What this channel has said about $PLTR

Benzinga has only this one call on this stock.

2026-08-31BearishThis one
SpaceX, Tesla, Palo Alto, and Palunteer all up out of the gate here. All of them. I had SpaceX on the screen. Here's Palunteer.
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