Watch These Palantir Stock Price Levels After Monday's Rebound

Core Insights - Palantir Technologies shares rebounded over 4% on Monday after a slump late last week, attributed to a partnership with Accenture for federal government work [2][10] - The stock has more than doubled since early April, with an approximate 80% increase in 2025, driven by the AI boom and expectations of benefiting from government efficiency initiatives [2][10] Technical Analysis - The recent sell-off was marked by a 9% drop on heavy trading volume, the highest since late February, but the relative strength index (RSI) returned to neutral on Monday [4][10] - Key support levels to monitor include $125, $97, and $83, with potential buying opportunities near these levels [6][7][10] - An important overhead resistance level to watch during potential upswings is around $148, which is near the stock's record high [9][10]