Stock Of The Day: Is Palantir Finally Reversing?

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) are climbing Wednesday. As you can see, they staged a reversal after reaching the $130 level.This is why Palantir is our Stock of the Day. There is a good chance there is more upside to this rally.The chart of Palantir illustrates two important market dynamics that successful traders understand.The first is that in the market, a price level that had been support in the past can become support again. This is what happened with the $130 level for Palantir.A l ...