Technical Analysis - Palantir Technologies (NASDAQ: PLTR) has formed a daily death cross, indicating potential bearish momentum and a possible drop below $100 [1] - The death cross occurred when the 50-day moving average fell below the 200-day moving average, historically signaling a broader downtrend [1] - The stock was trading around $153 when the signal appeared, and it ended the last session at $150, reflecting a 10% decline year-to-date [2] Historical Context - The current technical setup resembles the situation in October 2021, where a similar death cross was followed by a brief rally before entering a broader bearish cycle [3] - Since reaching an all-time high on November 4, 2025, the stock has shown lower highs, suggesting the onset of a new bear cycle [3] Price Targets - The next potential downside target is near the 100-week moving average around $110, with a deeper decline possibly reaching the 200-week moving average near $70 [4] - If the bear cycle develops fully, there is a possibility of an 80% decline from the peak, similar to the correction magnitude during the 2022 downturn [4] Support Levels - The $70 region could serve as a key long-term support level where investors may start accumulating shares if the stock continues to weaken [5] Fundamental Performance - Despite the technical warning, PLTR stock has rebounded nearly 15% in the past month, driven by favorable geopolitical tensions in the Middle East [6] - The company reported Q4 2025 earnings with a 70% year-over-year revenue increase to $1.41 billion, and U.S. commercial revenue surged 137% to $507 million [7] - The firm has guided for 2026 revenue between $7.18 billion and $7.20 billion, with U.S. commercial revenue expected to exceed $3.14 billion and strong free cash flow projections around $4 billion [7]