Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Investor Content Strategist
Palantir rallied Tuesday off its 50-day simple moving average, facing an immediate hurdle at the 20-day SMA. The stock has come off sharply after hitting a record high in August and it could face resistance at the 20-day line just above $163. There is a positive momentum shift evidenced on the MACD indicator, with a potential bullish crossover forming should bulls retain control following yesterday's move.