Floor is being tested again at around 22 USD however the RSI indicator is showing that there has been an increased upward pressure In the last hourly sessions. Please be advised that once the price breakthrough the the breakout point on the graph, Palantir will would become a strong buy.
Fundamentally, there is nothing wrong with the stock, it is priced cheap, it just had its first earnings report and more importantly all of the insiders already had their opportunity to exercise their share sales after the lock up period.