Trump-backed Palantir, Intel and Dell Enter June After Rallies

Palantir Technologies, Intel Corp. and Dell Technologies posted sharp rallies in recent weeks and enter June with several technical price levels under observation. Each stock moved after a distinct catalyst: a social-media post, quarterly results combined with a government stake, and a White House recommendation.

Palantir shares rose about 33% after an April 10 post on Truth Social in which former President Trump wrote, “Palantir has proven to have great war fighting capabilities and equipment. Just ask our enemies.” The stock traded near $122 at the time and has since traded around $142, slipping about 6.5% in the most recent session. Palantir supplies artificial-intelligence software used by U.S. military and intelligence agencies. The price remains inside a downward-sloping channel that has constrained action since November. The stock failed to clear near $165 on June 1. Market technicians identify a sustained close above about $175 as the level that would shift the structure from bearish to neutral or bullish; a break below $142 would expose the prior low near $122. Reported trading volume has risen since May 22.

Intel’s share price jumped roughly 15% after its Q1 2026 results and passed its August 2000 record high. A government-held stake in Intel was reported up about 250% as of late April. The stock climbed from near $40 in late March to a peak near $133. Price action formed a bull-flag pattern, and the recent pullback has occurred with steady trade volume. Intel traded around $108 in regular sessions, with a support base near $102. Reclaiming $124 would reopen a path toward the $133 peak and higher reference levels at $159 and $194. A drop below $102 would weaken the flag pattern; a slide under $79 would negate the recent structure.

Dell advanced from roughly $155 in late March to a record near $469, roughly doubling in that span. At a White House event in early May, Trump urged attendees to “go out and buy a Dell” and described its products as “great.” After the peak, trading volume eased while selling pressure increased from late May. Dell traded near $435 after a pullback of about 6.6% from its high. The company has reported growth in AI server sales and a Pentagon contract reported at $9.7 billion. Technical reference levels derived from the run place initial support near $394, then $349 and $312; an additional lower reference sits near $275. Market technicians point to a daily close above $468 as the signal to confirm continuation of the rally.

Traders and technical analysts are monitoring specific price points for each stock. For Palantir the key levels are $122, $142 and $175. For Intel the reference points are $102, $124 and $133, with $79 as a deeper downside threshold. For Dell the levels cited are $394, $349, $312 and $275, with $468 as a short-term upside trigger. Reported volume trends and these support and resistance levels are being tracked as June trading unfolds.