Palantir Technologies Inc. shares are trading lower Monday as the market continues to dip. The market as a whole has been dropping the past couple of weeks as technology stocks see a bear market. Palantir was down 11.35 percent at $12 at publication Monday. Palantir Daily Chart Analysis The stock was trading in what technical traders call a falling wedge pattern and fell below the support level showing the stock is not yet ready for a reversal. The stock looked as though it was going to bounce off support, but the market crash made it drop lower. The stock trades below both the 50-day moving average (green) and the 200-day moving average (blue). This indicates bearish sentiment and each of these moving averages may hold as an area of resistance in the future. The Relative Strength Index (RSI) continues to crash lower and now sits at 16. This shows the RSI is heavily …