Palantir stock is positioned to see gains on the back of its artificial-intelligence offerings despite market stress, one analyst argued as he reiterated a Buy rating while trimming his price target on shares of the data-analytics company.

Palantir shares gained ground on Tuesday as the stock took a breather from a three-week slump that has seen the AI investor favorite lose more than a third of its market value. Here are the key chart levels to monitor.