Updated
PLTR is on the struggle bus
As a big PLTR shareholder, this chart pains me. It looks to be rolling over to test the ~$17.26 support. Next stop from there will be the 200DMA. The 50DMA has been rejected for now. Fortunately, there is a large volume shelf at the 200DMA to provide support. In the absence of a catalyst, any market weakness will take us there.
Note
This is a rough looking chart. Head and shoulders was forming before today's market weakness. Any continued weakness sends this lower. Next good support is in the $16 area. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.