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$Palantir (PLTR.US)$ palantir broke the 20-day moving averag...

$Palantir (PLTR.US)$ palantir broke the 20-day moving average today which is $30.61. the next level of support would be 27.30. it's a crap shoot whether it touches that level or not it could be this week with bad economic data it could be this week with some big algorithm sell programs that may kick in tomorrow on the open so just be conscious of the fact that if you see it down $2.50 this week, and we get any type of recovery it's going to snap back if you look what happened during the last sell-off which was in July which was basically from July 11th all the way through the beginning of August. the low print where it was and where it is today that just shows the resilience of this company. 3 quarters in a row they've trounced Wall Street estimates they've raised guidance they're doing business with Microsoft the future is very bright even though this company and many others this week maybe next week maybe the next two weeks we'll have some dark roads ahead of them potentially. don't panic don't do stupid things like get influenced by nobody no name faces on this forum on others the idiots on TV. if it gets really upsetting to you shut your phone off your tablet off go outside do something that will change your environment change your mind of what you're focusing on. the future for this company is not determined what happens today or the next two weeks or the next month.
Have a good night
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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