Technical Analysis & Options Outlook
📌 Current Price: $87.00
📌 Trend: Bullish Momentum with Key Resistance Zone
📌 Timeframe: 1-Hour
Price Action & Market Structure
1. Bullish Trend Holding – PLTR has maintained higher lows and is now testing a critical resistance zone near $88–$90.
2. Breakout Setup Forming – Price is pressing against a descending trendline. A clean breakout above $88–$89 could trigger a sharp move higher.
3. Potential Pullback Before Breakout – If PLTR fails to hold above $86, expect a retest of the $84 support zone before another attempt.
4. MACD & Stoch RSI – Indicating bullish momentum, but nearing overbought conditions, which could lead to consolidation before continuation.
Key Levels to Watch
📍 Immediate Resistance:
🔹 $88 – First breakout level
🔹 $90 – Major CALL Resistance & Gamma Wall (60.92%)
🔹 $93.62 – Final breakout confirmation zone
📍 Immediate Support:
🔻 $84 – Breakout Retest Zone
🔻 $80 – Strongest PUT Support (-42.56%)
🔻 $75 – Secondary PUT Wall (-27.48%)
Options Flow & GEX Sentiment
* IVR: 61.8 (High Implied Volatility, favoring larger moves)
* IVx: 73.5 (-7.21%) (Volatility cooling down, setting up for a breakout)
* GEX (Gamma Exposure): Bullish Setup Forming ✅ ✅ ✅
* CALL Walls: $90 & $93.62 (Upside resistance zones)
* PUT Walls: $80 & $75 (High liquidity areas for demand)
📌 Options Insight:
* Above $88, expect a gamma squeeze toward $90–$93.62 if momentum holds.
* Below $86, risk increases for a pullback to $84–$80, where liquidity is highest.
My Thoughts & Trade Recommendation
🚀 Bullish Case: If PLTR breaks and holds above $88, expect a push to $90–$93.62.
⚠️ Bearish Case: If PLTR fails at $88, a pullback to $84 or even $80 is likely before another move up.
Trade Idea (For Educational Purposes)
📌 Bullish Play:
🔹 Entry: Breakout above $88
🔹 Target: $90–$93.62
🔹 Stop Loss: Below $86
📌 Bearish Play (Hedge Idea):
🔻 Entry: Rejection at $88
🔻 Target: $84–$80 PUT Wall
🔻 Stop Loss: Above $89
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk accordingly.
Final Thoughts
PLTR is at a major breakout level near $88. A successful breakout could push it to $90+, while failure could lead to a pullback toward $84 or $80. Watch price action carefully and wait for confirmation before entering a trade.
📌 Current Price: $87.00
📌 Trend: Bullish Momentum with Key Resistance Zone
📌 Timeframe: 1-Hour
Price Action & Market Structure
1. Bullish Trend Holding – PLTR has maintained higher lows and is now testing a critical resistance zone near $88–$90.
2. Breakout Setup Forming – Price is pressing against a descending trendline. A clean breakout above $88–$89 could trigger a sharp move higher.
3. Potential Pullback Before Breakout – If PLTR fails to hold above $86, expect a retest of the $84 support zone before another attempt.
4. MACD & Stoch RSI – Indicating bullish momentum, but nearing overbought conditions, which could lead to consolidation before continuation.
Key Levels to Watch
📍 Immediate Resistance:
🔹 $88 – First breakout level
🔹 $90 – Major CALL Resistance & Gamma Wall (60.92%)
🔹 $93.62 – Final breakout confirmation zone
📍 Immediate Support:
🔻 $84 – Breakout Retest Zone
🔻 $80 – Strongest PUT Support (-42.56%)
🔻 $75 – Secondary PUT Wall (-27.48%)
Options Flow & GEX Sentiment
* IVR: 61.8 (High Implied Volatility, favoring larger moves)
* IVx: 73.5 (-7.21%) (Volatility cooling down, setting up for a breakout)
* GEX (Gamma Exposure): Bullish Setup Forming ✅ ✅ ✅
* CALL Walls: $90 & $93.62 (Upside resistance zones)
* PUT Walls: $80 & $75 (High liquidity areas for demand)
📌 Options Insight:
* Above $88, expect a gamma squeeze toward $90–$93.62 if momentum holds.
* Below $86, risk increases for a pullback to $84–$80, where liquidity is highest.
My Thoughts & Trade Recommendation
🚀 Bullish Case: If PLTR breaks and holds above $88, expect a push to $90–$93.62.
⚠️ Bearish Case: If PLTR fails at $88, a pullback to $84 or even $80 is likely before another move up.
Trade Idea (For Educational Purposes)
📌 Bullish Play:
🔹 Entry: Breakout above $88
🔹 Target: $90–$93.62
🔹 Stop Loss: Below $86
📌 Bearish Play (Hedge Idea):
🔻 Entry: Rejection at $88
🔻 Target: $84–$80 PUT Wall
🔻 Stop Loss: Above $89
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk accordingly.
Final Thoughts
PLTR is at a major breakout level near $88. A successful breakout could push it to $90+, while failure could lead to a pullback toward $84 or $80. Watch price action carefully and wait for confirmation before entering a trade.
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.
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.