Technical Analysis (1H Chart)
PLTR has been coiling tightly within a symmetrical triangle, pressing into the apex, with price currently hovering around $88.50. It rejected higher highs after touching $93.32, showing signs of compression between trendlines.
* Trendlines: A descending resistance from the
93S and an ascending support from the 
73S have been holding firm.
* Current Price: $88.54 (Ask), right at a confluence zone.
* Support Zones:
* First support: $84.26 (mid-range support).
* Second support: $73.79 (prior base breakout zone).
* Resistance Zones:
* First resistance: $90.07 (local top).
* Second resistance: $93.32 (breakout pivot).
🧭 RSI is flatlining near 50 — a classic equilibrium in a triangle squeeze. Volume is fading, which is normal before a breakout.
Options GEX Analysis
PLTR's GEX map is one of the most balanced of the group — but it’s sitting right on a Gamma Wall at $88 with serious implications.
* Gamma Wall (Resistance): $88.00 – Highest NET GEX zone, making it a tough ceiling unless there's volume acceleration.
* Key CALL Walls:
* $90 – Moderate resistance (40.7% GEX7)
* $93 – Larger resistance (78.84% at 2nd CALL Wall)
* $100+ – Overhead gamma unwind potential if breakout occurs.
* Key PUT Walls:
* $84 – Weak PUT support.
* $75 – Stronger defensive gamma zone.
* $70 – Ultimate protection (3rd PUT Wall).
📊 Options Sentiment:
* IVR: 80.4 (Very High – traders are betting on volatility)
* IVx avg: 102.2
* Call Flow: 27.8% bullish
* Signal: ✅🟢🟢 (Moderate bullish with gamma support)
Trade Ideas
🔼 Bullish Scenario (If price breaks $90):
* Entry: Above $90.10 breakout candle with volume
* Target 1: $93.33
* Target 2: $95–100 gamma chase if volume surges
* Stop: Below $86.50 (below ascending trendline)
🔽 Bearish Scenario (If it breaks below $84):
* Entry: Below $84 breakdown zone
* Target 1: $80 zone
* Target 2: $75 strong PUT wall
* Stop: Above $88 zone
💭 My Thoughts:
PLTR is coiling for a breakout. The gamma wall at $88 is acting like a magnet, but it can't hold forever. With high IVR and a massive buildup around $90–93, the next breakout could be fast and aggressive. If bulls take control above $90, it could ignite a squeeze into $95+. On the flip side, if it slips under $84, we could revisit $75 quickly.
📉 This analysis is for educational purposes only and does not constitute financial advice. Always do your own due diligence and manage your risk properly.
PLTR has been coiling tightly within a symmetrical triangle, pressing into the apex, with price currently hovering around $88.50. It rejected higher highs after touching $93.32, showing signs of compression between trendlines.
* Trendlines: A descending resistance from the
93S and an ascending support from the 73S have been holding firm.* Current Price: $88.54 (Ask), right at a confluence zone.
* Support Zones:
* First support: $84.26 (mid-range support).
* Second support: $73.79 (prior base breakout zone).
* Resistance Zones:
* First resistance: $90.07 (local top).
* Second resistance: $93.32 (breakout pivot).
🧭 RSI is flatlining near 50 — a classic equilibrium in a triangle squeeze. Volume is fading, which is normal before a breakout.
Options GEX Analysis
PLTR's GEX map is one of the most balanced of the group — but it’s sitting right on a Gamma Wall at $88 with serious implications.
* Gamma Wall (Resistance): $88.00 – Highest NET GEX zone, making it a tough ceiling unless there's volume acceleration.
* Key CALL Walls:
* $90 – Moderate resistance (40.7% GEX7)
* $93 – Larger resistance (78.84% at 2nd CALL Wall)
* $100+ – Overhead gamma unwind potential if breakout occurs.
* Key PUT Walls:
* $84 – Weak PUT support.
* $75 – Stronger defensive gamma zone.
* $70 – Ultimate protection (3rd PUT Wall).
📊 Options Sentiment:
* IVR: 80.4 (Very High – traders are betting on volatility)
* IVx avg: 102.2
* Call Flow: 27.8% bullish
* Signal: ✅🟢🟢 (Moderate bullish with gamma support)
Trade Ideas
🔼 Bullish Scenario (If price breaks $90):
* Entry: Above $90.10 breakout candle with volume
* Target 1: $93.33
* Target 2: $95–100 gamma chase if volume surges
* Stop: Below $86.50 (below ascending trendline)
🔽 Bearish Scenario (If it breaks below $84):
* Entry: Below $84 breakdown zone
* Target 1: $80 zone
* Target 2: $75 strong PUT wall
* Stop: Above $88 zone
💭 My Thoughts:
PLTR is coiling for a breakout. The gamma wall at $88 is acting like a magnet, but it can't hold forever. With high IVR and a massive buildup around $90–93, the next breakout could be fast and aggressive. If bulls take control above $90, it could ignite a squeeze into $95+. On the flip side, if it slips under $84, we could revisit $75 quickly.
📉 This analysis is for educational purposes only and does not constitute financial advice. Always do your own due diligence and manage your risk properly.
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.