Wolfe Wave
PLTR will not see 30 for a while$PLTR holding that wedge even with its dump this morning... bag holders keeping it away from $30...
PLTR Wedge Breakout OptionsI expect $PLTR to break out of its wedge this week. Two options for the breakout, if it can break above $28 it should continue to the upside, and start wave 5 the the Elliot wave. There was a lot of bullish volume at the end of the day Fri. to support the upside move. The max pain for this week is still only $25, and therefore bearish if MM/institutions force the price down into Thurs. for options expiration. I'll recalculate and update the max pain values later in the week.