May. 24 at 11:37 PM
🚨
$PLTR 1W Chart + Unusual Flow 🚨
Palantir is holding a massive support level at
$125, effectively base-building after its sharp correction. The options flow is undeniably bullish, with consistent, sizable block purchases of call options suggesting institutional investors are accumulating at these levels in anticipation of a move back toward the highs. We are seeing a classic "test and hold" of the breakout zone. 📊
🐂 Bulls to confirm: Must hold
$125 support. A sustained weekly close above
$135 resistance sets up a clean path to retest the all-time high of
$150+. 🐻 Bears to confirm: A breakdown and close below
$120. Losing this support zone risks a deeper retest of the
$110 volume shelf.
The call flow is aggressive—follow the smart money. #hovdid
$PLTR #SwingTrading #OptionsFlow #TechnicalAnalysis
