GEX Walls and Wedge Breakdown Incoming?
🔸 GEX (Gamma Exposure) Breakdown for PLTR:
* Current Price: $141.99
* Key Gamma Resistance Zones:
* 📍 $145.15 – Highest Net Positive GEX (Gamma Wall)
* $144.58 – 2nd CALL Wall
* $146 – Overhead resistance from 2nd wall cluster
* Key Gamma Support Zones:
* $137 – HVL & 1st Put Layer
* $135 – 2nd Put Wall
* $132 – 3rd Put Wall
* $128.51 – GEX Low & Major Put Support
GEX Sentiment: IVR: 39.3 (moderate) IVx avg: 66.1 Options Flow Bias: CALL$ 56.7% – Slightly bullish
📈 Options Trade Strategy Based on GEX Zones:
🔹 Scenario A – Rejection from $145.15 (Most Probable):
* Bearish PUT Spread Play:
* Buy: $142.5 PUT
* Sell: $137 PUT (exp 7/19)
* Risk/Reward: Balanced downside toward HVL
* Trigger: If price stays below $142.5 and fails to reclaim $144.58
🔹 Scenario B – Breakout Above $145.15:
* Bullish CALL Play (speculative):
* Buy: $147.5 or $150 CALL
* Target: $155 (GEX9 zone)
* Only if: Price closes strongly above $145.5 on volume
🔸 GEX Outlook Summary:
* Upside capped at $146–$150 unless breakout volume enters
* Downside path to $135 / $132 is smoother if $140 breaks
* Gamma squeeze unlikely unless > $146
🧠 1-Hour Price Action & Intraday Trading Setup
⚙️ Market Structure:
* Trendline Support: Holding from recent rally
* CHoCH formed below resistance, suggesting a potential reversal
* BOS zone near $142.5–$144.6 creating supply
* Rising wedge breakdown forming
📊 Key Zones:
* Support: $140.53 (ascending trendline), then $137 (HVL)
* Resistance: $142.5 → $144.58 → $145.15
* Bearish Bias: As long as price is below $144.6
📉 Intraday Trading Plan (1H)
🔻 Short Setup:
* Entry: If price breaks below $140.50 with momentum
* TP1: $137
* TP2: $135
* Stop Loss: Above $144.60
🔼 Reversal Long (Less Probable):
* Entry: Break and hold above $145.15
* TP: $149.5 → $155
* SL: Below $143.5
🧭 Summary Thoughts:
* PLTR is sitting below strong GEX resistance with rising wedge weakness.
* Bearish structure forming unless bulls reclaim $145+ quickly.
* Favor PUT plays targeting $137–$135 unless breakout proves otherwise.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage risk and do your own due diligence before trading.
🔸 GEX (Gamma Exposure) Breakdown for PLTR:
* Current Price: $141.99
* Key Gamma Resistance Zones:
* 📍 $145.15 – Highest Net Positive GEX (Gamma Wall)
* $144.58 – 2nd CALL Wall
* $146 – Overhead resistance from 2nd wall cluster
* Key Gamma Support Zones:
* $137 – HVL & 1st Put Layer
* $135 – 2nd Put Wall
* $132 – 3rd Put Wall
* $128.51 – GEX Low & Major Put Support
GEX Sentiment: IVR: 39.3 (moderate) IVx avg: 66.1 Options Flow Bias: CALL$ 56.7% – Slightly bullish
📈 Options Trade Strategy Based on GEX Zones:
🔹 Scenario A – Rejection from $145.15 (Most Probable):
* Bearish PUT Spread Play:
* Buy: $142.5 PUT
* Sell: $137 PUT (exp 7/19)
* Risk/Reward: Balanced downside toward HVL
* Trigger: If price stays below $142.5 and fails to reclaim $144.58
🔹 Scenario B – Breakout Above $145.15:
* Bullish CALL Play (speculative):
* Buy: $147.5 or $150 CALL
* Target: $155 (GEX9 zone)
* Only if: Price closes strongly above $145.5 on volume
🔸 GEX Outlook Summary:
* Upside capped at $146–$150 unless breakout volume enters
* Downside path to $135 / $132 is smoother if $140 breaks
* Gamma squeeze unlikely unless > $146
🧠 1-Hour Price Action & Intraday Trading Setup
⚙️ Market Structure:
* Trendline Support: Holding from recent rally
* CHoCH formed below resistance, suggesting a potential reversal
* BOS zone near $142.5–$144.6 creating supply
* Rising wedge breakdown forming
📊 Key Zones:
* Support: $140.53 (ascending trendline), then $137 (HVL)
* Resistance: $142.5 → $144.58 → $145.15
* Bearish Bias: As long as price is below $144.6
📉 Intraday Trading Plan (1H)
🔻 Short Setup:
* Entry: If price breaks below $140.50 with momentum
* TP1: $137
* TP2: $135
* Stop Loss: Above $144.60
🔼 Reversal Long (Less Probable):
* Entry: Break and hold above $145.15
* TP: $149.5 → $155
* SL: Below $143.5
🧭 Summary Thoughts:
* PLTR is sitting below strong GEX resistance with rising wedge weakness.
* Bearish structure forming unless bulls reclaim $145+ quickly.
* Favor PUT plays targeting $137–$135 unless breakout proves otherwise.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage risk and do your own due diligence before trading.
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.