PLTR Weekly Options Trade Plan 2025-06-16

Join our Discord channel for live trading signals and discussions:

PLTR Weekly Analysis Summary (2025-06-16)

Comprehensive Analysis for PLTR Weekly Options Trading

1. Technical Analysis Synthesis

From the gathered market data and multiple quantitative reports about PLTR, here's a consolidated summary of the key technical indicators and opinions:

Current Price: $143.85

Moving Averages:

5-Minute Chart: Price is above the 10 ($140.42), 50 ($138.57), and 200 ($136.79) EMAs – indicating a strong bullish trend in the short term. Daily Chart: Solidly above the 10-day EMA ($132.10), with no available data for longer periods to confirm prolonged bullishness. RSI Analysis:

5-Minute: Extremely overbought at 88.47, suggesting an imminent short-term pullback. Daily: A less urgent overbought condition at 65.29, iterating bullish sentiment but indicating caution. Bollinger Bands:

Price is trading above the upper band on the 5-Minute chart ($142.98), indicating overextension. The daily band confirms this with a breakout above the average level ($138.93). MACD:

Positive momentum is shown, with MACD on the 5-Minute chart (above signal line) but bearish signs on the daily showing potential weakening momentum. Support/Resistance: