PLTR Watching a Major Retest This Week (Nov 10–14)PLTR just pulled back from the top of its multi-month rising channel, and this week is all about whether it can stabilize or whether the sellers are finally stepping in for a deeper reset. Here’s the full multi-timeframe read based on structure, SMC, trendlines, and GEX.
1. Weekly Timeframe (1W)
Macro Structure
PLTR has been one of the cleanest trending names this year. The weekly structure shows a steady series of BOS formations, each creating higher highs and higher lows. Price just tagged the upper boundary of the rising macro channel and rejected sharply — this is the first meaningful red weekly candle in weeks.
Despite the pullback, PLTR is still trading well above its long-term trendline. Weekly demand sits between 150–160, and a deeper demand pocket sits around 129–140, but price hasn’t touched either yet.
Weekly MACD is curling down for the first time since the summer. Stoch RSI is rolling over from overbought. This doesn’t break the trend, but it does confirm momentum cooling at the top of the channel.
Weekly Trade View
As long as PLTR stays above 150–160, the broader trend remains bullish. The pullback could be a reset before another leg up, but momentum needs to cool off more. If the weekly closes below 160 later this month, that’s when the weekly trend comes into question.
Weekly GEX View
There’s heavy positive GEX above 190–200, meaning upside from here can get slower and grindy. Below 175, negative GEX expands quickly and opens the door for sharper moves down. PLTR is currently sitting right at the edge of that zone.
2. Daily Timeframe (1D)\
Daily Trend and Structure
The daily chart gave us a downside CHoCH after failing to hold the breakout above 200. The move down wasn’t just a rejection — PLTR also broke back into the prior range. That confirms short-term weakness.
The 169–176 zone is the major daily support cluster. That’s where PLTR is sitting right now. If buyers don’t show up here, the next zone is 158–160.
Daily MACD is red and widening. Stoch RSI is in oversold territory and still pointing lower. There’s no confirmed reversal yet.
Daily Trade View
Hold 169–176 → PLTR can bounce back toward 185 then 190.
Break 169 → opens 158–160, then 142.
Daily GEX View
Put support sits at 170–172.
Below that, a larger put wall sits at 158.
Call walls near 190 and 200 will act as ceilings unless PLTR regains momentum.
3. 1-Hour Timeframe (1H)
Short-Term Structure
PLTR has been trending inside a clean descending channel. Multiple BOS signals confirmed seller control. But the latest CHoCH printed right near 175, which is the first sign of short-term buyers stepping in.
Price is now testing the 180–181 zone — that’s the short-term pivot.
1H MACD is curling upward with a strong shift in momentum. Stoch RSI is climbing into the mid-range, showing buyers stepping in for the first time since Nov 5.
1H Trade View
Reject 180–181 → continuation lower into 175 then 169.
Break above 181 → opens room into 186, then potentially 191.
This is the level to watch Monday morning.
4. 15-Minute Timeframe (15M)
Intraday View
The 15M structure flipped first:
PLTR broke the intraday downtrend with a clean BOS and a follow-up CHoCH. The best part is that price is now consolidating above the broken trendline, showing control shifting to buyers on small timeframes.
But the 180–181 line is still the intraday ceiling across all lower timeframes.
MACD on 15M is trending up smoothly. Stoch RSI is elevated but still supportive.
15M Trade View
Above 180–181 → scalp long into 185, then 187–190.
Reject 180–181 → scalp short into 176, then 172.
The structure is clean, and Monday morning’s reaction will decide whether PLTR extends the intraday recovery or rolls back over.
5. GEX Map & Options Strategy
GEX Interpretation for PLTR (This Week)
Positive GEX at 190–200
Negative GEX at 172–175
Major put wall at 170
Strong call wall around 190–192
Highest call resistance around 200
What that means:
Upside slows sharply near 190–200
Downside picks up under 175
170 is a key support magnet this week
If 170 breaks, volatility will expand quickly to the downside
Options Strategy
If PLTR fails at 180–181:
Short-dated puts toward 175 or 170 are clean.
If PLTR breaks above 181 and holds:
Short-dated calls toward 185 or 190 make sense.
Avoid chasing calls above 200 — that sits inside heavy positive GEX and tends to stall.
My Thought
PLTR is coming off a major rejection at the top of its macro channel. The larger trend is still bullish, but the daily and intraday signals clearly show short-term weakness. Everything this week depends on how PLTR behaves around the 180–181 zone.
Rejecting that area keeps momentum toward 175 and 169.
Breaking above it shifts structure bullish again with room to recover toward 185 and 190.
This is a level-driven week. Let the reaction at 180–181 lead the trade.
Disclaimer
This analysis is for educational purposes only and not financial advice. Always manage your risk. If you want any other ticker covered with the same structure, just let me know.
