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.
CRSR Sideways for the weekTwo possible routes for price action but both should get it to the $38.20 range which coincidentally is the 38.20% Fib retracement for both sides of the recent move. RSI, MFI, MACD, all turning down on the 2hr so it will likely take the low road.
No weekly options on $CRSR so no max pain to watch out for. Max pain for 1/15 is $35 so maybe a move up for next week.