Market Makers Gamma Exposure

The price of PLTR had trouble getting above the $25 price point last Friday. Maybe the market makers are trying to keep it down as they likely have a lot of exposure to the near-term options contracts with a $25 strike price.

25 is the major resistance level to watch. That price sits just beneath a long-term Fibonacci level. This is also a strong resistance level to watch. If the price gets above that price point, then it seems like the sky would be the limit after that.