👁️ Eyes on $PLTR ( ▲ 2.92% ) . Delta tilt is still very bullish with higher time frame momentum still intact.

🧱 Support area: $133.07 ($130 key support)

👊 Resistance area: $140.0 ($140 key resistance)

Scroll down to learn more about today’s top idea.

 $IBM ( ▲ 1.66% ) 

Momentum Up

International Business Machines ($IBM) continues to exhibit consistently bullish tendencies and has remained on our momentum stars list for several consecutive days. The daily buy volume in $IBM is particularly impressive, underscoring strong institutional interest.

Short-term momentum also appears robust. While we are currently observing for a potential pullback, the overall sentiment remains positive. Analysis of the Delta Tilt suggests notable support levels around $280 and $270, which could serve as key areas for price consolidation or potential re-entry.

Raw Consensus Score: 4 out of 7 (Notable bullish momentum) (Momentum Stars)

Delta Tilt: $280 key support target, $270 froth/weak support

Gamma Exposure: Positive notable gamma at $280

Quant Volume Levels Today: $279.34, $275.12

Quant volume levels are area where stocks would most likely bounce or reject from.

 $SHOP ( ▲ 2.88% ) 

Momentum Shift Rising

Shopify ($SHOP), a name we have consistently highlighted in previous newsletters, successfully reached our anticipated $115 target area yesterday.

Despite this recent move, momentum continues to build constructively. We remain confident in $SHOP's potential to further capitalize on the positive price action observed yesterday, and we will continue to monitor its trajectory closely.

Raw Consensus Score: 4 out of 7 (Bullish momentum) (Momentum Stars)

Delta Tilt: $115 and $120 bullish target

Gamma Exposure: Positive gamma at $115 and $120

Quant Volume Levels Today: $115, $116.10, $110.58, $109.64

Quant volume levels are area where stocks would most likely bounce or reject from.

 $TSM ( ▲ 2.17% ) 

Momentum Shift Up

Taiwan Semiconductor Manufacturing Co. ($TSM) is currently pushing to new swing highs, indicating strong upward price action. While short-term momentum appears somewhat extended, the robust higher timeframe momentum should not be overlooked, suggesting a continued bullish trend.

Analysis of the Delta Tilt further reinforces this positive outlook, with a clear bullish target identified at the $220 area. This level is also characterized by a highly concentrated gamma exposure, which could amplify price movements as the stock approaches this strike. Investors should monitor these levels closely for potential continuation or volatility.

Raw Consensus Score: 7 out of 7 (Extremely Bullish momentum) (Momentum Stars)

Delta Tilt: $220 bullish target, $210 support area

Gamma Exposure: Positive gamma regime (Concentration at $220)

Quant Volume Levels Today: $212.04, $211.61, $216.08

Quant volume levels are area where stocks would most likely bounce or reject from.

 $PLTR ( ▲ 2.92% ) 

Today’s Top Idea

Palantir ($PLTR) achieved a new all-time high yesterday, and we observe that the momentum in the name remains exceptionally strong, particularly across short-term timeframes. This robust price action positions $PLTR as our top day trade idea for today.

A key support level is identified around $130. However, given the intense momentum evident on higher timeframes, it is uncertain if the stock will retrace to these levels. Our internal model estimates a momentum score of 2 out of 7, which indicates the potential for a significant further leg higher in the name.

Raw Consensus Score: 2 out of 7 (Neutral bullish momentum) (Momentum Stars)

Delta Tilt: $135 and $130 key support

Gamma Exposure: Positive gamma regime (Concentration at $140)

Quant Volume Levels Today: $133.07, $130.59, $129.56

Quant volume levels are area where stocks would most likely bounce or reject from.

⭐ TODAY’S TOP MOMENTUM STARS