Peloton officially VOIDED its bullish pattern.

Update from yesterday's PTON chart analysis:

Peloton has officially broken its upward climb with a fall under the 125-126 support level .

Although I like this as a long term investment, the short term is looking like a sideways/downward trend.

If you plan to play calls, I would look for end of year expirations.

Peloton can benefit from the winter months if COVID cases surge, gyms close but for now I think the ceiling is 136-137.


Usually I take it as a buy signal when analysts downgrade a bullish stock like PTON. Today I dumped my entire position, made enough for a couple of hundred years of the subscription lolz!
+1 Reply
the madness might be coming to an end, finally
ThaMoneyHunter wordsforthewise
@wordsforthewise, i believe so! PTON trading way over extended!
wordsforthewise ThaMoneyHunter
@ThaMoneyHunter, I also mean for the market in general
+1 Reply
offloading puts at 786 FR
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out