$PTON is in its last leg of Parabolic curve. If cup & handle performs then it can hit $112.9 and if fails it has strong support at $104.3
If $104.3 is breached then it confirms end of parabolic curve.
I hold couple of calls for next week.
Good Luck.
If $104.3 is breached then it confirms end of parabolic curve.
I hold couple of calls for next week.
Good Luck.
Comment:
Out of all stocks, PTON looks stronger where it still have chance for couple of weeks to go upside but have to break $113 first. In bull scenario, it can go upto $130+ as part of parabolic curve TOP!
Comment:
Tmrw If $112.9 crosses then $112.9 becomes strong support.
Good Luck Folks.
Good Luck Folks.
Trade closed: stop reached:
Break has failed and could print bearish candle on daily timeframe.
Trade closed: target reached