Get started
StockPickingEnthusiast

Last Hope for Investors to Get Out In My Opinion - Sell It

Short
Peloton Interactive, Inc. (NASDAQ:PTON)  
StockPickingEnthusiast Updated   
NASDAQ:PTON   Peloton Interactive, Inc.
Trend Analysis Chart Patterns Flag pton
2
2
trendanalysis chartpattern flagpattern pton
(Opinion Only) - Bear Flag at resistance.
snapshot
Trade active:
Short since 93.30 level; added to short here at 92.20ish level.
snapshot
Comment:
Sure looks like it's going back down into the 80's very soon.

(Sell the rips)
snapshot
Comment:
Breakdown
snapshot
Trade active:
I lean towards the "don't trust it".
Gap fill around $89 likely very soon.

snapshot
Comment:
Two scenarios how this move could play out:
snapshot
Trade active:
Short -

Rejecting at the 20dayMA - Continued weakness next week if doesn't close above it today IMO.

snapshot
Trade active:
Trade active:
Thoughts on potential moves.

snapshot
Comment:
Negative/bearish divergence on the RSI.

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.