PTON bear scenario

Peloton Interactive, Inc.NASDAQ

Description

⋅ Jan 28, 2023 7:32 PM

Last week I swung some calls for a 60% and 86% profit. Is PTON losing steam? Momentum slowed as it neared an area of distribution. If it fails to base at 12 and falls below it, there doesn't appear to be much in the way to $9.

Comments

Grant555

⋅ Jan 31, 2023 3:32 PM

hey nice looking chart, any thoughts on this going into earnings?

Davy_Dave_Charts

⋅ Feb 3, 2023 10:23 PM

@Grant555, well, my whole scenario was invalidated. lol