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Alienworkshop
Oct 14, 2020 12:15 AM

$PTON Even Beasts Need Sleep Short

Peloton Interactive, Inc.NASDAQ

Description

Straight forward here, this has been ON FIRE, just blowing it out the water, I picture everyone and their mother in an NYC Condo/apartment has had one purchased for them by their rich yuppie husband to stay fit and they get in on it too. While the man buys the stock and the wife gets the bike. But lets see... PTON has now surpassed it 1.618 ext on W3 and pushing the 2.00 - we know wave theory isn't exact and W3 can also run to 2.618 > here it's 144. Honestly, I think this is totally probable, maybe even 150! but it appears to be heavily institutional purchasing and I'm sure THEY have a number and once it hits she's going down. I've made a few bucks on the way up and now I'm going to try the flipside. looking for the W4 retrace of .382, .50, or .618 my sell targets are 120-115. I think she should retrace before ER. Hourly and Daily Stoch's heavily OB, but likewise can carry that momentum, only takes a few ppl to roll a snowball of gains down a hill... beware
Comments
leobacan
Look at the chart with a log scale, a nice clean channel is very well respected
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