Great chat to take a look at today "PTON"
-We can see the ascending trendline and the Support resistance zone as the two key elements to understand this chart
The Ascending trendline represents the asset's long-term bullish trend, and we can see how the price is accelerating and taking distance from it.
-The Support Resistance zone was the previous level in...
Are you also tired of that absurd 1650.79 P/E ratio?
Once life goes back to normal, those are the retracement levels to consider.
Even it`s last line of support.
I`ll let the chart speak for itself.
If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave...
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...
Peloton showing testing of its support levels.
NASDAQ:PTON
In danger to falling under its bull upward pattern. Volumes have been decreasing steadily so i would like to see this keep going but i feel like it has reached its top price of 139-139.90.
Support at 126.50-127 and if it breaks lower, it could test 125-123-120.
For short term traders, this would not be...
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What is Peloton Interactive (PTON)?
- Peloton is a home fitness company that offers fitness products such as an indoor cycle, and a treadmill, as well as live workout...
