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.
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...