Peloton
Short Term
We look to Buy at 8.60 (stop at 7.82)
Expect trading to remain mixed and volatile. Previous support located at 8.60. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 11.02 and 13.49
Resistance: 11.30 / 14.70 / 20.00
Support: 8.60 /...
Looking at the PTON Peloton Interactive options chain, i would buy the $12.5 strike price Calls with
2022-8-26 expiration date for about
$0.81 premium.
Looking forward to read your opinion about it.
After the price target from the last PTON idea was perfectly touched:
Now i see the stock consolidate in the $30 - $39 are before the important announcement of a takeover maybe.
Looking forward to read your opinion about it.
In its most recent quarter, Peloton reported 2.3 million connected fitness subscribers. These members purchased a Peloton exercise machine and paid $39.99 per month to access Peloton's live and recorded exercise classes.
Overall, subscription revenue totaled $281 million in the fourth quarter.
Compare that to Peloton's total revenue of $936 million in the...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
Hello there,
If PTON can close above the RED line, we can see a wave to the GREEN line in the upcoming days with a +27% gain possibility.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
Peloton Interactive Inc (NASDAQ:PTON) is showing signs of an upcoming breakout. I believe the stock is gaining momentum and could keep running. Watch the stock closely next week.
It should be noted that ARKK purchased 135,000 PTON today. Looking at the chart, it looks primed for a small breakout upside. With more lockdowns being enacted we could see the 122 area, which is historical support/resistance. I plan on taking calls or buying shares above 117, selling just shy of 122.
I recounted the parabolic curve of $PTON where the Base 4 is ended at $103 as shown in the chart.
However a spike from Base 4 is not mandatory in parabolic curve pattern but indicators and pattern are strong enough for the last spike.
But there are couple of checkpoints for the stock to reach $130-$150 :
1) Stimulus Package
2) Trump's health
If these two marked...
PTON almost breaking out of Bullish Pennant where it can hit between $115-$118.5.
If it fails, it has strong support at $110, $108.5, $106 & 104.
I hold $112 & $120 calls for this week.
Good Luck.
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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...
