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.
Peloton Short Term We look to Sell at 10.90 (stop at 11.76) Expect trading to remain mixed and volatile. The medium term bias remains bearish. Trading within a Bearish Channel formation. Selling pressure from 11.40 resulted in all the initial daily gains being overturned. Preferred trade is to sell into rallies. Our profit targets will be 8.94 and 8.30...
Peloton Short Term We look to Buy at 8.83 (stop at 8.07) Expect trading to remain mixed and volatile. Due to an Ending Wedge formation, we continue to treat extended losses with caution. 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 11.28 and 13.49...
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.
The price target of the massive head and shoulders bearish chart pattern was reached yesterday. Insiders sold around 500Mil worth of shares last year. PTON went lower than its IPO price, $29 and is now trading in a consolidation area. the price is not yet safe in that range. My buy area is $18 to $24.5 Looking forward to read your opinion about it.
-PTON formed a Cup & Handle on the daily and it's getting ready to breakout. -200SMA tested multiple times, we can assume that this is a valid support -Open above 124 tomorrow is a bullish sign and could squeeze to 125.50-126.00 -Below 200SMA (around 119) bearish sign and could see a pullback around 117 - 116 area. NASDAQ:PTON
Hello Traders, PTON has reached our goal, we will close out trade now and wait to see how the red line will react. If we get a breakout; we will enter once again with the green lines as targets. If not, we will wait until our previous entry in the red line. Cheers.
Some price movement option. H&S and price with the time will fall down? Or bullish trend with new price level?
Riskier trade, but offers good R:R
PTON long idea, waiting for a pullback to weekly demand, will look for a 4h momentum shift to the upside
Price of PTON advancing during last period. Looking forward small retracements during next week. Let's see how it will go. Not best time to buy...
Bull Case: Cup & Handle First Target $146 Confirmation: Break above $140 Bear Case: H&S First Target $122-$119 Confirmation: Break below $127 I hold puts for this week. Good Luck.
$PTON is in parabolic trading pattern where it may be due to for a one last pump $146-$151 Check the below scenarios: Bull Case: Double Bottom -> First Target - $146.5 Bear Case: Head & Shoulders -> First Target - $125 I hold $144 call for next week. Good Luck.
$PTON performed parabolic trading pattern which hit $140 & kudos to who ride this curve. First downside target (Head & shoulder pattern) - $125 Good Luck.
$PTON performed parabolic trading pattern which hit $119 & kudos to who ride this curve. Now $120 needs to be breached to go any higher otherwise it out of the gas and Sell-off has been triggered. Good Luck.
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.