Set up for a head and shoulders pattern. Large volatility channel. There is potential to make a higher high and continue the ascending triangle through the minor and major trend. Potential make some good swings.
Hi Guys, Lots of moves all around but I had 1 BE on $IPOB and 1 winner in $SHLL. Nice and easy, Enda
Hi Guys, 1 crap winner in $NKLA and a $.05c win in $PTON. Bad day trading but nice winners all the same. Some $TSLA analysis in here also. Thanks, Enda
Shorting PTON from $86.20 to the 144min 50MA.
After blowout earnings pushed a new high, we had a massive bearish engulfing. Looks to be way ahead of itself; would like to see it retreat back towards its 50day which nicely coincides with the previous uptrend line. MACD rolling over and about to cross. Upper bollinger band crossover sell. Does not look as healthy as their customers!
EARNINGS: Some decent earnings on tap in terms of options liquidity and implied volatility metrics this coming week. Here they are, ranked by how much the at-the-money short straddle is paying as a function of stock price: PLAY (33/136/35.5%):* Thursday after market close. ACB (30/205/32.5%): Wednesday (time not specified). PTON (66/125/32.4%): Thursday after...
Wow, nice earnings report PTON. Not. Bad. At. All. Here's why it's a perfect storm for a short setup tomorrow, assuming it gaps up above 94: - Gap up above a huge shooting star daily candle ---> gap will close due to massive overhead resistance - It's Friday and the market is looking like it wants to dump in a serious way - 100 dollar/share psychological target...
Hi Guys, Simple moves today in $PTON and $NKLA. Enjoy, Enda
HI Guys, Been working on a approach to trading as just trading $BA ran out of fule, so to speak. We're simply trading volume leaders in the mid cap range using the same system and it's working great!! Check it out!, Enda
someone knows something ... price action is there its singing a song premium saying its going to 130 which is insane.. but i guess people are looking for the next zoom play &out of all companies reporting earnings this one is probably most likely to have a *similar move* not saying it will.. but im pointing out it is a possibility set ups like these are rare...
Hello traders, Peleton is up there with one of the most overvalued stocks in the market right now and should be traded with caution. How overvalued is it? Well, it works out to that each customer based on their valuation is worth over $30,000 dollars which obviously is absolutely absurd and unsustainable. Currently, Peleton is trading off a Wave 4 and I expect...
Backtested the breakout point ($72.1) on Sep 4 or pivot point and held the 20 SMA. Earnings whisper is expecting .13c EPS and $560 mill revenue. Previous Q was $524 Mill, which was a beat. Bullish option flow bought Sep 2 - Over 4000 Sep 11 $120 calls bought and 2900 $110 calls (These would be all down). Bearish flow - On sep 1, Oct/ Jan 2021 call spread $80...
Pton possible flat top break out Entered around 68 partial, will add at break of 70 SL 63 traget at least 90 r/r 1/4
A SHITTY COMPANY BUT A COVID PLAY NONETHELESS IF IT BOUNCES OVER THE TREND SUPPORT, WILL REACH TARGET IN A WEEK, INCOMING MOMENTUM REVERSAL NEXT WEEK. STOP LOSS IF IT BREAKS SUPPORT $PTON