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
9/10 earnings, buying calls around September 1-3 or so (play run up and hold some through)
$PTON Record close today after rebound from July pull-back to 50d line. Expecting a follow through move later this week into next week. Target: $80-$84 range possible by mid-August
I know some people not touching PTON stock because they think it's a fad. Lucky for us technicians, it's irrelevant. We know our risk. We know our target. We know how to manage the position. All without having an opinion. I prefer staying away from fundamental hot debates, but to me this is obviously not just a bike company. They've built a brand that...
📌 Peloton One of the aspects of consumer behaviour that has changed the most over the past few months has been the approach to fitness and home-enablers. As we introduced a deep and accurate buy approach it helped that Fed and other CB's helped to raise the bar even higher with their ambitious and methodical (right...) approaches. So, as with many other...
The price will drop to the bottom line of the channel and will rise again, today and the day after is the best time to buy
I hear a lot of speculation that gyms will never be the same. Plus 24hr is closing many gyms. A lot of home gyms will not be reopening. But it is summer, will these expensive indoor bikes continue to sell? I am tempted to jump in right now. Any thoughts?
It broke the pivot out yesterday with reasonable volume. It is worth to watch 12 months Consensus Price Target: $47.36 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
Hi traders, Losing in one particular stock doesn't mean you should be done with it for the remainder of the day. One deeper pullback got me out of my PTON Long which then offered a really nice profitable opportunity later in the day which I sadly didn't take advantage of and cost myself money! Trades: 1) PTON - LONG @46.23, -1.02% *In my ID trades, I risk 1% of...
May's monthly candle closed above April's high. If price returns to April's high, then I will begin purchasing call options at the 38.00 strike with a July 2 expiration.
Looks like Peloton might have hit its peak for the time being. Good chance it retraces to close the gap it made around $40.
Peloton analysis long term trend up, short term correction expected. RSI overbought. Personally, I am opening a long position as the stock corrects itself. Not an advisor, my personal opinion. Good luck!
this is pretty dumb. last times RSI was this high the stock made a 20% correction back to the mean ~$30. Also made tops in RSI in the daily time frame as well. Long time support in green, weak supports dashed green lines. Fundamentals: PTON sells overpriced electric cycling bikes during a recession. The market is as rational as a chicken without a head. PTON...
Ask your self following and try to get answer by studying from any source:- Why did gap 20% gap up opening? Who have sold this stock at the top? Which type of GAP is this? You can type in comment section about it? --> Study and Discussion always give new way of something, isn't it?...