Peloton - 30d expiry - We look to Sell at 12.98 (stop at 14.41) The primary trend remains bearish. This stock has seen poor sales growth. The trend of lower highs is located at 13.15. The previous swing high is located at 13.35. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 9.41 and 9.01...
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 /...
I really haven't paid any attention to this stock, ever, besides knowing that it was up a lot because "COVID MANDATES ARE ' SAVING LIVES '" and "WORKING FROM HOME IS SO GREAT AND WE NEVER KNEW ALL THESE YEARS ," the propaganda outlets said. And then dumped remarkably on the back of a lot of bad press like that time someone died on one on Sex and the City, and...
I don't know anything about this corporation, except that one of the services I follow on Twitter was promoting it yesterday saying ENVX is "one of our favorite stocks" and "it's on the move" because something something dealer gamma something something indicators. Of course, this was yesterday right as it was sitting below making a new high and has since...
🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short Technical Analysis: No surprises with PTON, missed on ER, and had a huge (-18%) drop!! Expect the pullback into 11.15-11.45 and a continuation throughout the next few weeks; I will be picking up ATM options that are 3 weeks out to continue to trade the negative momentum on...
The inverted H&S pattern I drew up a while ago appears to be playing out. Short squeeze like that BS buyout talk (highlighted). I didn;t adjust anything, just reposting, lol. No position, maybe wind up shorting this at $20
🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: So many reasons to play it short with $PTON; no one from the company has bought in their own company, at all this year. The last 4 of 5 ER were a loss; regardless of the deal with AMZN, this report (from last quarter) is likely not going to have a great...
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.
AMC, W, BYND all remind me of that quarter where PTON went up despite crap earnings. Fake buyout rumor was "the news", but basically just too many people trying to short earnings because they know the company is losing money. Gonna wait until Wed to short garbage stocks, CPI coming out premarket.
If daily can hold above 11.20, likely that this tests 16 level soon. My guess is that it spikes to 12.5/13 to set up for 16. On watch...no position yet.
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...
Peloton Short Term - We look to Buy at 8.66 (stop at 7.14) We are trading at oversold extremes. 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 12.95 and 15.00...
Peloton Short Term - We look to Buy at 11.87 (stop at 11.05) Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 12.00. We look for a temporary move higher. Our profit targets will be 14.31 and 15.49 Resistance: 14.50 / 15.80 / 24.50 Support: 12.00 /...
When PTON breaks this pennant it's headed to single digits. It could coil until it hits the tip of the pennant but I'm doubting that. If it does then I'm loading the freakin boat on puts.
Buying peleton here on falling wedge breakout on volume news the CEO is stepping down and a great new one is coming in ahead of the bidding war for the company. That advert with big made me laugh to. Expect this one to double www.investopedia.com
Peloton has done a full retracement of it's covid run and now it looks like it's about to break it's 2020 lows. Upon a break of support at $18, it would set up the possibility for new lows in the $12 range, or even $9 if it were to break that support. Those levels would likely turn out to be a great buying opportunity over the coming months. Let's see what happens.
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 9.21 ✨ It means if you risk here 100$ you may make 921$ Not bad, huh?