PTON looks ready to break through resistance and move higher after a strong showing today. The 50 EMA has come down to the 200 EMA and is just starting to turn back up.
3-way spac merger will compete with PTON under the ticker BODY
As a request from my buddy @ke-3a, I’ll analyze PTON today! In the 30min chart it did break the 104.50, a pivot point, and reversed the sentiment nicely. Now, it may seem PTON just hit its target at 110.56, and is starting to look overbought again, as the RSI is quite high too. But this is not true in the 4h chart. The chart is pointing up, and the momentum...
Hi every one PTON So this the chart of PELOTON Interactive stocks .this company make sports gears! as you can see this instrument has been in a falling wedge for a good amount of time but now this pattern has been broken and the price has done It's pullback to this pattern's upper line.we think that this stock's price has the potential to reach the top of the...
PTON broke through the downside from a H & S pattern during the news about the treadmill recall. More recently it bounced back to retrace and touch the neckline break. Now it seems it is ready to continue lower. The treadmill recall issue looks like it will hurt the company's earnings, giving more weight to this pattern playing out.
The title pretty much says it all... long term back to 100s and higher :) NASDAQ:PTON
Oh Pelaton. What a ride you had :) This stock started last year (2020) at around $27 a share, rising up to $170 just 12 months later. It's time for a correction. And, although I'm not a fundamental expert/trader, I believe there's a case to be made here. First, let's look at the charts. Technical Basis - Daily Chart Let's start with the Daily chart. There are...
Looking to place some longs with right STOPS on PTON.
We are now around a 50% retracement level from the previous impulsive move down and coinciding with the overall trendline. Watch for bearish candles on the LTFs for possible short opportunities.
(Opinion Only) - Bear Flag at resistance.
Show clear signs of a potential move to the upside
accumulation after a long distribution since Sep last year, then go up
Pelaton Opportunity.. They did have a recent recall on their treadmills which caused more dump in price, it was already dumping to begin with. Earnings now. Currently trading at under half the price from all time high - time to keep greed in check. Head & Shoulder pattern played out, dump ongoing.. With the 200MA forming right at the .618, which we're...
Head and shoulders playing out with the right shoulder half formed . Wait for a break of the neckline and a candle close outside of the neckline /*Resistance before shorting alternatively you can also wait for the back test of the Neckline and upon rejection open Short . SL placement above the last swing high . Point of control is a match for the move to...