PTON long term profit ? Descending trendline break out, 150 moving average line break out, a resistance line break out in a high volume.
Only an idea and not a recommendation for trading!
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.
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.
