History Repeating For $PTON, Anticipate Growth$PTON is forming a rounding bottom and a double bottom, just like they did a couple of months ago before skyrocketing. Definitely one I'm watching. Like and Follow :) Good Luck!Longby Investor43214
Movement is narrowing in, up or down?Hi traders and investors. This is my outline on the rough movements of PTON the coming 6 months.. I have no basis to evaluate fundamentally whether up or down is the right direction, more a guess on how it would move depending on which side "wins". always do your own DD. use this as inspiration. Regardsby nDam1
PTONPossible H&S hopefully it pushes through to new ATH's the narrative is still covid play, far from it! by thewindsor810
Bullish on PTON (This is not financial advice) Hey everyone this is a great swing, long term, or day trade play on Peloton. Overall I am very bullish on the stock and really like the company and have played it many of times before. For this play I am currently charting it for more of a swing or long term play because I am looking at the fundamentals of this company to look at adding it to my long term portfolio. I like this play because we have seen good rally over the past few days after a strong dip down from its ATH from the pandemic. We are currently in a head and shoulders and I have highlighted my current buy zones. We see a good buy on the MACD that looks similar to what it looked like before the previous jump. I also set up some short term price targets and resistance for swings. For day trades I mean the whole market is rallying right now is bound for a small correction soon and a very sizeable one in the near future. I do see PTON continuing this rally for a little bit long though so I can see some day trade plays working. Back to the long term the EMA's are just about to cross back under allowing for some new supports and more confidence for the bulls. People are worried that because this was a COVID play we will see a dip as vaccines roll out but I can see gyms buying this equipment and some of Pelotons new features like there watch will be awesome for the company. We see the price average on the volume portfolio moving up which allows for me to be even more bullish. If you agree or disagree be sure to leave a comment as well as follow if you like my ideas. Thank you! - Vlaire Longby vlaire443
PTON - Target ReachedOn April 1st, I initially posted a falling wedge chart pattern on PTON and said to keep an eye on it as it was trying to reverse off the 100 ema. I got in my position a tad bit too early and was down on my position a for a few days, I had bought 3x Apr 16 $125 Calls @ ($1.32 ea) Today I sold my 3x Apr 16th $125 calls @ ($4.09 ea)by ChaseMColvin3
PTON, TIME TO BUY!Hello fellow traders and investors, here's another trade idea. This is an update on my previous idea on Peloton. PTON has recently pulled back to the support area, if PTON makes a full recovery it offers around a 30 to 35% ROI. Technicals: The Macd indicates that it's oversold and now in an uptrend When To Buy: Now When To Sell: I recommend selling at its previous high Fundamentals: PTON operates as an at-home fitness platform for live and on-demand indoor cycling classes. The company connected, technology, fitness, and the streaming of immersive, instructor-led classes for its clients. Peleton was made for busier individuals that want to go to the gym but Peleton makes the experience much better by for example reducing the commute, offering an in-home fitness session while still having an amazing instructor. Peloton has a P/E of 226 which definitely isn't great however there is a good reason for that and it's because of their growth in sales of 128% Q/Q, an earnings per share growth of 192% Q/Q this growth can explain their valuation since the investors in this scenario are pricing this stock on what it will potentially be worth in the future, a short float of 6% and unfortunately they still have an ROI of -5%. Rating: 70/100 the technicals are good but I don't like when the companies valuation is based on their future potential results however they do have amazing growth and a good business model so they deserve 70/100. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn11084119115
PTON - More upsidePTON established a strong support at 94 after forming a double bottom there on 5th March. It rose for only 2 days before losing momentum for the next few weeks when it slowly became apparent that a mini Adam and Eve bullish pattern was forming. Today it gapped above the Adam & Eve neckline with RSI rising strongly >50 at the same time. For those who have yet to hop on board early today, it could be trickly to rush in now unless price could retrace a little over the next few days. I wwould put intial stop loss below neckline @ 111. Be mindful of earnings release expected on 12 May. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)Longby Juliac0
Double Bottom on $PTON 1Y Chart$PTON is up over 20% the last few weeks and is seeing big momentum volume wise. I think $PTON has a chance to get back to $130 near term and has long term upside to test recent highs. Long $PTON since last march!by adgr63171
Peloton Gearing Up for a movePTON is squezing on multiple time frames. 30m ,39m, 78m, daily , 2D. Its been beaten down after the highs of 171.09. Currently PTON is in BLT formation with BL already formed. Tomorow 4/8 could be a Tomatoe day. Price Target at the moment would be 120 where it has seen resistance couple times in the past month. Long Play would be starter position in May 21 145 calls to be safe with Unknown ER date Longby TOSOPTION2
Double BottomUgly top and appears to have found a bottom, twice. so far. PTON appears to haveas well as forming an ugly top. It has pulled back beyond the 0.5 fib level and looks like a double bottom. Most Parabolic arcs pull back to the .5 to .618 fib level. Some fall more and some fall less. A security can be volatile after a parabolic arc so always be safe. Every security is different, but it would be unusual for a security to fly back to the top after forming an arc. But life is a gamble I suppose. It does look like support is forming at the 2nd bottom of 94.00 The first bottom is at 92.03. Double bottoms need to be close in price but not exactly the same price, and rarely are they the same. Double bottoms are very common and describe a change in trend and a momentum reversal from prior leading price action. It describes the drop of a security, a rebound, another drop to the same or similar level as the original drop. If the bottom holds, it becomes obvious that many are making a stand at that level. This pattern can instill more confidence in the bulls when they see the second bottom serve as support once again. The buyers become aware that the pattern exists and that confidence can help the bulls win the neverending battle against the bears. Not a recommendation. Stop losses can limit risk. On occasion, Mr market goes stop hunting it seems and takes the stock away from you only to see it fly up after you were stopped out by a penny )o: I guess we should always have an exit plan, a target we would like to reach as well as a limit to how much we can risk losing if a trade goes bad, and it happens to everyone. Some keep this level in their head verse setting an actual stop loss. I am by no means suggesting to place stops in your head because your head may not be in front of the screen if price tanks (o:. Buying close to support can help I think, as well as buying a security you have faith in.by lauraleaUpdated 443
PELOTON INTERACTIVE INC (PTON) POSSIBLE 25% GAINPELOTON INTERACTIVE INC (PTON) POSSIBLE 25% GAINLongby DrErmes0
PTON Long Trade setup !!Date- 4/4/2021 CMP 112.09 USD Trade idea- Entry point 112USD Stop-Loss 100USD Trade target 150USDLongby Gdschandiok095
ptona targit 150 . If it is broken, it is targeting 195 . The form failed to lock under " 96.80 " by mohammedalruwaili3
More work for PTONPTON just about keeping it's long term uptrend, and it's 200 day sma. Recent price action doesn't fill me with a lot of confidence that this sideways move between support and resistance is over. Need to really clear this area and start dealing with that big downtrend line extending back from Feb. Longby Teabo0
Falling Wedge Pattern $PTONKeep an eye on $PTON, 5 min chart PTON is trying to reverse off 100-ema, I am bullish on this stock. I purchased 3x APR 16th $125 calls @ 1.32, will swing into next week. by ChaseMColvin2
PTON LongWedge breakout Breakaway Gap SMA200 as support Entry 113 Stop 100 Target 145 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.Longby PlanTradePlanMMUpdated 5
Peloton is waiting for a rebound The $100 seems to be a good support level for this stock, which, in turn, is anchored at the 252 EMA. If it respects it and reacts, it can go back to at least $120 on a rebound. NASDAQ:PTONLongby amateur_trad3r0
PTON to $70Do your own research. An idea is PTON breaking down from another bearish ascending triangle/retest, could be headed to $70. Shortby dagenn992
$PTON OversoldThis is a simple idea saying that Peloton Interactive is oversold and should turn to the upside soon. Shares broke out of their regression channel and found an important buy zone. We could see the $155 zone again within the next month or two. Longby Investor43216
PTON, LAST CHANCE!Hello fellow traders and investors, here's another trade idea. PTON has recently pulled back to the support area, if PTON makes a full recovery it offers around a 45% ROI. Technicals: The Macd indicates that it's oversold and now in an uptrend The EMA's are in a downtrend The RSI is oversold When To Buy: When EMA's crossover. When To Sell: I recommend selling at its previous high offering around a 45% ROI. Fundamentals: PTON operates as an at-home fitness platform for live and on-demand indoor cycling classes. The company connected, technology, fitness, and the streaming of immersive, instructor-led classes for its clients. Peleton was made for busier individuals that want to go to the gym but Peleton makes the experience much better by for example reducing the commute, offering an in-home fitness session while still having an amazing instructor. Peloton has a P/E of 226 which definitely isn't great however there is a good reason for that and it's because of their growth in sales of 128% Q/Q, an earnings per share growth of 192% Q/Q this growth can explain their valuation since the investors in this scenario are pricing this stock on what it will potentially be worth in the future, a short float of 6% and unfortunately they still have an ROI of -5%. Rating: 70/100 the technicals are good but I don't like when the companies valuation is based on their future potential results however they do have amazing growth and a good business model so they deserve 70/100. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn11084119114