PTON boolishPTON getting real tight getting ready for a big move. Most likely to the upside. Longby UnknownUnicorn254774153
$PTON making bullish signsI missed this stock last year but I think is giving me a second chance with this setup. Bullish divergence with the MACD, while making a head & shoulders pattern; that's a clear reversal sign for me. The price is on the path to making a great breakout. Price above the 200 day MA and the neck line of the head & shoulders pattern. And, would also be a breakout above a flag pattern. Also NASDAQ:PTON is a clear leader of the Leisure-Service Industry, being rank 2nd by IBD; just behind NASDAQ:CAR , and has a 79 Relative Strength rating. But that's against the market, I plotted the quotient PTON/LIV to see the relative strength against its industry and is being rising since the stock bottomed on early May. AMEX:LIV is an ETF that has +4% allocation of NASDAQ:PTON . With a buy near $128 I would have a sell target on $154 for a +20%. But, if everythng goes well and that target is reached, I think I would let it run a little further to the resistance level on $168 with a stop on breakeven. I will be counting the up days against the down days to verify that trade.Longby dpuleo193
$PTON Ready to Breakout?$PTON has been struggling lately but, I do see a few encouraging signs. 1. the pattern is tightening into a nice wedge. 2. volume is drying up. 3. seems to be getting support at the 50 Day SMA. The bad? 1. Getting resistance at the 200 Day SMA. 2. RS line is declining and 3. the 200 Day is flatish. However, if $PTON can give us a convincing close above both the short term declining trend line and over the 200 Day SMA I'll be looking to take a long position. All TBD. Ideas, not investing / trading advice.Longby jaxdog1
ptonpton to the moon because i want the tendies on to the moon because i want the tendies on to the moon because i want the tendies on to the moon because i want the tendies on to the moon because i want the tendies on to the moon because i want the tendies by Jrod667113
PTON target of $139 PTON is testing its trendline resistance and if it breaks and horizontal resistance of 124-127, should go to 139. Looks promising with COVID cases rising. Only thing pending is volume to go up.by KrisMukku1
PTONMust keep a close watch on PTON heading into earnings in a few week. Has made a nice recovery after being beaten down on bad news. However in a very difficult spot, as it failed to make a higher high on the daily timeframe, and could be looking for one more move lower to flush retail out before making an earnings run. This is one of the rare times I will look for a hold of the .786 retracement for a bounce. Should it go lower. Completely invalid on a daily close below $113.by DabneyUpdated 4
$PTON trying to power through vol shelfforming lower high - lot of room upside if it can push over 125 range.Longby dragonboys0
PTON - Inverse Head & ShouldersPeloton is currently hovering around its resistance level. Price could go up or down, but I'm expecting a push upwards due to the strength of the company as well as the inverse head & shoulders that's forming.Longby thedjhenny2
US - Peloton - July 2021Analysis - currently at last stage of forming inverse head and shoulder - the Stoch indicator was crossed yesterday indicate that it is ready to move higher. - risk of going downside is still there but reduced. - it may fall to the support trendline if market still not okay. - The chance of going higher will increase in the event of breakout from resistance trendline with high volume + short shadow. "Market is always right"Longby wanjebat2
PTON Inverse H&SNASDAQ:PTON has formed an inverse head and shoulder pattern and looks ready to break the neckline. I like the price action in the last few days in conjunction with the MACD which is just about to cross positive.Longby TechnicallyCorrect10
PTON Approaching Long ResistancePTON is one of those companies I see being an outperformer in the coming years. Fitness is becoming more and more popular and COVID has caused more people to look into home workout equipment. I'd like to see it over $127.98 and hold. This will be a 2-2 reversal on the quarterly and 2-2 continuation on the monthly. First PT is 152.51 or a reversal on the weekly.Longby jcrutcherUpdated 0
$PTON Looking to close above trendline. Earnings mid September.$PTON Looking for a close above longer term trendline. This will allow us to continue the uptrend in the channel and set us up for a longer term move to the upside. Upcoming earnings expected mid September.Longby iamphatboy2
PTONPTON up on Delta Variant news today. Trade Idea: PTON over 119. 122C: BID/ASK: 1.81/1.93 7/23by KevinBurrows3
$PTON Inverse Head and Shoulder patternI'm liking the pattern here. Lower lows If buying I would put a stop below the 50day moving averageLongby jaganjohn0
This is a "IF" tradeLets see, how we perform in the second half of the trading day. If we manage to hold and stay above the P-Pivot(118.33), the outlook will be bullish . Hovewer if we close below the 112 level, then we might head lower once again. In summary, it looks bullish but the volume is very concerning.by benedekdomotor3
SWING IDEA #18: PTONWatching PTON today. It may go and test the 114 level, there is still a gap to fill so I am bullish. If your thiniking about entering do it under the 114 level. Not financial advice just my opinion.Longby deadshottt2
$PTON LongPeloton is a fitness company that brings the feeling of community to at-home workouts. WHY BUY Peloton continues to command extraordinary growth and tremendous enthusiasm from over 2 million Connected Fitness subscribers. Controversy over a treadmill recall will fade over time but offers a compelling entry point. New initiatives point to continued dominance in home fitness as the company works toward its ultimate goal of 100 million members. Road to the profit the idea is two target (on blue). The second it's more hard because alway, the price, come to the first target and made a reversal move, so i recommend close the operation in the first target and wait for el pullback. Maybe this time it's a rocket and go direct to the second target, but in my stats this scenario occurs less than 10% and it's a 60% of probability to go until the second target. So i'll close on the first target and wait for the pullback and buy when the price be over the first target with a some patter of continuation because the first target will be a resistance.Longby ignaciotrades3