Is Peloton a fad? Who cares. Make moneyI know some people not touching PTON stock because they think it's a fad. Lucky for us technicians, it's irrelevant. We know our risk. We know our target. We know how to manage the position. All without having an opinion. I prefer staying away from fundamental hot debates, but to me this is obviously not just a bike company. They've built a brand that everyone talks about... That every influencer on Social posts about. Everyone I know knows about them... and I know about this little pandemic that's making it really hard for me to go to the gym. So I don't know if the company will have this brand power 5 or 10 years from now, but I know the price of the stock is in a clearly defined and tradable range. Longby LanmarUpdated 4410
PTON Elliot waveThis is my first time publishing my Elliot wave analysis so don't take positions based off of it. Elliot wave observers of trading view correct me if i am wrong!by HanveyOptions17
ridethepig | A retrace in play for home fitness📌 Peloton One of the aspects of consumer behaviour that has changed the most over the past few months has been the approach to fitness and home-enablers. As we introduced a deep and accurate buy approach it helped that Fed and other CB's helped to raise the bar even higher with their ambitious and methodical (right...) approaches. So, as with many other improvements, the $2,000 coat hanger consists of a monthly subscription service which members can go through daily. However we would need to see consumers continue to cough up $2,000 for an exercise bike when the economy is tanking. We are certainly not ready for mass adoption and growth until the economy heals. Armed with a pair of trainers and one can produce the same outcome although I refuse to demonstrate illustratively ... maybe one day on Tradingview streams! In any case, the format of the flow is quite simple. Throughout the impulsive leg it was a matter of letting bulls over-extend before finding a comprehensive fade. As usual thanks for keeping the feedback coming 👍 or 👎 Shortby ridethepigUpdated 171754
PTON has come down to support!Hello again! I'm thinking PTON has taken a good hit, but that the trend is still functional! I'm long from 58.25 with a target of 62.95. Earnings are Aug 3, so it's a little close, but still acceptable (to me anyway)Longby VaggitarianUpdated 4
$PTON Peloton back on the reversal list Will be looking for reversal trade on PTON this week. Hit previous horizontal support and my rising Channel trend-line on Friday. RSI has worked of previous overbought conditions. Main concern is the loss of Moving averages as support. Next major MA is the 50ma in the $50 region. Stock thrives on bad COVID news so lets see how it reacts to the Lancet Report on Monday PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.by Bullishcharts55
A good time for going long for a scalper.The price will drop to the bottom line of the channel and will rise again, today and the day after is the best time to buy Longby kourosh_ayat7
ChannelAs already mentioned $PTON is bouncing into the channel. Is getting closer to the lower side. No signs of inversion so far.by TizyCharts5
PTON $81.90 by the end of July?!?! (BULLISH?)If the days are still green, I believe we are in the middle of wave 3 before a big retracement! We currently peaked at the (pink) wave 3! Maybe we will see a minor retracement to (pink) wave 4? I'm still a noob, so I'd appreciate any feedback! Practice makes perfect or something like that =) Happy trading friends!Longby Teagueb9224
$PTON $70 Peloton Target Channel Still well respected and next touch to the upside imminent, which should result in a pullback for the stock. having moved above $65 next targets are $68 & $70. RSI is high so caution needed. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts9968
Peloton Spot - LongThe stock is in an uptrend post results Covid -19 has provided a big boost to indoors gym and that will be shown in its numbers Though the stock has run up a lot, there still is 10-20 % upmove potential. Once it breaks above 49, can see it going to 54 Longby ISDA_TraderUpdated 221
STOCKS TO HEDGE TSLA WITH: PTON?$PTON is in absolute beast mode and it's 0.485621 distance to $TSLA (about "halfway independent") in my readings. Good stock to include in your long only portfolio alongside $TSLA?Longby dotpem2
Called this move exactly! This is what a proven strategy looks like and it worked flawlessly. They've done studies, you know. 60% of the time, it works every time. Longby johnnyzuniga5
PELOTON -30%Sell now Buy level on the chart Profit 30% Stop Loss 5% Wish you luck !Shortby CitdlUpdated 4
Fib targets complete$PTON tagged the 50% fib and then saw a very nice move into the -61.8% to T2. Now we are looking for a new cycle to occurrby ABCTradin6
$PTON Peloton $60 target RSI approaching overbought but still room to run. MACD and Histogram bullish. Stay at home stocks continue to hold strong Analysts chasing the stock Fibonacci 1-2-1 extension target $60 PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts3340
PTON looking strngnew weekly high, stay at home play, not a lot of sellers to dump the stock. Send itLongby degentrader1111Updated 7