+$2855 on 2/2 wins in $PTON & $KODKHi Guys, 2 picture perfect moves in $KODK and $PTON today. Enjoy, Enda04:24by TrendSpotter12
What is the path ahead for Peloton?Peloton Interactive, has been in a strong “Go” trend, one that perhaps we should have all seen coming at the onset of global lock down. After rallying over 250% since the “Go” flag on April 8th we are seeing a pullback from the most recent high. The GoNoGo Trend has painted a couple of paler aqua bars indicating slight weakness in the “Go” trend and this price action has caused the GoNoGo Oscillator to fall to the zero line. There is enthusiasm in general in this stock as we have seen heavy volume as price has run up to recent highs. We will look to see if the Oscillator can hold the zero line and find support there. If it bounces off zero we will see that as a resurgence in the current “Go” trend.by GoNoGoCharts224
PTON Witching Hour Week Swing TradesSet up for a head and shoulders pattern. Large volatility channel. There is potential to make a higher high and continue the ascending triangle through the minor and major trend. Potential make some good swings. by Dribblej332
The Distribution has started for Peloton stocks“Good performance ... Earnings are higher than expected .... the number of subscribers has doubled…. the company has benefited from the coronavirus ... it will hit 100 soon ... blah blah blah blah blah blah “ In recent days, we have seen an increase in activity on the Peloton Interactive PTON stock market. This activity is primarily due to the profits, which the company read about on September 10th. There is a growing uptrend in the background, and emotionally, ordinary investors from the public are looking to enter into longs. But from my point of view, it would be a rash decision, because we see signals of weakness on the chart. Black arrows point to supply bars (price accelerated from top to bottom on rising volumes). Professional traders use market buzz to distribute the maximum number of shares they buy far below $ 40 per share. And now they are recording a doubling of profits. And they closing longs around a top that is just beginning to form. What's next? I do not share the general optimism. While I support fitness and a healthy lifestyle, I also support informed decisions when buying stocks, so I highly expect a slowdown in growth. And the share price may decline until the end of 2020.by chartreadingpro226
$PTON Bearish candlesticks targeting 50 after earningStoploss for shorts at 92.5 . $PTON closed at 84. RSI signals for more down trend and MFI suggest correction will be intact to area between 50-62% fibo near by 50s Shortby WinnerTrader99Updated 332
Going Long Let me know if I am missing something, Stock has been beat down but has started turning up. has broken above EMA on both 5 min and 15 min. Is this a time to enter long? Longby KISS_TradingUpdated 0
+$840 on 2/2 wins in $PTON and $NKLAHi Guys, 1 crap winner in $NKLA and a $.05c win in $PTON. Bad day trading but nice winners all the same. Some $TSLA analysis in here also. Thanks, Enda10:48by TrendSpotter10
Inevitable correction Bearish candles at resistance, 12% correction in the next 2-4 weeks!Shortby Moshkelgosha224
Shorting PTON from $86.20 to the 144min 50MA.Shorting PTON from $86.20 to the 144min 50MA.Shortby edwardckim120
PTON giving traders a real workout!Are you tired from your PTON trading workout? Sweating much? :) I wonder how much of this was retail investors losing money. Institutional investors taking profits to other sectors. Look to the market first before evaluating any trade. This week is not the time to look for new long positions in any stock. Will put it on the watch list for the next period of growth, likely weeks to months away. by drewby43210
PTON target: ~~75 next week or two.After blowout earnings pushed a new high, we had a massive bearish engulfing. Looks to be way ahead of itself; would like to see it retreat back towards its 50day which nicely coincides with the previous uptrend line. MACD rolling over and about to cross. Upper bollinger band crossover sell. Does not look as healthy as their customers!Shortby tacosaurus0
014. PIGGISH PLAY - Short Peloton on the OpenWow, nice earnings report PTON. Not. Bad. At. All. Here's why it's a perfect storm for a short setup tomorrow, assuming it gaps up above 94: - Gap up above a huge shooting star daily candle ---> gap will close due to massive overhead resistance - It's Friday and the market is looking like it wants to dump in a serious way - 100 dollar/share psychological target is a perfect lure for longs - A clear path downward to sub-90 - If Amazon can rip down after a 10x ER post, I believe PTON can do the same after posting results that pale in comparison This play is a short-short; meaning that I plan on opening it and closing it tomorrow, using puts that expire tomorrow with a strike at the opening price. - Health-Conscious, But Not Stupid, Pig NASDAQ:PTONShortby UnknownUnicorn5511258Updated 171722
PTON EarningsNot really sure why this has the same market cap as an auto manufacturer, last time I checked stationary bikes don;t get you anywhere. Risky bet, only 2 put contracts, but lots of stocks falling on earnings so giving this a go. Also overbought and pumptarded.Shortby hungry_hippoUpdated 330
$PTON Time To Take Some Profits The company had blow out earnings and the stock has had a 12% swing from the lows after-hours. Entering a long now looks risky with some bearish divergence and the stock at a very elevated level. by RedHotStocks227
peloton with a mon$ter movesomeone knows something ... price action is there its singing a song premium saying its going to 130 which is insane.. but i guess people are looking for the next zoom play &out of all companies reporting earnings this one is probably most likely to have a *similar move* not saying it will.. but im pointing out it is a possibility set ups like these are rare (earnings + w/darvas box breakout at the same time) the large ellipse on the chart shows how on fridays sep 4th flash crash pton bounced strongly in the low 70's (previous resistance) and for the smaller ellipse thats just me highlighting the darvas box breakout. Longby clefairy11
Peleton: Possible Dump to the Mid to Upper 70s on EarningsHello traders, Peleton is up there with one of the most overvalued stocks in the market right now and should be traded with caution. How overvalued is it? Well, it works out to that each customer based on their valuation is worth over $30,000 dollars which obviously is absolutely absurd and unsustainable. Currently, Peleton is trading off a Wave 4 and I expect it to dump somewhat after earnings tomorrow. The target it could drop to would be around the 76-80 level. Having said that I see that as temporary as it will likely grind afterwards to the mid to upper 90s before completing a final Wave 5 before a sharp ABC correction downwards. For those who own the stock I would sell at-least 50% of your holding for profit and ride the final Wave 5 over the next month. I would not buy the stock pre-earnings from here. -zSplitby PaulDeep191314410
Peloton - hourly double top before earnings?I rarely trade earnings. When I look at the weekly I see price is extended from MA's. This could open lower tomorrow and/or end lower as it did between 9/2-9/3, if there is profit taking before earni ngs. Alternatively watch this for a nice Friday day trade, or a swing trade will set up that carries into next week. This could head lower to 70 or go up to 100. There will be a nice swing trade either way I opened weekly 80 puts today that I will close before earnings. I am watching stock for a post-earning trade.by OptionsRising110
PTON - pre-earnings rallyLooks like PTON is ready for pre-earnings rally. Printed greate reversal candle on the daily and on the hourly chart. Just got some analytic upgrades with average target above 100. One of a few stocks in my watch list with green pre-market Watching it closely to play the run up into earnings 10 septemberLongby AnaBloemkoolUpdated 2
$PTON Peloton Carrying a lot of optimism into earnings Lots of optimism amongst the longs coming into earnings and todays announcements added more fuel to the rally. It is noteworthy that todays rally stalled just below the previous high which hit the Fibonacci 1 - 2 -1 extension target. This must now be considered as a significant resistance having held twice in recent days. For those looking at higher targets $100 is a key psychological in confluence with the 2.628 Fib level. Stop loss below 7ma The RSI has room to run while the Stochastic is beginning to roll over.by Bullishcharts25