The bag holders here are going to be great to watch ;)
Peloton Interactive (PTON) rallies Wednesday after the second quarter financial results of fiscal 2023. The revenue came stronger than expectations, but the loss per share disappointed investors. Here are the key points: Peloton Revenue dropped 30% from the previous year same period, at $792.7 million topping the expectations of $710 million. The Loss per share...
I think this pennant is setting up for earnings and Fed meeting next week. Market has a $2 move priced in, but I think it'll move $3, and hit resistance or support. Expecting this to whipsaw around $11 until then, so no position. Quite frankly, I'm bearish on earnings, but shorts tend to cover on bad news so we could see one of those stupid deals where it...
Pelaton time to buy and see it #debadipb #profitsolution
if price can reach to point 1, and then decrease, you must buy in point two. but if price directly goes to point 3 you must sell in point 3.
Last week I swung some calls for a 60% and 86% profit. Is PTON losing steam? Momentum slowed as it neared an area of distribution. If it fails to base at 12 and falls below it, there doesn't appear to be much in the way to $9.
Long on the breakout. Watch for this move to the upside.
Even garbage floats on a rising tide, so I assume this pennant is going to break upwards for a double top. $13 target. Note: I am not long or bullish on PTON, I usually chart things before shorting, lol. I don;t think I'm shorting anything until the Fed meeting, this is a prime candidate next week though.
Another inverse head and shoulders with bullish divergence on the lowest low. Bullishly engulfing here on the 3D potentially seting up for a 3bar play continuation.
Peloton - 30d expiry - We look to Sell at 12.98 (stop at 14.41) The primary trend remains bearish. This stock has seen poor sales growth. The trend of lower highs is located at 13.15. The previous swing high is located at 13.35. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 9.41 and 9.01...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Looks like this garbage is headed for $12, lol Intraday pennant with target shown. Puts it right back in the pre-Fed whipsaw zone.
People can say Peleton is sooo much more than an exercise bike. I don't disagree, however, it's core business and most valuable product is it's bike. Sure, subscriptions and add-ons bring in lots of cash, but you won't get any of that subscription money if your target market is as small as this one's is. I say that because you have to be financially in a decent...
Got a gooooooooooooo feeling about this heading up to the 20 SMA on the daily. Could see this rally to the $12 mark in the next few weeks.
Education only: While there are many factors that are necessary when choosing to invest, the technical analysis is one part. In this case, Peleton has been consolidating for quite a few quarters on the back of massive slowdowns, revenue shortages and other negative news. It seems to have begun to make a base around the 10 dollar mark. Positive catalyst could lead...
Peloton is as hated now as it was loved in 2020 Didn’t one of the execs do a Tim Robbins? Anyways… This looks like huge consolidation RSI is in uptrend Massive gap above Keep shorting Beartards GRI 2022
Second gainer in October is NASDAQ:PTON . Holding period is 0 day (10/3/22-10/3/22). Account up 1%. This year, my account is up 75.8%, average holding period is 13 days. My trading method is mostly short term and is independent of market swings. Will keep updating on my trades.
$PTON after test to the pivot, it was rejected and get short, until the support at 8.17 I using a custom and dynamic support/resistance and pivot indicator programed by me if you want to me share a shapshot of a specific stock, send me a message cheers.