Another from the weekly stock picks of Stockdweebs. PLNT has been consolidating for a while. If it breaks the upper trendline look for it to hit some resistance at the up standard deviation channel
My weekly position! Going to short ( buy puts I should say ) Planet Fitness Technicals & Fundamentals support a decline in value of this stock short term and I am very excited to explain my findings, beliefs, & trading strategy. Technical Analysis: I. Candle stick analysis II. MACD shows growing bearish divergence/ weakening bullish divergence III....
NYSE:PLNT daily might be about to break out of a triangle pattern which will initiate a long position with good risk vs reward potential. MACD is lined up and ready and the entry can either be above today's high for aggressive traders or you can wait for the first pullback after the breakout if you want to wait for more proof.
(This is the chart of a random company for purposes of illustration) Well... I don't know guys, not sure if the World economy(economies) are healthy but here are some facts: Fact 1: They have been printing debt... but that doesn't mean we have to pay for it Fact 2: The stock markets are HIGH... but we might look at them next year and say they are now...
I rolled into a couple dumb May 21st 92.5 calls a couple weeks back and overpaid when the underlying was rallying. Showing some promise now, although I'm tempted to close this trade and take a loss when it straddles it's par fib trend level 1.0 @ $86.50. My thinking was half the cohort that travel want to get back in shape before traveling again; this group...
PLNT following a trend and RSI AND STOCHASTIC are both moving upwards with PRICE ACTION toward LONG. Please check and comment your thoughts.
This is another example of a Running Flat Elliot Correction Wave. XLY is looking to head higher, I would need more confirmation with the lower time frame in the form of an LDC (LOWER DEGREE CORRECTION) prior to opening a position in calls.
Planet FItness. This looks like a Harmonic Pattern i have been trying to understand. Lets what planet we land on. This is by no means a prediction. Just chart practice.
Looking like we are touching the bottom of a channel right now. Interesting points: - Resistance in ~$80s-$90s with top of channel and previous highs - Weak support around ~$68
Estimated Earnings 2-18 aftermarket close..No rising wedges in the yearly chart It would seem this would be a tough earnings report for a gym..considering the whole country is or has been under the weather for the past year according to the current governement and the media.. Trading at earnings is risky as market response can be unpredictable.. I go to this...
Looking for a continuation. Bullish EMA cross. Needs to come down a bit before I enter for a smaller stop loss. RSI also overbought.
85 call exp. Feb looks very good as IV increases prior earnings. To be sold before earnings
I've filled this chart with as many higher end: or Becky, discretionary spending stocks as I was able to. A thousand dollars in each at the start would've produced some very nice returns.
Price prediction made based on technical indicators and candles. Comment your prediction below
Planet Fitness is moving up in the world and forming a Cup and Handle pattern.. That spike up to 83.09 has hurt performance it seems and caused a fairly significan pull back after the throwback occurred. Throwbacks are when price breaks into long entry level then "Throws" back. It differs from a healthy pull back.. NV was very high at that gap up to 83.09..just...
Great risk reward play here on a name that could see more growth on the hells of a vaccine.