Looks like we're gearing up for a good short opportunity in perhaps just a few days.
Alert set for break above $58.30 Possible long trade to golden pocket
TA and FA aligning, i feel strongly about this one...
I placed a swing trade today based on a hunch that my gym is going to suffer membership decline on a scale which has yet to be priced in. When RSI, ADX, MACD, and my other favorite oscillators failed to confirm my bias on the daily chart after the fact, good old Stochastic came through with a clean overbought crossover sell signal. It also happens that the...
Brief Analysis on PLNT. Assuming it had already reached a SIGNIFICANT LOW, the 23.6% resistance line at $38.92 looks to be the next stop. If it breaks through that first resistance, it is headed to the high forties, however, if it fails to break the resistance assume a fallback to the high/mid 20's.
Possible entry level $83.40 Target price $97.54 Stop loss $79.95 Company profile Planet Fitness, Inc. engages in the operation and franchise of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the U.S.,...
Currently trading in a bullish channel with trendline and 20sma support. Can make a run at ATH as long as channel support holds.
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Golden cross just completes. MACD reversing very bullish while macd has just crossed above zero line. RSI room to run higher. Momentum and market sentiment strong.
PLNT: Planet Fitness, Inc. 2019-12-04 17:35:00 Planet Fitness, Inc. Announces Accelerated Share Repurchase Program
Blowout earnings and raised guidance , whats not to love. System-Wide Same Store Sales Increased 7.9% 41 New Planet Fitness Stores Opened Raises Full Year Outlook HAMPTON, N.H., Nov. 7, 2019 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2019. Third Quarter Fiscal 2019...
Extremely low subscription costs for members result in the no frills fitness facilities continuing to have high demand. Locations tend to be in high population density areas, close to work, retail and residential facilities. The subscription service is so low that even those that fail to make use of the facility tend to forget about cancelling. Sold off in...
Planet fitness seems to have found support at the $56.80 level which acted as resistance in late 2018 and then as support in early 2019 once that level was broke. I'd look for a long-term long position into 2020.