PTON has room to run to the next level of resistance and overhead supply at ~6.75. 50 day SMA is curling up nicely with increased volume in recent days.
Hello TradingView Family / Fellow Traders,
📈 NASDAQ:PTON has been overall bearish trading within the falling channel in red.
PTON is currently retesting the upper bound of the channel and a strong resistance zone highlighted in green.
🏹 For the bulls to assume control and shift the momentum from bearish to bullish, we need a daily candle close above the 7.5...
Trade idea: NASDAQ:PTON
Peloton is looking better now. The MACD, RSI, and accumulation/distribution are all trending up. If it can close above $6.50, there is further room to run.
Upside Targets:
$6.50 (resistance)
$8
$10
Downside Risk:
$5
NASDAQ:PTON has not faired well post-pandemic; many bulls harmed. And lets be honest... is riding a stationary bike in you guest bedroom really the best form of exercise anyway... I digress.
Could Mr. CO be accumulating PTON now to pump it to the pearly gates? Keep your eyes peeled and your phone nearby.
You never know when Bogdanoff might call.
break past 6.81 and longs can work for quick in and out trade/scalp trades 👀
break past 10 and things get fun though, ah I hope that day will come :) time will tell.. looks like the current break of support may be a short trap.
PTON made me good money in the last bull run after covid crash, it will always have a special place in my heart. boost and follow for...
May have trouble making interest payments on debt
Declining trend in earnings per share
Analysts anticipate sales decline in the current year
Stock price movements are quite volatile
Stock has fared poorly over the last month
Valuation implies a poor free cash flow yield
Not profitable over the last twelve months
observing the 1hr chart price action confirmed at...
If you haven`t sold the massive Head and Shoulders Bearish chart patter:
Or reentered ahead of a previous earnings spike:
Then analyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week,
I would consider purchasing the 7usd strike price at the money calls with
an expiration date of 2023-8-25,
for a...
Peloton - 30d expiry - We look to Sell at 9.78 (stop at 10.78)
Posted a Double Top formation.
9.82 has been pivotal.
9.87 has been pivotal.
We look to trade the current range.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
Our profit targets will be 7.28 and 6.78
Resistance: 7.50 / 8.60 / 9.00
Support: 6.62 / 6.30 /...
PTON: A long Opportunity From 6.7 ->AGAIN
From the previous analysis, the price reached our targets of +30% and +43%
So far the price is coming down again on our support zone by giving us another great buy opportunity.
Probably you may think that PTON it's not one of the best stocks out there....yes, I agree with you. But as long as PTON reacts fast and the...
Over the last year, Peloton Interactive, Inc. (NASDAQ: PTON) has been transitioning into a subscription business model instead of relying on its hardware sales. This could be an excellent move for the business since subscription models offer a higher profit margin. However, there is a litany of issues plaguing the company, including but not limited to a...
NASDAQ:PTON
if the bearish line is at 8.64, then the suggested targets are as follows:
Target 1: 8.38
Target 2: 8.17
Target 3: 7.94
These levels indicate potential price points where a bearish movement may occur based on the given data. Please note that market conditions can change rapidly, and it's important to conduct thorough research and analysis before...
PTON: A long Opportunity From 6.7 Looks Tempting
From the chart, we can see that PTON tested 6.7 area in September-2022.
Every time that the price tested this zone the minimum price increase was 40%
The chances are very high again that PTON could bounce again.
I am looking at as a minimum target 8.75 and 9.65.
As extended target 11.40
Thank you and Good Luck!
NASDAQ:PTON At FIB support inside the descending wedge. A long term swing. Bullish if it can break above $7.65. #PTON Recent pivot to gym app could be the beginning of turn around. Upside targets $8.69, $9.91, $10.86. Downside risk $5.00.
If NASDAQ:PTON breaks the $7.26 price level, it might come back to retest the $7.23 level, and if bounces off that price, it may go long to hit $7.83. If it fails to break out, then the trade fails, and it may continue falling lower. *This idea is just a possibility IF it does break out. I will try to let you guys know what happens.
