clear trendyou can see I gave entries at the green arrows :) more alerts in the future! Longby Vibranium_Capital15
"PTON Long" Bullish will this see $120 by DecemberPTON nice overall bullish chart, I like the buying that came on 9/29/2020 once it popped the top at 98.61. On 9/30/2020 we retested that level and held to confirm that breakout. 10/1/2020 nice buying came in to take out recent highs and now I will be looking to see if this can reclaim that 108.10 level and form some nice consolidation to take out that $111.44 - $112.37 area of resistance. At which point a nice range will be formed, which is $112.37 - $120.22 range. The key area I will be watching for this idea to play out will be $108.10 to see if it can make that next leg higher into December. I will keep a close eye on that top channel and 110.25 recent high to see how price action reacts to it as well.Longby marcskystocks4
$PTON - Is this end of Parabolic Curve? Sell Point at $110.25? $PTON performed parabolic trading pattern which hit $110.25 & kudos to who ride this curve. Now $110.25 needs to be breached to go any higher otherwise it out of the gas and Sell-off has been triggered. Good Luck.Shortby Gem-HunterUpdated 443
Adding to #PTON call options 7/17 hereAdded to my OTM PTON $60 7/17 here, based on strong support in this area... can see that with the visible range indicator. Seeing a falling wedge on RSI hourly, those are reversal patterns... again with OTM plays, not betting that PTON gets to $60, but that general movement will be upwards. Longby leongabanUpdated 11
PTON Break Out In progressTrade Ideas - buy the stock target 110 with SL below SMA20 daily - buy Call 95 OCT16Longby Siims123Updated 112
PTON 021020 Intraday trade ideaWith the market´s sell off thanks to this kind of news, we were looking stocks with high level of confidence to get bullish opportunities, for that reason we took PTON, we see 102,02 as a support to take longs until 104,55Longby Five5Alpha1
PTON to 113!This is me again! PTON en route! Long from 101.13 to 113.00! Longby VaggitarianUpdated 112
$PTON consolidating - will go up soonPTON is bullish will go $110 by October mid as the overall trend is bullish both in daily charts and hourly.Longby pleasedCamel10675445
PTON:NASDAQ - PELOTON INTERACTIVE - 300% run since March lowsPeloton is another business benefiting from the stay-at-home economy with people increasingly looking for home-gym exercise type solutions. RSI looking good, but getting close to earnings which are probably likely to be up - but are they up as much as shareholders expect. Watch up for a pullback to retest that resistance area, but a stock worth keeping an eye on the longer the stay home environment runs. Longby zAngusUpdated 1
$PTON Peloton reversal trade PTON has acted very strong amongst the market turmoil and the increase in COVID cases and lockdowns worldwide underlines the potential ahead for the company. Today we could see a nice reversal trade opportunity. Targets as per Gann channel Longby BullishchartsUpdated 5522
(P)TON of potentialOn one hand, there's no way I'm buying PTON this close to its highs and this far from POC resistance levels. On the other, the company held strong against news that AMZN and AAPL are encroaching in its space, has been nimble at expanding into other workout areas, and has money flowing back into the stock. Still wouldn't buy right now, but if it pulls back or breaks out over recent highs, I'm in.by quod_erat221
PTONI WOULD GO LONG OVER 100. IF PTON FAILS AT 100 AGAIN, IT CAN DROP BACK DOWN TO 92, 88. TRADE IDEA: 105C 10/2by KevinBurrows446
PTON currently in wave 5, due for another correction soon?Am new to Elliotwave analysis but this is my attempt.Longby josephyap1
Head and Shoulders on $PTONGet in on this short opportunity for $PTON on the final right shoulder. This could be a great ride down. Shortby Harry_Hood333
$PTON H&S Target $79 but need confirmationCurrently $PTON forming right shoulder and if goes below $87 that will confirm the pattern and drop to $79.Shortby Gem-HunterUpdated 0
PTON cup and handle 30 minPTON Cup and Handle 30 minute chart. Look for breakout.Shortby ckingston331
+$1250 with 1/1 wins in $PTONHi Guys, Slow and careful today. $PTON was not giving it up until 10.21am. Got it good, Enda03:02by TrendSpotter11
Rising wedge forming on the hourly Short term we stay in the 100+ area. Long term we see a downtrend in priceeLongby naccan0
PTON- The StratBroke yesterdays high(inside day, 1) premarket. Got on entry on the 5 min. Looking for another entryLongby Ken_Adam3
long positiondespite the drop in the middle of the day , the PTON kept going up respecting the trend line Longby DominatorTN111
+$3010 today with 2/3 wins Hi Guys, Won in WKHS & $PTON which were on the watch list and lost in $ORCL which was not! +$3010 for the day, Enjoy, Enda07:33by TrendSpotter11
Short below $86 long over $90My PT is $80. If PTON breaks below $86 then it will fall to $80. I'm not going to long unless it can break back over $90Short01:59by Dougie_dee223
Peloton (PTON): The Apple and Netflix of the Fitness IndustryIf you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. What is Peloton Interactive (PTON)? - Peloton is a home fitness company that offers fitness products such as an indoor cycle, and a treadmill, as well as live workout content - Peloton is similar to Apple (AAPL) in that it promotes the establishment of a hardware-based ecosystem - It’s also similar to Netflix (NFLX) in that it offers various fitness content in subscription form Financials - They initially anticipated $1.72 billion in revenue for 2020, which has been modified to $1.74 billion due to their explosive growth - This means that PTON demonstrates a 89% year-over-year growth in revenue - Out of their total revenue, 79% consists of sales of connected fitness products, and 20% from their subscription service - PTON is one of the few stocks that has benefited from the pandemic. - With an increasing number of people staying indoors, wanting to exercise, demand for Peloton’s products and services skyrocketed. - Due to the Coronavirus (COVID-19), they have managed to be profitable for the fourth quarter with an Earnings per Share (EPS) at 27 cents. - While they are not extremely profitable yet, as PTON is a growth stock, the fact that they have $500 million in cash proves that they will be financially stable for the short term. Business Analysis - The fitness machines sold by Peloton are not normal indoor cycles and treadmills with screens attached - These fitness machines, which cost $2,245 and $4,295, apply cutting-edge technology that allow users to meticulously control the angle and resistance. - Moreover, these products provide accurate data on the user’s athletic performance. - The hardware provided by Peloton Interactive are optimized for the contents they provide. - PTON’s instructors are 30 of the most famous fitness influencers on social media. - As such, they could expand their streams of revenue to paid advertisements, and ecommerce opportunities, diversifying the business. - They offer two subscription plans: - A ‘Connected Fitness’ plan based on the hardware they offer - And a digital membership that is offered separately - Connected Fitness allows users to participate in live cycling sessions, and receive immediate feedback from the instructor - The number of users subscribing to Connected Fitness is skyrocketing, with a 94% increase in users compared to that of the last quarter - The number of subscribers for Connected Fitness surpassed 1 million in 2020 May - The digital membership subscription does not require a Peloton hardware, and offers various types of content besides running and cycling, such as yoga, meditation, and boot camps. - Their customer churn rate remains extremely low at 0.65% every quarter, while the number of users continue to grow every quarter Technical Analysis - We can see that prices have been in a phase of accumulation for a long time since later 2019 - As prices traded within a descending parallel channel, we saw a sharp breakdown caused by the market drop, which was triggered by the Corona Virus (COVID-19) - Unlike other companies that were severely affected by the virus, the pandemic was an opportunity for Peloton to grow. - As a result, we saw prices break through the $40 resistance zone, and rally in a parabolic trend - Along the way, it has undergone a phase of re-accumulation, before reaching its all-time high at $91.17 - Currently, we have seen prices cool off, bouncing at $79.34 where the 0.236 Fibonacci support and parallel channel trend line support converge - The 20 Simple Moving Average (SMA) is also a good indicator of PTON's bullish trend, as well as strong support. - Based on fundamentals, unless we see a corrective confirmation below $80, we could anticipate new all-time highs for PTON. Conclusion Peloton is on its way to completing a hierarchical process of 'hardware-software-content-community' funneling users into their ecosystem. This ecosystem that Peloton is designing has been attempted by many, but successfully done by only a few. With the development of each elements and growth as a whole, we could expect a huge augmentation in the barrier to entry. One thing to note about growth stocks such as PTON is that the essence of the business is rooted on tech. To say Peloton Interactive (PTON) is another fitness-related company like Fitbit (FIT) is to compare Amazon (AMZN) to bookstores and Tesla Motors (TSLA) to automotive companies.Longby Michael_Wang_Official12