$PTON - Peloton Interactive Day trade Stock is currently sitting below the 20ma and hitting it since the open, A break above could bring some nice short term gains as the stock gets a runup into the earnings report. $160 is a reasonable target intraday if we get that MA break. Longby Xclusive-Trading2232
Buying Opportunity. Targets: $168, $215Greetings Investors, I’ll bullish on PTON based upon the following: Bullish Factors: 1. Strong uptrend since May 2020, with classic pullback and bounce from 38% FIBO. 2. PTON has pulled back between the monthly (blue) and quarterly (orange) EMA, a classic buying zone. 3. PTON has been rejected at $168, which is the current resistance and first target. 4. If PTON breaks through resistance with strong bullish volume, then the next target is $215. 5. RSI has fallen to a safe-level at 47.92, which I interpret that PTON has room for future momentum to the upside. Strategy : 1. Consider the OTM 19 Feb $150C or $160C. Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.Longby chiefwils0nUpdated 11
PTON for my recordspelaton chart using fib retracements. Bouncing off the 145. 169 target. by mdotkUpdated 1
Drop to 140??i was bored so lets just see what happens... tehe head and shoulders on 1 hr chart double top on daily... major level of resistance at 140 level, that might become support.by Jhol01Updated 0
PTON Bounce off ChannelRetested bottom of channel twice, bounced perfectly RSI low on all time frames TTM zeroing out indicating a squeeze is imminent Entry - the bounce off 147 PT1 - 1.272 Fib at 171.56 PT2 - 1.618 fib at 178 LT PT - 2.618 fib, 200 Also be advised that earnings is on the 4th, which is next Thursday, tread carefully and good luckLongby Samirp010
Channel tradeBeautiful uptrend and as long as the "upgrades and outperforms" keep coming I don't see any stopping this. My entry would be 161$ (goldline) or whenever it can get over the channel divider.. Will hold up until earnings Feb 11thLongby ContraryTrader0
PTON approaching 20SMALooking for rejection at 20SMA to continue bearish downward trend before retesting low 140s. by jacobprus111
$PTONEntry price : 143.80 Fundamentals : - Sector: Leisure - Services - EPS % Chg (Last Qtr): 239% - EPS % Chg (Previous Qtr): 287% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 232% - Sales % Chg (Previous Qtr): 171.75% - 3-Year Sales Growth Rate: 109% - Annual Pre -Tax Margin: -3.7%Longby paulopicaocapeloUpdated 0
Peloton Interactive: bearish in the short term Detected bearish divergence with RSI in daily and weekly charts. It's not the best point of entry in the stock. Wait until RSI turns oversold and begins to turn again up.by levimatt0
Entry IncomingEntering aggressive position @156 if volume comes in, ride up to blue line.Longby HadiDoesTrades1
PTON ShortRSI divergence Might form double top Short 160 stop 175 Target1 140 Target2 120 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.Shortby PlanTradePlanMMUpdated 5
$PTON nice run this past couple daysNice run after my post about the possibility. Now printed shooting start with todays candle. Can potentially trade down to 8 & 20 MA first by dragonboys0
PTON on the way to $200Great chat to take a look at today "PTON" -We can see the ascending trendline and the Support resistance zone as the two key elements to understand this chart The Ascending trendline represents the asset's long-term bullish trend, and we can see how the price is accelerating and taking distance from it. -The Support Resistance zone was the previous level in which a huge corrective structure was formed (ABC pattern) -After the breakout of it and a bullish impulse, we saw a corrective structure (smaller ABC pattern) finding support on the previous zone -Now we had a breakout of the small structure, and we expect a continuation of the bullish movement towards 184.86 (First target in which we will move our stop loss to break-even) and then to the final target 205.5, where we will close our long setup -The setup we developed was Entry above "B" and Stop below "C" (of the small corrective structure) / Break-Even and Take profit were explained on the previous itemsLongby ThinkingAntsOk224
$PTON held 20 MA today and trying to close 8 MABeen doing touch and go at 20 MA for the past few days and this seems ready to for another push into earnings. 158 would likely act as some resistanceLongby dragonboys0
Sunday Outlook 1/11-1/15 $MCD $V $MA $W $VMW $HD $PTONHere i take a look at some stocks I am watching for the coming week, i breakdown the current patterns i'm seeing on them and how i would play them moving forward. Long12:02by ThirtyninethParallelInvestment6
PTON Trade Idea11/Jan: nice comeback from 20 MA relatively lack of volume Case 1: (Time Frame to 2~3 weeks) (A)Monday first break even resistance on 162 (B)expecting pull back to 10 MA to complete handle (C)the CUP HANDLE formed after reclaim ATH Line (D)(E) Need volume+Catalysis to extend the uptrend Action item: Call Opps on pull back to 10 MA Case 2: 3-C forming (1~2weeks) Consolidate between 162-154 with low volume breakout with volume Action item: Open Call with tightest price date Case 3: Start uptrend from Monday🤷♂️Longby moneyseemoneydo20201
PTON - Bull Flag (Etoro Portfolio)Price uptrend (since beginning of Nov 2020), cross over MA50 (blue line) and MA20 (orange line). Two times touch MA50 line till price 167.00 and appeared downtrend with 8 trading days to form a build up. A price rejection : pin bar on MA20 line, draw a trendline (purple line) from first day of downtrend. RSI and MACD also in uptrend signal. Next day a strong bullish candle breakout as confirmation and reversal buy point after that. IBD's RS (Relative Strength) = 98, Industry Group Rank = 24 / 197 ===================================================================================================================== I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.twby ginlin840
PTON Round UpPTON is forming a rounding up formation and it looking like it will reach recent highs at the 164 range. Also it formed a hammer doji at the bottom of the formation which is a bullish sign.Longby BBTrader290