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UnknownUnicorn7308096

$PTON at Trend-Line Support | It's a Buy

Long
Peloton Interactive, Inc. (NASDAQ:PTON)  
UnknownUnicorn7308096 Updated   
NASDAQ:PTON   Peloton Interactive, Inc.
Chart Patterns pton
12
1
chartpattern pton
$PTON bouncing off trend-line support around $100, forming an inverse H&S on the 5/15 minute. Also note 15/30min descending trend-line acting as resistance; I am looking for a breakout of that trend-line for a push to $120.

snapshot

Took a synthetic long STO $PTON $105p 11/20 avg $$4.50 + BTO $PTON $110c avg $2.10 $114c avg $1.30
Comment:
Took my initial off this trade at nearly 100% profits. Looking for more upside tomorrow and potentially next week. Beautiful breakout, retest — it's ready for more.

snapshot
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