Buying peleton here on falling wedge breakout on volume news the CEO is stepping down and a great new one is coming in ahead of the bidding war for the company.
That advert with big made me laugh to.
Expect this one to double
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Buying into this at $64 is going to be a great trade. Sell zone in purple for a hopeful double in price over the next few months. Option prices are a little high so buying the actual stock isn't a bad trade.
#PTON Average price ever paid for this stock was $79.04. Average VWAP price ever paid for this stock was $83.44. The earnings gap down happened at the same time many institutional portfolios rebalanced for years end, you can see this on many other stocks in early November. Mediocre but not bad earnings with increases in subscription services and with most money...
$PTON +47
(Over $47 for calls)
Price targets: $48, $50
Technical analysis: Bounce off pivot point on the daily chart
Rationale: With increased news of a new virus variant, stay-at-home stocks could continue momentum upwards
Peloton Interactive coming towards the end of it’s symmetrical triangle on the weekly chart here.
It has quite strong resistance above.
Watch this stock closely for any sign of a break!
Watchlist activated.
Looks like some good pattern shift and bullish activity forming here. A good position to take advantage of the equity. Pattern formed is definitely a bullish shark- other indicators are very bullish as well. These patterns can be very violent and volatile, but rewarding. So hang on- get that money!
Looks like PTON is primed and ready for a solid trend line bounce, we bounced off oversold levels on the RSI, showed now weakness in the A/D, and we are also sitting a sold Fib levels which i lay out in the video. Overall i think this is a great dip to buy here for PTON NASDAQ:PTON
Here 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.
BABY LISTEN BUY PELOTON HAND OVER FIST THIS IS GOING TO 150. JUST LOOK AT THE FUCKING CHART EVERY MONKEY WITH HALF A BRAIN CAN SEE THIS. IM NOT GOING TO GET INTO FURTHER DETAIL BECAUSE ITS FUCKING OBVIOUS THIS GOING TO 150 BY JANUARY. VALUATION? PFFT WHAT IS THAT?
DEGENERATE? BUY THE 140 WEEKLY CALLS
SNOWFLAKE? BUY 3/19/21 150 CALLS
DONT LISTEN TO NO ONE BUT...
Hello traders,
Peleton is up there with one of the most overvalued stocks in the market right now and should be traded with caution. How overvalued is it? Well, it works out to that each customer based on their valuation is worth over $30,000 dollars which obviously is absolutely absurd and unsustainable.
Currently, Peleton is trading off a Wave 4 and I expect...
It broke the pivot out yesterday with reasonable volume. It is worth to watch
12 months Consensus Price Target: $47.36
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
