PTON looks like it's headed for a short squeeze, there is a significant gap it could look to close but thats a serious bounce to the upside.
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 we go over our last video to see how out setups ended up and we go over what setups we like for this coming week! Happy trading!
Options trading watchlist for the week
The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" ...
The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. I am cautious with new buys until the sentiment cools off a little. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list. Many of these have IPO'd in the last few years and still...
Hi Guys, Slow and careful today. $PTON was not giving it up until 10.21am. Got it good, Enda
Hi Guys, Won in WKHS & $PTON which were on the watch list and lost in $ORCL which was not! +$3010 for the day, Enjoy, Enda
Hi Guys, Got 3/3 win s in $PTON & $FSLY today. Nice and easy, Enjoy, Enda
Hi Guys, 1 ok and 1 decent trade today for 2 wins. Enjoy, Enda
Hi Guys, 2 picture perfect moves in $KODK and $PTON today. Enjoy, Enda
Hi Guys, Lots of moves all around but I had 1 BE on $IPOB and 1 winner in $SHLL. Nice and easy, Enda
Hi Guys, 1 crap winner in $NKLA and a $.05c win in $PTON. Bad day trading but nice winners all the same. Some $TSLA analysis in here also. Thanks, Enda
Hi Guys, Simple moves today in $PTON and $NKLA. Enjoy, Enda
HI Guys, Been working on a approach to trading as just trading $BA ran out of fule, so to speak. We're simply trading volume leaders in the mid cap range using the same system and it's working great!! Check it out!, Enda
Hi traders, Losing in one particular stock doesn't mean you should be done with it for the remainder of the day. One deeper pullback got me out of my PTON Long which then offered a really nice profitable opportunity later in the day which I sadly didn't take advantage of and cost myself money! Trades: 1) PTON - LONG @46.23, -1.02% *In my ID trades, I risk 1% of...