Get started
PELOTON INTERACTIVEPELOTON INTERACTIVEPELOTON INTERACTIVE

PELOTON INTERACTIVE

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

1PTON trade ideas

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.
NASDAQ:PTONLong
by chiefwils0n
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 items
NASDAQ:PTONLong
by ThinkingAntsOk
2
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🤷‍♂️
NASDAQ:PTONLong
by moneyseemoneydo2020
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.tw
NASDAQ:PTON
by ginlin84