PTON UpdateI totally forgot I drew up an enormous H&S pattern months ago, lol. Played out perfectly. Anyways, I'm throwing up this plot because daily MFI went oversold yesterday. It can still go down until RSI goes oversold, like I've been saying all week, nobody besides the algos are buying this, how many people are thinking "Hey, there's a war in Europe, let's buy stock in a money losing exercise equipment company"? But anyways, algos might buy because it;s oversold, or it might SFIX it's way to $11. Could go either way from hereby hungry_hippoUpdated 883
PTONWhats up guy's we are trading PTON to see if price will fill the gap before continuing the move to the upside. Let's see how price reacts from here. Shortby TKProphet332
PTON - PnF Verticals (A case study)Couldn't get 'em out the door fast enough. :o) Remember? From the first vertical measure, it was apparent that a selloff be quite a set back. While these targets are only estimates, they can provide some valuable insight into what may lie ahead. With the TL break, a 2nd measure could be done, and this one was the one to grab one's attention. Again, no guarantee either (2 or 3 fib levels) would be reached, but it did point to the possibility. Those that apply verticals have undoubtedly seen enough examples to take heed of what they suggest. Sometimes the "2s" do the work, others the "3s". They're no panacea, but who thought PTON could "go low" to the extent it did. PnF can be a great complement to candle charts (it doesn't have to be one or the other). Each has it's advantages. Something to consider. :o)Shortby ta96ninja0
strategy for PTON monday 02/14/2022PTON: buy zone ( 34.00 ) ( 33.69 ) bearish continuity ( 33.50 ) we can see on the daily chart that the price is above the mv 9, 20 and 50 period, but this can be subjective. PTON: bullish entry: above ( 35.00 ) with the possibility of touching the sell zone ( 39.55 ) ( 39.20 )by RobertoTraderWithoutStress111
PTON Priming for run up?????I've had my eye on PTON for the last 2 weeks...It appears to be forming a bottom for a potential entry point...I have no money in this stock YET as there is still a potential for another drop to Mar 2020 levels...It has had some nice news with potential buyers and replacement of CEO...They missed huge on earnings (which was to be expected) but I see potential in this stock...My first price target would be the 100MA at the $55 level...There is a GAP fill up to $85ish but I think we bounce around from $25 to $50 range until better news and earnings...Happy Trading!!!!by QuandaleDingleOG1
PTON Peloton consolidation areaAfter the price target from the last PTON idea was perfectly touched: Now i see the stock consolidate in the $30 - $39 are before the important announcement of a takeover maybe. Looking forward to read your opinion about it. by TopgOptions9
Peloton (PTON) - Rising in the time of uncertainty 🤷-Great interest on this stock but is it worth it? Well lets take a look at the company and the situation. -Peloton’s shares soared almost 21% on Monday, closing slightly above the company’s debut price of $29, as the beaten-down connected fitness company attracts interest from outsiders. -Thus far, reports have named Amazon and Nike as potential suitors. One analyst thinks Apple is “aggressively involved,” too. But all talks are preliminary, and Peloton has yet to kick off a formal sales process -For one, CEO John Foley along with other Peloton insiders had a combined voting control of roughly 80% as of Sept. 30, making it practically impossible for any deal to go through without their approval. Baird analyst Jonathan Komp said in a research note on Monday that Foley likely won’t be willing to sell, unless there is enough internal pressure stemming from Peloton’s recent stock sell-off. -Financially company is not really doing well as the Q2 2022 results were a total disaster with an EPS of -33% and Earnings -1.51%. This year alone the stock fell 79% from its former price point. Another big issue financially is that the company is not in profit and won't be for the future 3 years. With the current economical situation where the economy might get unstable after the rate rise, any unprofitable company is at a great risk. Golden rule, positive cash flow is the king! But we think the biggest issue is that they have less than 1 year of cash runway.. -Revenue vs Market: PTON's revenue (16.9% per year) is forecast to grow faster than the US market (9% per year). This is good! -High Growth Revenue: PTON's revenue (16.9% per year) is forecast to grow slower than 20% per year. Not so good for a company that is expected to grow faster than the industry and the market average. Our Target Price: 1st Target: $35 2nd Target: $24Shortby caldooninvestment224
PTON Peloton potential takeover by Amazon ??Amazon has reached out Peloton about a potential deal. The Financial Times said Nike is also considering a bid. Peloton's market value is around $8.1 billion, down from its high last year of $50bn. Looking at the chart, PTON touched 3 times the buy area of 23usd and just bounced from that support. My price target is 37usd. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 559
PLTON strong of 161 support Starting to feel a lot more bearish. Been posting bearish setups for close to a year but many of them hit their targets and the following supports have failed to break to this point. Picking up the ones that have been through real bloodbaths to balance out my bear trades. Longby holeyprofit1
$PTON - Buyout rumor hangover?? Multi-day analysis on $PTON. These are pretty low (relative) levels... Watching this into close today, to see if it holds and shows sign of stabilizing, or fades to the downside as rumors fizzle... Fun speculation: What's the better buyout - $AMZN $NIKE or possibly "what if" - $AAPL? 🧐 LMK your thoughts! by StrongLikeBull111
PTON - Deeply Oversold, Heavily ShortedPTON has collapsed from the Covid highs around $170 to current level around $29. Short interest has been persistently rising since November of last year. This bounce on Monday could set of a chain of short coverings, which will probably put the stock on the radar of Wall Street Bets., which can be a catalyst in and of itself. There's a huge gap at $61 so if this initial move pokes its head into the $60's, we'll see $80+ quickly. Longby marketwizard1
PTON 37% IN HORIZONIt is expected to achieve area between $38-42 per point and figure counts Longby majed_333Updated 110
Your chance to unload in case you were in it..Whats the "headlines". Amazon is buying PTON.. Nike is PTON. How about Burger King or CVS? Maybe Lowes will buy PTON. I think you catch my drift. I would not want to be holding Peloton. I would not short it.. well, I would but I am not. Out of 8000 tickers, there are better things to be in. Someone is unloading their PTON and as always, gets some headlines put out to get all the kids excited that have no idea what they are doing and they think PTON is going to 4000 one day. Nike is buying them! Amazon is buying them! Dump this garbage. Buy in a few months if you want, there will be decent percentages to be made, even with just a lower high. by Original_Stock_Whisperer161613
Bad Episodic Pivot Candidate. Just watch. A lot of risk.Earnings inbound, strong downtrend, bad market... Just watch new range characteristics unless you like to gamble. This needs to clear overhead supply and resistance before it becomes buyable. The best case scenario for bulls is this builds a new base. Any parabolic moves are suspect to mean reversion setups the following days.by flywsam1
Bias more on upside. 06/02/2022 News: Amazon is exploring offer for Peloton and shares surge 30% after market. Peloton's sales boomed during COVID-19 lockdowns, with many snapping up home fitness equipment. But its fortunes began to fade as vaccinations increased, gyms reopened and rivals offered competitive products. In November, it hinted that demand for its exercise bikes and treadmills was slowing faster than expected, and its market capitalization since then has shrunk to about $8 billion from a peak of nearly $52 billion in early 2021. Source: www.investing.com SL: 18 TP: Break above $35.50 may see $50 next.Longby probabilityta1
$PTON on 1hr Triple Bottom 2/4If support gets tested 3x, there can be a potential breakout to the upside creating a triple bottom pattern. What are your thoughts? Think $PTON has more room to go to the downside for earnings puts? 2/8 Thanks, Kelly :) by angelbaetrades2
Peloton Interactive (NASDAQ:PTON) jumped 39.5% after hoursThere is a possibility of PTON's takeover. Peloton jumps 40% as suitors including Amazon, Nike circle company...Longby DevilTrader1682
PTONbounced off horizontal and trendline support areas. Could see a rally for a few days but correction near earnings. Large gap in the daily chart if we ever get to that bridge in the coming months. Longby BullishBear082
Peloton InteractivePreliminary DD shows that most insiders sold at the top. Gap Fill at $20.5 on the weekly chart. Could go lower due to poor management and sentiment. by ILuminosity1
$PTON TRADING AT AN DISCOUNTEstimated FMV of $45 Trading at covid level lows. 👀Watch it👀Longby Niqolus220
strategy for PTON Tuesday 01/25/2022PTON: sell zone ( 32.60 ) ( 31.50 ) in case of breakout of the sell zone price of bullish continuity (33.00) bearish entry: below ( 29.00 ) until the buy zone. in case of breakage of the buy zone the bearish continuity price (23.00) always wait for confirmationby RobertoTraderWithoutStress1
PTON Peloton Buy area after a Massive Head and Shoulders The price target of the massive head and shoulders bearish chart pattern was reached yesterday. Insiders sold around 500Mil worth of shares last year. PTON went lower than its IPO price, $29 and is now trading in a consolidation area. the price is not yet safe in that range. My buy area is $18 to $24.5 Looking forward to read your opinion about it. by TopgOptions338