1PTON trade ideas
Buy $PTON ,High risk High returns Buy now 25% at area A
Buy 75% after a daily close above area B
Good Luck...
Peloton, all phase of a bubble formation in market!Just look at this chart and see how after a 866% gain in 43 weeks peloton lost almost all of it in 47 weeks!
Looking at the current trend of decline in revenue, it may never get back on the past all times high!
No need to say rivals coming one after the other!
Price action trade could happen!
Do you know who created this bubble???
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
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[Positional] Peloton Interactive Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Eek look out below $PTON, next stop $68. H&S top confirmed.This is one of the ugliest charts I've come across in a while. It looks to be breaking down from a head and shoulders top w/ the neckline at ~$94.
Next stop at $68, with lower supports at $52, $43 and $34. Break one support and we'll see the next level down.
PTONPTON broke micro structural level. If price fails to break above we will see a continuation to downside.
$PTON with some weekend drama... #peloton @pelotonStay-at-home names have been struggling and this one was losing the support zone before the HBO bad press
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Maybe short?Bad sityation with this share. If breakdown support - short.
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🔴 Online fitness is out of trendPeloton is an American remote training equipment company launched with funding through Kickstarter in 2013. The company is based in New York. The main product is an exercise bike that allows users to remotely participate in spinning classes that are streamed from the company's fitness studio and paid for through a monthly subscription service. Founded in 2012. Revenue $ 2.2 billion (1st half of 2021). Capitalization $ 13.8 billion
A trade on the breakout of the support level ($ 40.8).
Vaccine positive news, $ PFE vaccine effective against Omikron -> people will go to the gym more than exercise at home. Fundamentally, I don't like the company, I expect it to fall further.
1) Close of the daily candle under LOW.
2) Closing near the level.
3) Approaching the level on short candles.
5) Compression.
6) Accumulation near the level.
Long below $ 40.7 (entry by limit order)
Goal 1: $ 39.1
Goal 2: $ 35.85
Goal 3: $ 32.4
Stop above $ 41.8
NOT IRR
$PTON inside week!Just going to start doing one inside week that we can track. $PTON this week!
Very tight range at a support zone on the weekly!
PelotonMass user base. Wonderful platform. Charts looking like they found a bottom. Might take a week or so but I'm in.
$PTON LONG VWAP/Average Price Analysis#PTON Average price ever paid for this stock was $79.04. Average VWAP price ever paid for this stock was $83.44. The earnings gap down happened at the same time many institutional portfolios rebalanced for years end, you can see this on many other stocks in early November. Mediocre but not bad earnings with increases in subscription services and with most money being reinvested into RD and marketing PTON is here to stay regardless of what others think with a great PEG ratio of -.03 indicating very undervalued. The next major demand zone is at 39$ the next major supply zone is at 80$ right where that average price ever paid is sitting. The likely move is a retracement test into that 39 demand zone and then a parabolic move back into that gigantic gap between $55-$80. Don't you think some orders might have been left in that massive gap? Current accumulation/Distribution volume indicates holdings equal to late September 2020 when the stock was at you guessed it the $80 range. Great play with the potential to double in price over the next 6 months to year. My choice would be JULY 2022 calls.
PTON long: Trade ID: 031addition to original trade inception on 11.8.2021.
thoughts: shooting for a gap fill that happened after earnings. coupled that with going into holiday season, and PTON has a cult-like following. fantastic risk/reward trade.
11/29 - 12/3 | PTON | Watchlist #2 $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
PTONSetting alerts on either side of this consolidation after a gap down in order to help confirm my directional bias.
$PTON Peloton Falling Knife Catcher or Buy the Dip Opportunity?Much like Zillow, PTON continues to follow similar price action over the past year and just fell through a key support level at $50. It made a H&S pattern longer term earlier this year which will take this stock down to $20 if it were to fully resolve. Next key level of support is $35, then to $20 thereafter. Should be able to take advantage of some strong bounce plays between now and then on this one.
PTON PT 80+Peloton entry first 50% 42-44, second 50% 36-38
ADX and DI support + RSI oversold
Main price target ~80+
If break channel =>
PT 2 = 94
PT 3 = 112
PT 4 = 138
PTON shortPTON reminds of GRRO, probably going to continue lower. Got to have new products and new ways of making money, other wise the party is over.
PTON LongWhat do you guys think about this long? Potential breakout of falling wedge if it holds this support.
$PTON Peloton YOLOWeekly level test. Bit of a yolo long. Will look for confirmations on PT's on lower time frames.
Online fitness with 50% potentialPeloton Interactive is an American company that produces exercise bikes and treadmills with a built-in monitor with on-line broadcasts from professional trainers that allow you to be present at workouts remotely. The company has developed a platform for distance classes in yoga, stretching, pilates, cardio training, meditation, and more, with the provision of subscription access. The company was founded in 2012. In 2013, it raised funding through Kickstarter.
The trend for sports and health promotion + everything related to remote provision of services will be relevant for a long time.
After the collapse on the bad report on November 5, there was no buyback on the daily candlestick -> the fall continued until the support block reached $ 47.5-49.5.
Accumulation is forming. In general, it can go even lower. Sellers are testing the lower boundary of the block, which acts as a support level.
A reasonable entry into a long position from $ 47.5-48 with a short stop per level.
When leaving below support blocks: $ 43-45.3 / $ 36-39
Speculative target: $ 53
Medium: $ 69
NOT IRR.
