PTON trade ideas
PTONAll the MAs hooking up underneath and getting compressed with price. Never traded this name but I'll be watching if it gets over the 125/130 area.
PTON waiting for a breakoutI don't usually trade stocks in downtrend, but this one is turning out to be a decent setup. Price just crossed 200 DMA, will trade the breakout
PELETON Rising- PTONLooks 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!
Peloton - bullish flatWhether a running or an expanded flat (wave C breaks wave A).
Support by MA50
Wait for a confirming price action to the upside
PTON UPDATEHello Traders,
PTON has reached our goal, we will close out trade now and wait to see how the red line will react.
If we get a breakout; we will enter once again with the green lines as targets.
If not, we will wait until our previous entry in the red line.
Cheers.
NIO 1D FRAMEHello there,
If PTON can close above the RED line, we can see a wave to the GREEN line in the upcoming days with a +27% gain possibility.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
PTON at inflection point Completely Neutral here. Not financial advice.
A few things of interest/worth noting.
1. A previous long/mid term trendline (blue) was broken
2. potential head and shoulders on daily, but so far looks to have failed at the right shoulder "neckline"
3. A fairly neat channel now forming with a higher than average volume test to the upside about to occur
Keeping this bi-directional.
Thoughts:
Scenario a: breakout from the channel and set first upside target as the previous uptrend (blue line)
Scenario b: reject the top of channel and set first downside target to bottom of channel, multiple targets below as a complex head and shoulders
will be interesting to see how this plays out!
$PTON Trade Idea$PTON Trade Idea
Entry: 118
Strike: 6/25 120c (1.62x1.68)
Targets: 122, 125, 129
Support: 113, 109, 105
@TradingView
@KyleTrades86
PTONStrong impulse move here for PTON. I'm expecting a correction/retracement to the 50-61.8 level of this Daily candle. If you noticed we are in a position to spring forward here. Break above bullish falling wedge, Confirmed break out, Confirmed retest of previous month 61.8 level.
I expect a 108-110 entry for contracts 2 weeks out to look for the close of the gap at 118 on the 4hr candle.
A close on the day below 108 makes this trade invalid.
Running from 61.8 to the 1.618 level and closing
one contract and if possible closing at 30%
PTON - LongAfter being beat up badly over the treadmill debacle, PTON finally pivoted and broke its downtrend on good volume, Great volume on frida This is on top watch for me this week. It could very well chop around another week before making its move back to $125 which is my short-term target. Long-term target $150 if market conditions are favorable. Trade invalidated if $108 is lost
PTON ready for a swing to the upsidePeloton on the verge of breaking a very important top trendline resistance, could see 130 in next few weeks or months if it breaks and holds! long 113 stop loss 103 price target 130 PT 2 160. decent risk reward here! dont forget to like and follow if you enjoy my ideas <3
PTON Analysis Price Target 145 in 4 weeks
Bull Flag
Wedge Break
Inverse H&S
Increasing Volume + Momentum
PTONPeloton Interactive Inc (NASDAQ:PTON) is showing signs of an upcoming breakout. I believe the stock is gaining momentum and could keep running. Watch the stock closely next week.
PTON Riding HighPTON looks ready to break through resistance and move higher after a strong showing today. The 50 EMA has come down to the 200 EMA and is just starting to turn back up.
Peloton completed the H&S formation- Negative Outlook: H&S completed
- Indicators: bearish
- Trend: bearish
- Stop-Loss: 110 USD
- Target: 80 USD
Peloton is not looking good at all. MACD will cross from above to below (on daily it will need a few days) and RSI and MACD have a descending trend. SMA 200 is broken a long time ago and slow stochastic just shows a new downtrend incoming. H&S formation was confirmed thanks to the huge spike in volume. Bounce back is completed in the upcoming days. If the chart can’t get above the 100 USD line into the 110 USD zone, there is no chance for the chart to get back on track. Target is at 80 USD. If we breach that line new target is at around 73 USD.
Also, don’t forget that Peloton just reported strong quarterly financials. So, the company is (from a fundamental standpoint) in good health. The treadmill problem is not that big of an issue as thought and further growth shouldn’t be a problem. Nevertheless, the market is not sure about how long this will be possible considering the fact that Peloton is a winner of the pandemic.
$PTON Trade Idea$PTON Trade Idea
Entry: 113
Strike: 6/11 115c
Targets: 118, 122, 126
Support: 105, 102, 100
@TradingView
@KyleTrades86
Pre covid short playWe could possibly a bull trap here. if it breaks above the 200MA I will not take a short position. I am almost positive price will get rejected at the 200ma. Price target for this put position is $70. entry at purple line and stop loss above the 200 ma.
As requested, we'll study PTON today!As a request from my buddy @ke-3a, I’ll analyze PTON today!
In the 30min chart it did break the 104.50, a pivot point, and reversed the sentiment nicely. Now, it may seem PTON just hit its target at 110.56, and is starting to look overbought again, as the RSI is quite high too.
But this is not true in the 4h chart. The chart is pointing up, and the momentum seems good. We have a line connecting the bottoms in red, the 20ma is a support too, and the most interesting part: PTON hit the $ 102.56 and it is going up again. The 102.56 was a resistance a few days ago.
The problem is the RSI that did an advanced breakdown. So, if I had PTON, how would I proceed?
A correction in the 30min is expected, maybe to the 107 again, but it must not break the 102. If this happens, we’ll see a head and shoulders + advanced breakdown, and I would just get out of it.
But the 113.91 is another pivot point, and if PTON breaks it, the 125 is our next stop. I would hold it and look at these points.
I hope it helps! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
