PTON Intraday PennantLooks like this garbage is headed for $12, lol
Intraday pennant with target shown. Puts it right back in the pre-Fed whipsaw zone.
PTON trade ideas
Investing in exercise bicycles...?People can say Peleton is sooo much more than an exercise bike. I don't disagree, however, it's core business and most valuable product is it's bike. Sure, subscriptions and add-ons bring in lots of cash, but you won't get any of that subscription money if your target market is as small as this one's is. I say that because you have to be financially in a decent position in life to even afford a service like Peleton, and I just don't buy into the idea that Amazon or Apple or some big tech will come along and eat this company. I think they have a better ability to scale the bikes and services making PTON a buyout in my opinion. Who says the acquiring tech company won't pay them $5/share? Buyer's beware.
Long to 9.59 on Monday Got a gooooooooooooo feeling about this heading up to the 20 SMA on the daily. Could see this rally to the $12 mark in the next few weeks.
Peloton consolidation Education only: While there are many factors that are necessary when choosing to invest, the technical analysis is one part. In this case, Peleton has been consolidating for quite a few quarters on the back of massive slowdowns, revenue shortages and other negative news. It seems to have begun to make a base around the 10 dollar mark. Positive catalyst could lead to a rally.
On Yer Bike m8Peloton is as hated now as it was loved in 2020
Didn’t one of the execs do a Tim Robbins?
Anyways…
This looks like huge consolidation
RSI is in uptrend
Massive gap above
Keep shorting Beartards
GRI 2022
October Gainers (PTON, account up 1%)Second gainer in October is NASDAQ:PTON . Holding period is 0 day (10/3/22-10/3/22). Account up 1%.
This year, my account is up 75.8%, average holding period is 13 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
$PTON reject on the pivot and go short$PTON after test to the pivot, it was rejected and get short, until the support at 8.17
I using a custom and dynamic support/resistance and pivot indicator programed by me
if you want to me share a shapshot of a specific stock, send me a message
cheers.
PTON Strategy - Performance UpdateInteractive fitness company Peloton was a hit during the pandemic, with its luxury touchscreen bikes, treadmills, and live, on-demand classes that were only available by subscription. Then, it took a hit by the end of last year. I used a bullish options strategy earlier in the month (9/2/22), hedging to counter downside volatility. This week there was a leadership shakeup and stock rally at PTON. When the price hit $10.55 yesterday, gains were up 12% and by maturity, they would have been 18%. It has gone back down a bit since, but the very large cushion protects my investment from a drop of up to 68% through 6/16/23.
Peloton at support? Peloton
Short Term
We look to Buy at 8.60 (stop at 7.82)
Expect trading to remain mixed and volatile. Previous support located at 8.60. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 11.02 and 13.49
Resistance: 11.30 / 14.70 / 20.00
Support: 8.60 / 5.00 / 2.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Peloton / PTON - Pumpy Before DumpyI really haven't paid any attention to this stock, ever, besides knowing that it was up a lot because "COVID MANDATES ARE ' SAVING LIVES '" and "WORKING FROM HOME IS SO GREAT AND WE NEVER KNEW ALL THESE YEARS ," the propaganda outlets said.
And then dumped remarkably on the back of a lot of bad press like that time someone died on one on Sex and the City, and because people went back to their offices like human beings ought to instead of sitting on Zoom and being surveilled by the Chinese Communist Party .
Anyway, I only started taking a look at this today because it dumped 18% on the back of earnings. I have to say the earnings dump and pump schedule across all stocks is like flipping a coin. On some of them, bad earnings = 20% moon. On others, good earnings = 30% doom.
But I've always said that news is just there to front run the regularly scheduled price. It doesn't drive the price. No, really. Machine learning AI knows what's going to happen before the media and the public does.
The market maker is simply timing what is already arranged to happen with the news so that Bloomberg and Zerohedge can write headlines like "Peloton down 900% because VLADIMIR PUTIN BAD" and you lose money buying options accordingly and when the implied volatility is pumped.
Unless it's like, someone drops a nuke or someone suddenly goes Black Swan bankrupt, this is how it really works.
Anyway, Peloton trades way below its 2020 post-ICO lows as it is, and it made a low in July under $10. Its price action has been curious. In my view, it's been trading like it wants to go up after spending the better part of 2.5 months under $10 and flirting with going over $10, and then actually going over $10 during this bear market rally.
The way it took out the June monthly high by a penny before dumping, leaving a lot of unfinished business only visible on the hourly chart slightly above, makes me think that the intention with this stock is to rip out the May double top and break the necks of a lot of short sellers, who somehow didn't close their positions at $8 and $10, and even today at $11, even though they were up like 100%.
But I also believe that after this act of this tragedy is finished, Peloton is headed for an all new low. It has no price history, but $5 sounds like a nice round number.
Because it didn't make a very convincing bottom under $10 to begin with, and because everything is heading for an all new low as the propaganda outlets start telling us "omg recession omg recession omg recession" as SPX dumps impotently, but frighteningly fast to the 3,500s.
After they're done getting everyone to sell low and get short, the Fed will slash rates and print money again, because they're liars compromised by the Chinese Communist Party , and everyone can buy back higher and chase the rip in the other direction to 2023's impending "return to normal" or Bump and Run Reversal bubble blowout patterns.
Of course, Peloton could also just head for new lows from where it is too. Part of me thinks that's rather likely.
But the way it took out the June high by a penny and left unfinished business above is truly suspect for the bears, who seem like they're about to get their necks snapped.
Insiders selling their own $PTON-RECAP🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short
Technical Analysis: No surprises with PTON, missed on ER, and had a huge (-18%) drop!! Expect the pullback into 11.15-11.45 and a continuation throughout the next few weeks; I will be picking up ATM options that are 3 weeks out to continue to trade the negative momentum on $PTON!
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
SHORT IRON CONDOR IDEA for a 8/26 ExpirationPTON- Short Iron Condor Trade Idea:
Expiration AUG 26th (10 days).
Strike Prices to create IC:
Long Call: $25.
Short Call: $24.
------
Short Put: $11.
Long Put: $10.
Filled @ $22 ($0.22) credit (as of 8/16 mid-day).
$100 Collateral.
Risk:Reward Ratio: $78:$22, or 3.5:1.
Short strikes can accommodate approx. 18% down
and 77% up from current price (8/16 mid-day).
Good luck folks!
PTON UpdateThe inverted H&S pattern I drew up a while ago appears to be playing out. Short squeeze like that BS buyout talk (highlighted). I didn;t adjust anything, just reposting, lol.
No position, maybe wind up shorting this at $20
Insiders selling their own $PTON🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: So many reasons to play it short with $PTON; no one from the company has bought in their own company, at all this year. The last 4 of 5 ER were a loss; regardless of the deal with AMZN, this report (from last quarter) is likely not going to have a great outlook. From a technical analysis view point, our trendsi dashboard we are clearly over extended, and we have divergence with our money momentum indicator. I know ER can be a 50/50, but I'd follow the money and go against this stock, in my humble opinion (not financial advice).
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
Bikes are back!is it time for the PTON revival? who knows, seems like were about to get a little jump probably see the rejection from green since noones buying these useless things anymore. I would be major bullish if they come out with an electricity hamster wheel one.
PTON Peloton Interactive Options Ahead Of EarningsLooking at the PTON Peloton Interactive options chain, i would buy the $12.5 strike price Calls with
2022-8-26 expiration date for about
$0.81 premium.
Looking forward to read your opinion about it.
PTON nice breakout, but can it hold 🥝we saw $coin do this same exact pattern not too long ago, it broke right back into consolidation, so longs please trade with caution!
in a longterm bearish channel as well, there is still some upside within this channel (18-21 lvls)
PTON UpdateWell, the new CEO is doing what I said needed to be done. Huge cost cutting moves instead of wishful projections on user numbers like the previous CEO.
Short interest declining on the short squeeze, I think it's setting for for an inverted H&S pattern. Long term I'm still bearish and I think they go bankrupt, but it's gonna take a lot longer now that they have a CEO with some business sense.
Problem is, nobody's buying these things. I don't know anyone that's bought one in the past year. Doesn;t mean you can short the stock though, a lot of stocks went up on complete crap earnings like W, RBLX, etc
Garbage stock earningsAMC, W, BYND all remind me of that quarter where PTON went up despite crap earnings. Fake buyout rumor was "the news", but basically just too many people trying to short earnings because they know the company is losing money.
Gonna wait until Wed to short garbage stocks, CPI coming out premarket.
SALES ARE DOWN, SUBSCRIPTIONS ARE UPThis is a great candidate for a buyout, perhaps from Apple.
Their business is strong regardless of the tanking sales, due to the subscription model.
Let's see if we've bottomed out here.
PTON - Building nicely
If daily can hold above 11.20, likely that this tests 16 level soon. My guess is that it spikes to 12.5/13 to set up for 16. On watch...no position yet.
Peloton: Anddddd back downPeloton
Short Term
We look to Sell at 10.90 (stop at 11.76)
Expect trading to remain mixed and volatile. The medium term bias remains bearish. Trading within a Bearish Channel formation. Selling pressure from 11.40 resulted in all the initial daily gains being overturned. Preferred trade is to sell into rallies.
Our profit targets will be 8.94 and 8.30
Resistance: 11.30 / 14.70 / 20.00
Support: 8.70 / 5.00 / 2.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
