Peloton could be a good ideaAt this level the stock seems interesting, I will watch it during next days waiting for signs of reaction
4PTON trade ideas
$PTONBlew through the 100% fib ..not bullish ..still expect a bounce at target . The nature of bounce will determine resurrection of possible bullish case . If we take out 61.35 in first wave of a 5 move up bounce then can be more immediately bullish again especially we hold the 50 back .
watching this one like a hawk🍿pton at the bottom of its downtrend channel, could be a good dip buy. Theres not much support left if the trendline support breaks though! so be extra careful on this one if you have a position. a break of support can send it down to the 20-30 area.
stop loss 43, price targets 60/74
PTON LongCompare 11/5/2020 and 11/4/2021 earning, Both GAP down,
last year, after consolidation -> new swing high in uptrend.
This year, Shows weaker in down trend, do not hope new swing high, GAP fill is good enough.
Entry 51
Stop 47
Target 80
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
PELOTON: $93 | Building a Long Position for 2022 50%_++ yieldhad this with Soros at $20 but sold too early. at current levels he should be accumulating for the next run up
if my wave count is correct then it shold be wave 3 towards 2024
PTON first 5 waves sequenceI'm a long term investor, so I usually check the decade chart, but since Peloton just got into market recently, there is no much data. Still company has a good product/service, so I believe Peloton might be ending a wave 2 in the long term timeframe. It's first 1-5.
Please do your own research and plan. This is not financial advice. For education purposes only.
Peloton Dip Buying OpportunityThis asset and the whole market are probably overvalued but IF you are a Peloton bull and PTON doesn't go under, then this is a good an opportunity as ever after losing over 30% overnight. Could be terminating a third corrective move (wave C) of a bull flag forming since January and its down 70% from ATH. The bottom of the uptrend channel forming since being listed has not been formed but given the direction of important trendlines, this could be the area where the lower boundary is formed.
$PTON Peloton is at Levels to watch Peloton now lost all it's gains since End of June 2020.
I'll watch very closely, how $PTON will behave in the $50's, and if the market wants to test that Fib Retrace around $50.
One could size up risk/reward pretty decently in those areas.
$PTON is a stock to watch for Long oportunities.
Saw this coming but didnt do anything about itNo trade for now.. wanted to short but missed it... This post is just for just FYI if somebody is holding any positions.
Earnings 11-4 AMC/Head & ShouldersPTON created a head and shoulders top a while back but has fought hard to get back above the neckline each time it fell below it.
There will be support at the double bottom and maybe the support will save this one again.
If I were to go short, I would place my stop above the neckline.
The neckline is support until broken with a confirmed downtrend. The pattern is not valid until a break of the neckline is made with conviction.
PTON PTON PTONIt broke off it's resistance of around 88.72 (red line) and became it's new support! Bounced off nicely and it can move.
Next resistance 92.86, 97.11, 106.26, and 117.56. Watch carefully!
PTON AnalysisNASDAQ:PTON has a strong support at $89. Bouncing back up from support & heading towards the previous high $99 as per daily chart. Might reach before Earnings Nov04. FYI - Valid only before Earnings.
PTON: ARE WE GETTING THIS BOUNCE?PTON:
Winter is coming. It's cold outside. Shall we exercise at home?
PTON bounced off a big support at 82. Is the bounce over? I don't know.
Is it too late to buy? For a long term investment, not too late. For a trade, maybe not too late, but I like it only above 88.20-88.50
Targets on the chart.
Trade safe!
Head and shoulder I see a head and shoulder forming with a measured move to the gap fill. Makes sense to me. Plus I generally think this Company is up on hype and hasn't yet come back down to reality.
Key area repectedI dont trade pair but i like to mark it and play around with this pair. We have reached a key area now.
PTON- Broke the consolidation -Follow through Day
PTON - Broke the consolidation and Moving up on follow through
MACD bullish.
Still below 50 MA .
my first PTON analysis in a while! PTON double bottom bounce + down trend breakout is in?
This tells me bulls are clearly still in control and want to take this back to recent highs, adding at these levels is still pretty decent risk reward but of course it can always take a dip so trade with caution.
DOA trading Strategy - PTON#PTON - Green DOA sniper and meter fired
It broke the DOA confluence
We should see $96 next
$PTON Possible Swing Idea | Not Financial AdviceSwing trade possibility. The RSI is below 50 for #PTON. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 88.044 and 101.7626).
Earnings coming 11/4, so be aware.
It held the previous May lows around that $81 range, still consolidating, but looks like it could pop higher to $100-$105.
If it breaks down, bail under $85 for a small loss. Be careful with earnings.
Not financial advice, just sharing what I see. Just a possibility.
Cheers! -E
PTON PTON PTONIt touched buy box (86-83.5). I can see it consolidating for a little. I could be a good buy now, but confirmation would be if it broke this consolidation high (88.2-88.35). Could go to 97.4 before retrace.
$PTONIn its most recent quarter, Peloton reported 2.3 million connected fitness subscribers. These members purchased a Peloton exercise machine and paid $39.99 per month to access Peloton's live and recorded exercise classes.
Overall, subscription revenue totaled $281 million in the fourth quarter.
Compare that to Peloton's total revenue of $936 million in the quarter, and it shows the bulk of its sales come from products.
That could be a challenge for the company because the products it sells can last for several years. That means once Peloton saturates its total addressable market -- estimated by management at 75 million households -- its sales could drop off significantly.
Peloton would then have to rely on existing customers upgrading older machines every few years.
The good news is that the subscription side of the business will bring in recurring revenue at higher margins. Indeed, the gross profit margin of the subscription business was 63.3% in the latest quarter compared with 56.8% a year earlier. And there is the potential to increase prices on subscribers over time as the company adds content. There is also the potential to improve the gross margin on the subscription segment as Peloton adds more members.
The cost of creating the content will be roughly the same, but it will be spread out over a larger audience.
Peloton has taken a big hit over the past month moving from $112 down to the mid $80s but in saying that, It looks like it’s found some support on the daily chart.
Whether it will hold or not, that’s another question.
Only time will tell.
Going into next week this should be on watchlist.
If price is able to hold it gives a good opportunity for a long but if it breaks below support, it also gives a good opportunity to go short.
Keep your eyes on this one.
Watchlist this.
