$PTON - Parabolic Curve Top $130-$150? But Couple of checkpoints
Updated
I recounted the parabolic curve of 
PTON where the Base 4 is ended at $103 as shown in the chart.
However a spike from Base 4 is not mandatory in parabolic curve pattern but indicators and pattern are strong enough for the last spike.
But there are couple of checkpoints for the stock to reach $130-$150 :
1) Stimulus Package
2) Trump's health
If these two marked with Green Tick thenPTON stock can hit between $130-$150 in this couple of weeks.
Trade with caution, stop-loss & Risk Management.
Good Luck.
PTON where the Base 4 is ended at $103 as shown in the chart.However a spike from Base 4 is not mandatory in parabolic curve pattern but indicators and pattern are strong enough for the last spike.
But there are couple of checkpoints for the stock to reach $130-$150 :
1) Stimulus Package
2) Trump's health
If these two marked with Green Tick then
PTON stock can hit between $130-$150 in this couple of weeks.Trade with caution, stop-loss & Risk Management.
Good Luck.
Trade closed: stop reached
Break has failed and could print bearish candle on daily timeframe.Trade active
Trade closed: target reached
Congrats to those who caught the pump.Make sure to take your profits and from here it may not be a safe ride.
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