Peleton
$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.
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!
PTON trend bounce?Looks like PTON is primed and ready for a solid trend line bounce, we bounced off oversold levels on the RSI, showed now weakness in the A/D, and we are also sitting a sold Fib levels which i lay out in the video. Overall i think this is a great dip to buy here for PTON NASDAQ:PTON
YOUR MASTER IS BACK!!!!!!!!!!BABY LISTEN BUY PELOTON HAND OVER FIST THIS IS GOING TO 150. JUST LOOK AT THE FUCKING CHART EVERY MONKEY WITH HALF A BRAIN CAN SEE THIS. IM NOT GOING TO GET INTO FURTHER DETAIL BECAUSE ITS FUCKING OBVIOUS THIS GOING TO 150 BY JANUARY. VALUATION? PFFT WHAT IS THAT?
DEGENERATE? BUY THE 140 WEEKLY CALLS
SNOWFLAKE? BUY 3/19/21 150 CALLS
DONT LISTEN TO NO ONE BUT ME! NOT EVEN YOUR SIGNIFICANT OTHER!
ANY ONE TELLING YOU OTHER WISE IS A COMPLETE BOZO.
Peleton: Possible Dump to the Mid to Upper 70s on EarningsHello traders,
Peleton is up there with one of the most overvalued stocks in the market right now and should be traded with caution. How overvalued is it? Well, it works out to that each customer based on their valuation is worth over $30,000 dollars which obviously is absolutely absurd and unsustainable.
Currently, Peleton is trading off a Wave 4 and I expect it to dump somewhat after earnings tomorrow. The target it could drop to would be around the 76-80 level. Having said that I see that as temporary as it will likely grind afterwards to the mid to upper 90s before completing a final Wave 5 before a sharp ABC correction downwards.
For those who own the stock I would sell at-least 50% of your holding for profit and ride the final Wave 5 over the next month. I would not buy the stock pre-earnings from here.
-zSplit