PTON-TIPS
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.
Peloton bottoming?Peloton
Short Term
We look to Buy at 8.83 (stop at 8.07)
Expect trading to remain mixed and volatile. Due to an Ending Wedge formation, we continue to treat extended losses with caution. 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 11.28 and 13.49
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.
PTON Peloton Buy area after a Massive Head and Shoulders The price target of the massive head and shoulders bearish chart pattern was reached yesterday.
Insiders sold around 500Mil worth of shares last year.
PTON went lower than its IPO price, $29 and is now trading in a consolidation area.
the price is not yet safe in that range.
My buy area is $18 to $24.5
Looking forward to read your opinion about it.
PTON - Breakout Level-PTON formed a Cup & Handle on the daily and it's getting ready to breakout.
-200SMA tested multiple times, we can assume that this is a valid support
-Open above 124 tomorrow is a bullish sign and could squeeze to 125.50-126.00
-Below 200SMA (around 119) bearish sign and could see a pullback around 117 - 116 area.
NASDAQ:PTON
$PTON - Bull case Target $146.5 & Bear case Target $125$PTON is in parabolic trading pattern where it may be due to for a one last pump $146-$151
Check the below scenarios:
Bull Case: Double Bottom -> First Target - $146.5
Bear Case: Head & Shoulders -> First Target - $125
I hold $144 call for next week.
Good Luck.
$PTON - Parabolic Curve Top $130-$150? But Couple of checkpointsI 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 then $PTON stock can hit between $130-$150 in this couple of weeks.
Trade with caution, stop-loss & Risk Management.
Good Luck.
Peloton (PTON): The Apple and Netflix of the Fitness IndustryIf you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
What is Peloton Interactive (PTON)?
- Peloton is a home fitness company that offers fitness products such as an indoor cycle, and a treadmill, as well as live workout content
- Peloton is similar to Apple (AAPL) in that it promotes the establishment of a hardware-based ecosystem
- It’s also similar to Netflix (NFLX) in that it offers various fitness content in subscription form
Financials
- They initially anticipated $1.72 billion in revenue for 2020, which has been modified to $1.74 billion due to their explosive growth
- This means that PTON demonstrates a 89% year-over-year growth in revenue
- Out of their total revenue, 79% consists of sales of connected fitness products, and 20% from their subscription service
- PTON is one of the few stocks that has benefited from the pandemic.
- With an increasing number of people staying indoors, wanting to exercise, demand for Peloton’s products and services skyrocketed.
- Due to the Coronavirus (COVID-19), they have managed to be profitable for the fourth quarter with an Earnings per Share (EPS) at 27 cents.
- While they are not extremely profitable yet, as PTON is a growth stock, the fact that they have $500 million in cash proves that they will be financially stable for the short term.
Business Analysis
- The fitness machines sold by Peloton are not normal indoor cycles and treadmills with screens attached
- These fitness machines, which cost $2,245 and $4,295, apply cutting-edge technology that allow users to meticulously control the angle and resistance.
- Moreover, these products provide accurate data on the user’s athletic performance.
- The hardware provided by Peloton Interactive are optimized for the contents they provide.
- PTON’s instructors are 30 of the most famous fitness influencers on social media.
- As such, they could expand their streams of revenue to paid advertisements, and ecommerce opportunities, diversifying the business.
- They offer two subscription plans:
- A ‘Connected Fitness’ plan based on the hardware they offer
- And a digital membership that is offered separately
- Connected Fitness allows users to participate in live cycling sessions, and receive immediate feedback from the instructor
- The number of users subscribing to Connected Fitness is skyrocketing, with a 94% increase in users compared to that of the last quarter
- The number of subscribers for Connected Fitness surpassed 1 million in 2020 May
- The digital membership subscription does not require a Peloton hardware, and offers various types of content besides running and cycling, such as yoga, meditation, and boot camps.
- Their customer churn rate remains extremely low at 0.65% every quarter, while the number of users continue to grow every quarter
Technical Analysis
- We can see that prices have been in a phase of accumulation for a long time since later 2019
- As prices traded within a descending parallel channel, we saw a sharp breakdown caused by the market drop, which was triggered by the Corona Virus (COVID-19)
- Unlike other companies that were severely affected by the virus, the pandemic was an opportunity for Peloton to grow.
- As a result, we saw prices break through the $40 resistance zone, and rally in a parabolic trend
- Along the way, it has undergone a phase of re-accumulation, before reaching its all-time high at $91.17
- Currently, we have seen prices cool off, bouncing at $79.34 where the 0.236 Fibonacci support and parallel channel trend line support converge
- The 20 Simple Moving Average (SMA) is also a good indicator of PTON's bullish trend, as well as strong support.
- Based on fundamentals, unless we see a corrective confirmation below $80, we could anticipate new all-time highs for PTON.
Conclusion
Peloton is on its way to completing a hierarchical process of 'hardware-software-content-community' funneling users into their ecosystem. This ecosystem that Peloton is designing has been attempted by many, but successfully done by only a few. With the development of each elements and growth as a whole, we could expect a huge augmentation in the barrier to entry.
One thing to note about growth stocks such as PTON is that the essence of the business is rooted on tech. To say Peloton Interactive (PTON) is another fitness-related company like Fitbit (FIT) is to compare Amazon (AMZN) to bookstores and Tesla Motors (TSLA) to automotive companies.
ridethepig | A retrace in play for home fitness📌 Peloton
One of the aspects of consumer behaviour that has changed the most over the past few months has been the approach to fitness and home-enablers. As we introduced a deep and accurate buy approach it helped that Fed and other CB's helped to raise the bar even higher with their ambitious and methodical (right...) approaches.
So, as with many other improvements, the $2,000 coat hanger consists of a monthly subscription service which members can go through daily. However we would need to see consumers continue to cough up $2,000 for an exercise bike when the economy is tanking. We are certainly not ready for mass adoption and growth until the economy heals. Armed with a pair of trainers and one can produce the same outcome although I refuse to demonstrate illustratively ... maybe one day on Tradingview streams!
In any case, the format of the flow is quite simple. Throughout the impulsive leg it was a matter of letting bulls over-extend before finding a comprehensive fade.
As usual thanks for keeping the feedback coming 👍 or 👎
Questioning with Why, Who, Which will give clue...? PTONAsk your self following and try to get answer by studying from any source:-
Why did gap 20% gap up opening?
Who have sold this stock at the top?
Which type of GAP is this?
You can type in comment section about it?
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