$PTON Peloton $56 price target Uptrend continues to hold strong.
The stock has made 3 attempts to break above $50 this week but the bears have continued to hold strong, We will give it 1 more day or there may be a bearish drop.
PTON trade ideas
Looks like a breakout from a bullish flag. Did anyone jump in? I hear a lot of speculation that gyms will never be the same. Plus 24hr is closing many gyms. A lot of home gyms will not be reopening. But it is summer, will these expensive indoor bikes continue to sell? I am tempted to jump in right now. Any thoughts?
Peleton Interactive $PTON "Brokeout"It broke the pivot out yesterday with reasonable volume. It is worth to watch
12 months Consensus Price Target: $47.36
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BUY of PELOTON INTERACTIVE Hey guys, PELOTON INTERACTIVE is in the end of a compression zone, ability to break up and breakout the stabilization zone to join a new one.
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PTON to tag the ATH and then some.PTON looks good, support holding to tag the ATH for a quick move from 47.72 to 49.77. Remember these are setups only. Best we can do for each other. Please apply your own plan.
Peloton Blasting-off to new-highs 🚀 $PTON convincing breakout from the 1.168% Fibonacci extension of the Dec-March decline 🚀
Next test; 2.618% extensions around $68.
$PTON Peloton Day Trade IdeaNASDAQ:PTON Decent size buyers for $50 calls worth keeping on watch. I would like to try it over $48 if it gets there with a PT of $49-50.
Bearish PT: $45 lower
I Missed The Re-entry :/ - 06/09/20 RECAPHi traders,
Losing in one particular stock doesn't mean you should be done with it for the remainder of the day. One deeper pullback got me out of my PTON Long which then offered a really nice profitable opportunity later in the day which I sadly didn't take advantage of and cost myself money!
Trades:
1) PTON - LONG @46.23, -1.02%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -1.02%
Total PnL for the week: +0.11%
Good trades,
Tom | FINEIGHT
$PTON $54 price target
Stock has had a all time closing high today on good volume.
Possible long above $49.50
Upside target $54.00
PTONPTON is looking like it will head back to an all-time high anytime soon.
It needs to hold 44.60 to remain constructive to the upside
PTON Hanging Man Close Gap Bellow Hammer Pull Back ReversalPTON Hanging Man Close Gap Bellow Hammer Pull Back Reversal Canlesticks
Purchasing PTON calls in June.May's monthly candle closed above April's high.
If price returns to April's high, then I will begin purchasing call options at the 38.00 strike with a July 2 expiration.
