Peloton InteractivePreliminary DD shows that most insiders sold at the top. Gap Fill at $20.5 on the weekly chart. Could go lower due to poor management and sentiment.
PTON trade ideas
strategy for PTON Tuesday 01/25/2022PTON: sell zone ( 32.60 ) ( 31.50 )
in case of breakout of the sell zone price of bullish continuity (33.00)
bearish entry: below ( 29.00 ) until the buy zone. in case of breakage of the buy zone the bearish continuity price (23.00) always wait for confirmation
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 $24.5
Looking forward to read your opinion about it.
What are condoms for?'Protection!!! PUTS, PUTS, PUTS!!!
It looks like the SPY could form an inside candle with an upper wick retest of former trend line area (see circle), also on QQQ. And that's if we don't go any lower today; but seriously doubt we go higher. You can thank PTON for crushing the market as the news they released was super bearish; shutting down production of there bike and treadmill. As it basically means, 'anybody that wanted to buy stuff over the past couple of years, has' money from stimulus funds, investment gains, etc. They are just the first to say this, and wont be the last.
PTON - levels to watch 1/10/22$PTON
Support 36.84
Resistance 30.25
Consider calls above 36.84 or late at 40.80
Consider Puts below 32.16
Lots of activity on the 40/50/60 calls in February
>50k, OTM only, <30 DTE = bullish flow
PTON finally bottomed? Peloton crash or coming in for a landing?Here we have a perfect example of "Golden Growth".
The amplitude of the waves grow by a factor of 1.618.
The return trip should complete at the 2.618 or 1.618.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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PTON - Potential Long on the 4HPeloton has seen over an 80% decline in stock price since its January 2021 highs. It could be ready to claw back some of those losses up to near term resistance at $46. Depending on the buy price, this could pose a potential 30%+ gain on this trade in what could be within a relatively short space of time.
I would look to take this setup if the break and retest of this trendline confirms with a bounce and close above the trendline. I expect this to be within the next couple of days or early next week at the latest.
OB in PTON (31.00 since 2020)Order block since 2020 in PTON.
Today has reached that minimun below 32.00, crossing that IMBALANCE since 2020, and today is the master key day.
Good luck all of you traders!
Falling Wedge Break - Potential to see a run up to 37 next week. Liking it for a retest and break to confirm the wedge break.
PTON short squeezePTON looks like it's headed for a short squeeze, there is a significant gap it could look to close but thats a serious bounce to the upside.
PTON looks ready to RIDE Peleton looks setup really well here with a measured move+massive RSI divergence, and a weekly TD8. QQQ does look a bit stretched so if the bottom blows I will add more. Longed the Jan 50C for a yolo bet around .54. Credit to @hyperbitcoins on twitter for the idea (ducc).
Peloton, 5 Jan: Ready to buy?Peloton has lost -81% since January 2021. The pain and destruction in this chart are real. But we know that nothing goes up or down forever. JP Morgan finally downgraded the stock on 31 Dec, which is so unbelievably late that we may now take a contrarian position.
Elliott:
We are able to count 5 waves to the downside. The 78.6% retracement is at 29.
Geometry:
Price is approaching the lower boundary of the pitchfork/channel. Price responded well to the previous fibonacci levels within the channel.
Oscillators:
The Stochastic is oversold since Nov, and due to move up. The RSI shows a bullish divergence.
How to trade it:
PTON may drop further to complete the wave and reach the lower boundary of the channel. The idea is to pick the stock up at this level and to increase long exposure once we observe a higher high, indicating the break of the downtrend.
PTON: UP or DOWN into earnings18-20% Move up or down this week.
Great Opportunity to bounce back this week... But the 35.73 Line needs to hold up.
$PTON Short Here Via July Puts Title says it all on this risky trade - Looking for a gap fill in the $35 area but could see $50 first - if you dont know options don't do this trade - as always not advice
Demand zone reached in $PTONNow that we have reached the demand zone in $PTON, will be watching to see how the stock responds to the area. Will update as we progress forward in time.
PTONQuick flush to <$30? Would complete the h&s that broke down with their November earnings report.
PTON time to shineWhat if....PTON can get back into this channel. May be a large setup for a much larger move? IDK, but I see at least a retest of some EMA's in the near future. Cheers!
Peloton Interactive (USA: $PTON) Is Trading At A Steep Discount!Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. The company also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2021, it had approximately 5.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
