$PTON #moon <--- sarcasm

16 Eki 2020

I mean, honestly....
Newton's law of Gravity will apply here at sone point...
Meanwhile the weekly calls go 2-5x on a given day if you BTFD and play 5min bull flags

Consider:
Oct16'20 monthly OPEX and it'll pin somewhere?
Earnings on Nov 3 - hard to think that after a run from $72 to almost $140 it will experience a pre-ER ramp.... Probably needs to cool off for that to happen
Nov20' O/I seems to be gravitating around the 85S

200ma on 60min offers great support around 100


Daily 50ma and Weekly support levels come in around the 85-90 level

16 Eki 2020

İşlem aktif

Is that the last push?

16 Eki 2020

Not

If that was the last push, we need to get and sustain action below the 200ma on 5min which has held this rally nicely for a month

16 Eki 2020

Not

That 95-100 level looks very appealing...
Does it tractor beam?

16 Eki 2020

İşlem aktif

Some perspective.....

16 Eki 2020

İşlem aktif

Similar pattern to the FSLY breakdown.
Fist down day gave you "OMG its breaking!" moment to below the 200ma on 5min, rally back up with the underside tag building a bear flag and then look out below....

16 Eki 2020

Not

Even with all the shitty action, it's still hasn't made a lower low on the daily!

19 Eki 2020

İşlem elle kapatılmış

Closed for now for a small profit - had many strikes/expiries.
Price action remains strong and RS to mkt overall is notable.
Keeping a close eye as the volatility on PTON is still good for short term trdes.