Peloton Interactive, Inc.Güncellendi PTON at inflection point
Completely Neutral here. Not financial advice.
A few things of interest/worth noting.
1. A previous long/mid term trendline (blue) was broken
2. potential head and shoulders on daily, but so far looks to have failed at the right shoulder "neckline"
3. A fairly neat channel now forming with a higher than average volume test to the upside about to occur
Keeping this bi-directional.
Thoughts:
Scenario a: breakout from the channel and set first upside target as the previous uptrend (blue line)
Scenario b: reject the top of channel and set first downside target to bottom of channel, multiple targets below as a complex head and shoulders
will be interesting to see how this plays out!
A few things of interest/worth noting.
1. A previous long/mid term trendline (blue) was broken
2. potential head and shoulders on daily, but so far looks to have failed at the right shoulder "neckline"
3. A fairly neat channel now forming with a higher than average volume test to the upside about to occur
Keeping this bi-directional.
Thoughts:
Scenario a: breakout from the channel and set first upside target as the previous uptrend (blue line)
Scenario b: reject the top of channel and set first downside target to bottom of channel, multiple targets below as a complex head and shoulders
will be interesting to see how this plays out!
Not
on 2nd thought, a more realistic first upside target would be the approximate level of the 2nd "shoulder" 125, a 2nd target being the 1st "shoulder" @ 138/139 with a final outside target of the trendline being closer to 160/170Not
Nice!We are "out" however keep watch for any potential backtest of the breakout.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.