$PTON #moon <--- sarcasm

2020年10月16日

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

2020年10月16日

交易开始

Is that the last push?

2020年10月16日

注释

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

2020年10月16日

注释

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

2020年10月16日

交易开始

Some perspective.....

2020年10月16日

交易开始

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....

2020年10月16日

注释

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

2020年10月19日

交易手动结束

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.