$PTON Morning Star Pattern?

٣٠ ديسمبر ٢٠١٩

PTON is to new for regular technical analysis so, I'm looking at what appears to be a Morning Star pattern. If this clears the $29.20 area it should have room to run to the old highs... Ideas, not trading advice.

٢ يناير ٢٠٢٠

تم فتح الصفقة

I entered this trade today based on the idea published above. Entry $29.44 Stop $27. Target 1 - $33.50, Target 2 - All time high over $37. Let's see how it plays out.

٢ يناير ٢٠٢٠

ملاحظة

I'm playing this one with Apr 17, 2020 $29 calls.

١٠ يناير ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

I was shook out of this this morning and by afternoon it had recovered over my stop. But, I can re-enter if it looks like it will continue it's up trend. If so, I'll post as a new idea.