Must keep a close watch on PTON heading into earnings in a few week. Has made a nice recovery after being beaten down on bad news. However in a very difficult spot, as it failed to make a higher high on the daily timeframe, and could be looking for one more move lower to flush retail out before making an earnings run. This is one of the rare times I will look for a hold of the .786 retracement for a bounce. Should it go lower. Completely invalid on a daily close below $113.
تم فتح الصفقة
dip came and was bought. Played out as it should haveأغلقت الصفقة: تم الوصول لوقف الخسارة
trade invalidated. Will publish new idea heading into earnings
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إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.