Jul. 21 at 12:52 AM
$PTON delivers market-leading fitness experiences and continues to post growing earnings and cash generation. The stock is presenting a tight range coiling setup on the 8-hour chart, and active swing traders are watching for a high beta expansion as volume flows back in. 🐂🎯
Bull Key Levels: A sustained move over
$7.20 is essential to break the immediate descending trendline and clear the path higher. 🐂🔥
Bear Key Levels: Defensive bulls need to hold the
$5.50 support zone at all costs to prevent a deeper retracement. 🐻⚠️
Take Profit Targets:
$7.80 /
$8.50. 💰💸 #hovdid #pton #stocks #optionsflow #trading