$PTON - Bull case Target $146.5 & Bear case Target $125
$PTON is in parabolic trading pattern where it may be due to for a one last pump $146-$151
Check the below scenarios:
Bull Case: Double Bottom -> First Target - $146.5
Bear Case: Head & Shoulders -> First Target - $125
I hold $144 call for next week.
Good Luck.
Check the below scenarios:
Bull Case: Double Bottom -> First Target - $146.5
Bear Case: Head & Shoulders -> First Target - $125
I hold $144 call for next week.
Good Luck.
Commento:
On Micro level, First Bull case target is ~$139.9
Commento:
Sold call at open, re-bought at dip and sold call (made 100%).
Commento:
Forming Right shoulder of H&S pattern and need to drop below $127 for the confirmation. If so, first downside target is $119.
