$PTON Bull case - $112.9 & Bear Case - $104.3

$PTON is in its last leg of Parabolic curve. If cup & handle performs then it can hit $112.9 and if fails it has strong support at $104.3

If $104.3 is breached then it confirms end of parabolic curve.

I hold couple of calls for next week.

Good Luck.

Kommentar:

Out of all stocks, PTON looks stronger where it still have chance for couple of weeks to go upside but have to break $113 first. In bull scenario, it can go upto $130+ as part of parabolic curve TOP!

Kommentar:

Tmrw If $112.9 crosses then $112.9 becomes strong support.

Good Luck Folks.

Trade geschlossen: Stop wurde erreicht:

Break has failed and could print bearish candle on daily timeframe.

Trade geschlossen: Ziel wurde erreicht