Who Needs a Personal Trainer at the Gym when Peloton Provides an
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:: Peloton has been on my radar for a while. With CV-19, people cannot go to the gym. Even if the lock-down is over, the gym is not the first 'safe' place you would consider visiting. Seriously, I would go to a cinema first before I would re-enter the gym... for all kinds of reasons. Further, when you can bring your personal trainer to your home with high definition interactive video feed... even if CV-19 was never a thing, the concept of going to the gym was already at risk!
What I see...
+ Prices broke above the neckline of a head-and-shoulder pattern
+ Since earnings from early May, a gap up followed by side way move with descending volume until prices pulled back to the 10ma and RSI exited the overbought zone
+ MACD is bullish
+ Prices respected all Fib lines along the way
- Bollinger Band is wide
- All-time high of 48 as Resistance
What I setup...
+ Long entry above today's high
- Stop under Thur's low
+ Target at 1.618 Fib
:: Duration - 2 to 3 weeks
:: Peloton has been on my radar for a while. With CV-19, people cannot go to the gym. Even if the lock-down is over, the gym is not the first 'safe' place you would consider visiting. Seriously, I would go to a cinema first before I would re-enter the gym... for all kinds of reasons. Further, when you can bring your personal trainer to your home with high definition interactive video feed... even if CV-19 was never a thing, the concept of going to the gym was already at risk!
What I see...
+ Prices broke above the neckline of a head-and-shoulder pattern
+ Since earnings from early May, a gap up followed by side way move with descending volume until prices pulled back to the 10ma and RSI exited the overbought zone
+ MACD is bullish
+ Prices respected all Fib lines along the way
- Bollinger Band is wide
- All-time high of 48 as Resistance
What I setup...
+ Long entry above today's high
- Stop under Thur's low
+ Target at 1.618 Fib
:: Duration - 2 to 3 weeks
Dagangan aktif
Setup triggered; Long entryDagangan ditutup: hentian tercapai
Stopped out @ -1.04R
Shake Shake Leg
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Shake Shake Leg
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.