Gem-Hunter

$PTON - Parabolic Curve Top $130-$150? But Couple of checkpoints

Gem-Hunter Uppdaterad   
NASDAQ:PTON   Peloton Interactive, Inc.
I recounted the parabolic curve of $PTON where the Base 4 is ended at $103 as shown in the chart.

However a spike from Base 4 is not mandatory in parabolic curve pattern but indicators and pattern are strong enough for the last spike.

But there are couple of checkpoints for the stock to reach $130-$150 :
1) Stimulus Package
2) Trump's health

If these two marked with Green Tick then $PTON stock can hit between $130-$150 in this couple of weeks.

Trade with caution, stop-loss & Risk Management.

Good Luck.
Trade stängt: Stopp nått:
Break has failed and could print bearish candle on daily timeframe.
Handel aktiv
Trade stängt: målet nått:
Congrats to those who caught the pump.

Make sure to take your profits and from here it may not be a safe ride.

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