2ON trade ideas

FreeStockology Updated 

Worth betting upside. Buy on dips. There is enough of down pressure and should see revival.

TrueTraderOfficial

$PTON - Short off $100 WHY: It was heavy as anything, any push into $99 - $100 is gonna be a nice fade

TrueTraderOfficial

MY 1st LEVEL: 112.50 WHY: Annual pivot and prior low. It closed close to highs days in a row and you see what it did. MY 2nd LEVEL: 114.16 WHY: 20d. Which is a 50-60% retrace from today's move. This level may be a starting point for me.

TrueTraderOfficial

My Level to long $PTON: $115.80. Why: The reason being we have 50d support right at that level.

PriceCatch

As per my PriceCatch Trading System a long trade opportunity is now on in PTON. The signal coming on 2H time-frame is very significant. Entry price would be below 113 SL 90 TP 1 = 139.00 There is high probability for the stock to reach target than hitting SL. Will continue to monitor the movement. Idea for my reference.