$PTON #moon <--- sarcasm
I mean, honestly....
Newton's law of Gravity will apply here at sone point...
Meanwhile the weekly calls go 2-5x on a given day if you BTFD and play 5min bull flags
Consider:
Oct16'20 monthly OPEX and it'll pin somewhere?
Earnings on Nov 3 - hard to think that after a run from $72 to almost $140 it will experience a pre-ER ramp.... Probably needs to cool off for that to happen
Nov20' O/I seems to be gravitating around the
85S
200ma on 60min offers great support around 100
Daily 50ma and Weekly support levels come in around the 85-90 level
Newton's law of Gravity will apply here at sone point...
Meanwhile the weekly calls go 2-5x on a given day if you BTFD and play 5min bull flags
Consider:
Oct16'20 monthly OPEX and it'll pin somewhere?
Earnings on Nov 3 - hard to think that after a run from $72 to almost $140 it will experience a pre-ER ramp.... Probably needs to cool off for that to happen
Nov20' O/I seems to be gravitating around the
85S200ma on 60min offers great support around 100
Daily 50ma and Weekly support levels come in around the 85-90 level
Trade aktif
Is that the last push?Catatan
If that was the last push, we need to get and sustain action below the 200ma on 5min which has held this rally nicely for a monthCatatan
That 95-100 level looks very appealing... Does it tractor beam?
Trade aktif
Some perspective.....Trade aktif
Similar pattern to the 
FSLY breakdown.Fist down day gave you "OMG its breaking!" moment to below the 200ma on 5min, rally back up with the underside tag building a bear flag and then look out below....
Catatan
Even with all the shitty action, it's still hasn't made a lower low on the daily!Trading ditutup secara manual
Closed for now for a small profit - had many strikes/expiries.Price action remains strong and RS to mkt overall is notable.
Keeping a close eye as the volatility on PTON is still good for short term trdes.
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