1.✅ Free Trading FB Group: http://bit.ly/techbudsfbgroup
2. 📈 A-Z Beginner Day Trading Course: https://learnplanprofit.net/
3. 👕New Apparel Line: https://shoptechbuds.com/
● FOLLOW ME ON INSTAGRAM!
📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
📸 Techbuds Insta: https://www.instagram.com/techbudsolutions/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
✅Surprise You Found $40 Off The LPP Course: http://bit.ly/40offLPP

Hey, what's going on team, it's ricky with tackle solutions, and i'm not too sure if you guys have heard the news, but pton is not just down because some of the market has pulled on back. If anything, the overall nasdaq market has nearly recovered. Since the morning drop, as you guys could see right on here, uh we quickly recovered and we're making our way back, uh to just highs of the day pton. Today it's been a stock that i've been following.

It's been a stock that has been getting rejected since the price level of 120. A share is a very common resistance level. It tends to have a very common support level at 100. Some of you guys might be seeing that hey.

You know it has earnings tomorrow. Well, the reason it's dropping today is not because of earnings, so that has not even been shared, but it's because it recalled 125 000 tread plus treadmills which have either caused urgent injuries and or death. So it's a very unfortunate circumstance that right now ptolem has been put through uh. Just due to the news as of right now, p21 is down nearly nine percent on the day there.

It goes it just hit down nine percent on the day and the reason that i'm talking about this is i like to do my part in updating you guys on positions that i see valid and also positions that are as of right now, a little bit more. On the oversold side, one of the things that you do need to know is this: isn't so much about hey it's time to buy the dip right now right away and the reason why is first off it could continue to sell off right. Second, off it has earnings tomorrow, which can act as a further negative catalyst. So i it's almost set up for a recipe for disaster, and the last thing is: this is not just like.

Oh it's a poor earnings or unfortunate use uh in the slightest. It's very bad news and it's something that can be detrimental to the longevity of the demand for peloton as they are recalling and accepting at fault for 125, 000, treadmills. So again, very unfortunate news with what is going on right now and the reason i'm talking about it is because of where it's at as of right. Now, if it were to make just the recovery not to 180 day highs right 180 day highs that offer nearly 96 percent potential for an overall recovery, but i'm saying just based off of previous resistance levels at 120: a share that is 30, eight, almost 40 percent.

If it were to return to 120 dollars a share, but as of right now again friendly reminder, this thing is still bleeding. So it's not about buying a super aggressive position as it's still a falling knife, but it's maybe a stock that you can add to your watch. List add effective alerts and maybe when it begins to indicate signs of an uptrend or confirmation of a reversal, then we can begin to follow up with it. So just wanted to update you guys on that thought.

It would be something worth talking about because it dropped. So much again very unfortunate news for the company peloton and this isn't even taking into consideration its earnings so well. So let me know in the comment section: do you think that peloton is going to continue to drop? Would you invest in peloton and, if so, at what price eighty dollars a share? Are we gon na see it go down even lower at seventy dollars a share, or do you think that it's gon na bounce back right away again, 125 000 treadmills, is what it's recalling and that's a huge cost that it has to eat up? So i appreciate you guys time wanted to keep this video super short and sweet. I hope that i earned your thumbs up.
Please consider subscribing to the youtube channel and, like always, let's make sure that we in the year on agree now take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

35 thoughts on “⚠️ peloton stock $pton is crashing right now (30% roi)”
  1. Avataaar/Circle Created with python_avatars PTON gainz says:

    Bro you called this at $80. Nice work.

  2. Avataaar/Circle Created with python_avatars Javier Loa says:

    Where did you go to school and what's your degree on? What jobs have you had?

  3. Avataaar/Circle Created with python_avatars Andre Rees says:

    Pelaton to the moon now 🚀great financial results !

  4. Avataaar/Circle Created with python_avatars BOBBY says:

    I think they are offering to take all the machines back from people who down want them.

  5. Avataaar/Circle Created with python_avatars ISAKOVV says:

    Hi man i started trading with real money since yesterday with 500 im down 200 rn would u give me some advices because i just dont know from where to start if i withdraw the money back have to give more 50

  6. Avataaar/Circle Created with python_avatars Danny Alvarado says:

    Lol 60 is coming. Way over valued. And bad news after bad news

  7. Avataaar/Circle Created with python_avatars Aaron Lee says:

    head n shoulder support broken, avoid the falling knife guys

  8. Avataaar/Circle Created with python_avatars JDied1 says:

    Yes, this is absolutely unfortunate-the recall and potential lawsuit. I sold my 89 Peloton stock about 2 weeks ago, due to these reported and unfortunate accidents. However, Peloton is still on my watchlist. This incident added one more check to my checklist before I buy stocks. Research for any reported issues/disputes and if they have any lawsuit type issues pending. I did a quick scan and found there were over 50 companies involved in lawsuits-I was shocked the number was so large.

  9. Avataaar/Circle Created with python_avatars Daniel's Trades says:

    I loaded up on 60p for 5/21, probably gonna ride them for ER… if I’m in profit I’ll trim my costs & play profit into er, I see this in the low 50’s

  10. Avataaar/Circle Created with python_avatars Gabriel Ratcliffe says:

    One thing to point out. Is that, not all 125,000 are going to be recalled. Some people (typically people without small kids or pets) might not care and just keep theirs how it is. So the 125,000 is kind of misleading revenue wise. It might not hurt their books that badly. Say only 40,000 people recall it that's a huge change in monetary pain in PTON. this might get priced back into the stock if they release numbers of only a fewer amount recalled them in a certain time amount.

  11. Avataaar/Circle Created with python_avatars Kamran says:

    It's a stay at home stock and is still over priced. I'd stay away from it along with ZM. Good luck!

  12. Avataaar/Circle Created with python_avatars Elmer Short says:

    I feel the fastest and safest way to invest/build wealth is by having a diversified investment. if one investment performs poorIy over a certain period, other investments may perform better over that same period, reducing the potential losses of your investment portfolio from concentrating aII your capital under one type of investment., that's what i do invsting in forex and stocks with the hlp 0f @lisa_upfx 0' .n l' g

  13. Avataaar/Circle Created with python_avatars I MAKE YOU PRESIDENT says:

    My PTON position is already closed by stop lose lol

  14. Avataaar/Circle Created with python_avatars mayela Johnson says:

    it’s unfortunate for the kids that got hurt and the boy…not the company.

    here is a video of a kid getting dragged underneath the treadmill….the treadmill should have triggered an immediate stop

  15. Avataaar/Circle Created with python_avatars Tommy Pham says:

    This is the same guy that told you to buy Tesla at 700+, hasn’t even confirm a temporary

  16. Avataaar/Circle Created with python_avatars AdjustedMold says:

    Anyone else thinking about going into some calls? I'm definitely opening a position if it opens red tomorrow. It's just so oversold! No way this is sustainable.

  17. Avataaar/Circle Created with python_avatars Hans Wurst says:

    I think they will drop even lower. Gonna wait atleast till 70

  18. Avataaar/Circle Created with python_avatars P J says:

    Ricky has the buying power to avg down unless he capped at 10k only for position size

  19. Avataaar/Circle Created with python_avatars Jimmy Garcia says:

    I dont think its just the recall. Several states likes NY and Cali are reopening, which means less demand. Good video and great message on staying balanced.

  20. Avataaar/Circle Created with python_avatars Alien Funbug says:

    Branding is everything with these types of companies. I'd be careful.

  21. Avataaar/Circle Created with python_avatars Insignami ad amare Gesu says:

    I'm buying a few shares at $82.50 to see what it does. There is support around $80.00 and I'm only putting a few hundred in it right now. I'd like to see a pop back to around $90.

  22. Avataaar/Circle Created with python_avatars Jessica Hufford says:

    Added a small position size. If it goes lower ill add more.

  23. Avataaar/Circle Created with python_avatars Scalaflow says:

    Just saw this in news today on BBC – 'Peloton has recalled treadmills in the US and UK over a series of safety issues following investigations by a US watchdog'

  24. Avataaar/Circle Created with python_avatars Dimas Dimas says:

    That Head and Shoulder can go all the way to 30 support level
    that recall could represent up to 50% of the earnings to be announced….that is bad news
    I would sell if i had bought even at high 120ish level …then maybe reassess when dust settles

  25. Avataaar/Circle Created with python_avatars Austin Amaral says:

    "P – T – O – N" lol. Buddy call it P-TON

  26. Avataaar/Circle Created with python_avatars Patty BG says:

    Peloton's machines are no more dangerous than other treadmills that can injure people if not used properly.

  27. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    Pton is currently down 15% and can of course continue to drop due to earnings tomorrow. This video is just to alert you on the price for those who see value in it! Happy investing!

  28. Avataaar/Circle Created with python_avatars Andy Salazar says:

    You can say that this is the new Plan B

  29. Avataaar/Circle Created with python_avatars Jimmy Yu Hsuan Wu says:

    Anyone catching a falling knife today? 🙋🏻‍♂️🙋🏻‍♂️🙋🏻‍♂️🙋🏻‍♀️🙋🏻‍♀️🙋🏻‍♀️

  30. Avataaar/Circle Created with python_avatars Luke Holmes says:

    I’ll buy when it goes back down to 70

  31. Avataaar/Circle Created with python_avatars Jordan Blatchley says:

    Yes it's going to continue to drop. Id be a buyer around $60

  32. Avataaar/Circle Created with python_avatars Gabriel Ratcliffe says:

    Pton has the biggest fastest head and shoulders pattern i've even seen. I think this is gon hit its previous support of like 71-63$ support.

  33. Avataaar/Circle Created with python_avatars Unorthodox Savings says:

    I’ll wait until This stops falling to buy in

  34. Avataaar/Circle Created with python_avatars Harry Lagman - or maybe not says:

    overreaction I reckon, but we‘ll have to reassess after tomorrow

  35. Avataaar/Circle Created with python_avatars Jawahar Ravee Nithianandam says:

    Give it 10 days to fall down. Entry at 50 is safe for swing trade . With this kind of negative news, stock will take year to comeback.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.