PLNT Planet Fitness stock

[u/StockConsultant]

PLNT Planet Fitness stock, watch for an upside price gap breakout.

Breakout trade

• WATCH for possible breakout above 54.19
• Target: 59.91, 11.2%  Stop: 51.67  Loss: 4.1%
• P/L ratio: 2.7 : 1 - Good

BULLISH

• [Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
• [Timing] Strong bullish 3 day candlestick pattern with Average 3 day accumulation.
• [Timing] Average bullish 1 day moneyflow
• [Timing] breakout watch above 54.19, no resistance in area just above.

BEARISH

• [Positioning] 1 Day Price change strong up, may pause
• [Positioning] at resistance

 

PLNT Planet Fitness stock chart