Bearish Play on PLNTShorted PLNT at the break below $98, this will be a 1:2 R:R play to the downside.
Entry: Below 98
Stoploss: Above 103
Target: 90-88
Note: If youre playing options, make sure you give it about 3 weeks for expiration.
63,466.667
0.001 BRL
690.86 M BRL
5.35 B BRL
About Planet Fitness, Inc.
Sector
Industry
CEO
Colleen Keating
Website
Headquarters
Hampton
Founded
1992
ISIN
BRP2LNBDR004
FIGI
BBG0123NS1Y0
Planet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.
Planet Fitness, Inc.
Recently, the price seems to be consolidating with some upward movement, indicating a possible continuation of the short-term bullish trend.
When prices touch or exceed the upper Bollinger Band, it's often a signal of overbought conditions, and a reversal or pullback could be expected.
In the la
Planet Fitness (PLNT) AnalysisCompany Overview: Planet Fitness operates a unique franchise-based model, which reduces capital expenditure and enhances free cash flow. The company owns just 256 of its 2,575 locations, leveraging its franchisees to drive expansion and growth. With its affordable $10 monthly fee, Planet Fitness has
S/R Flip Retest HoldingBroke through resistance and is holding support.
Looking to fill the gap at $81
50 MA Crossed over the 200, overall bullish setup
Caught Between The Gaps...Which one to fill first with earnings in 2 weeks?
The bottom one from a weekly chart? Or the top one from the daily chart about 2 months ago?
Shorty Short ShortsJust playing on the chart after that lovely recent news, and how about that.
A gap on the weekly chart...
PLNT Here is my analysis about planet fitness (not financial advice). A really nice double bottom was formed over last year. This is bullish as it indicates a reversal in price action. As the price moved up it retested the area of resistance in between the double bottom and found support. The price then
All set to retest covid lows?Once it breaks below 72 and stays below it, then look for it to retest covid lows before the end of the next year.
Planet Fitness ConsolidatingIt appears that Planet Fitness is attempting to consolidate and build a stage 1 here. The next stop will be resistance at the $64.57 range with the volume.
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Displays a symbol's price movements over previous years to identify recurring trends.
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