Planet Fitness, Inc.
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PLNT - Tested Support Zone

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PLNT tested the Support Zone 62.60-63.50 and made a decisive rebound from this zone yesterday. Looking to long today with initial stop just below the support zone @ 62.50 and later to trail the stops up to a possible target of 80 and perhaps even 85 (fib extensions). The futures are looking a little weak right hence do not over risk on size.

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.

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