Finally some good news for PTON, they're actually reducing their cash burn like I said they needed to.
I might play the bounce if it reaches my final $7.5 target, not worth playing with in this bounce zone. Crossing this off my short list though.
I might play the bounce if it reaches my final $7.5 target, not worth playing with in this bounce zone. Crossing this off my short list though.
Note
Didn;t quite hit my target, but I think that was close enough. I think it's bottomed out if you want to play the short squeeze
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.