Peloton breaking support. More downside ahead? $9-12
Peloton has done a full retracement of it's covid run and now it looks like it's about to break it's 2020 lows.
Upon a break of support at $18, it would set up the possibility for new lows in the $12 range, or even $9 if it were to break that support.
Those levels would likely turn out to be a great buying opportunity over the coming months.
Let's see what happens.
Upon a break of support at $18, it would set up the possibility for new lows in the $12 range, or even $9 if it were to break that support.
Those levels would likely turn out to be a great buying opportunity over the coming months.
Let's see what happens.