Trader_Ivankov

Online fitness with 50% potential

Long
NASDAQ:PTON   Peloton Interactive, Inc.
Peloton Interactive is an American company that produces exercise bikes and treadmills with a built-in monitor with on-line broadcasts from professional trainers that allow you to be present at workouts remotely. The company has developed a platform for distance classes in yoga, stretching, pilates, cardio training, meditation, and more, with the provision of subscription access. The company was founded in 2012. In 2013, it raised funding through Kickstarter.

The trend for sports and health promotion + everything related to remote provision of services will be relevant for a long time.

After the collapse on the bad report on November 5, there was no buyback on the daily candlestick -> the fall continued until the support block reached $ 47.5-49.5.
Accumulation is forming. In general, it can go even lower. Sellers are testing the lower boundary of the block, which acts as a support level.
A reasonable entry into a long position from $ 47.5-48 with a short stop per level.

When leaving below support blocks: $ 43-45.3 / $ 36-39

Speculative target: $ 53
Medium: $ 69

NOT IRR.
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