PTON shows a turning trend and take a mass to start growing in more agressive way. My expectation is a good profit in a middle term.
PTON::$10.47::$39::370%::Autumn 2023 Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs
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Update fUpdate for the first step: NASDAQ:PTON::9->17::90%::Jun 2023
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NASDAQ:PTON is one of the companies, which like to be surprising. So, sometimes such things happen, but I still believe, that it will show a good jump. Continue observing and waiting for the good results.
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NASDAQ:PTON is starting rally with +65% profit within a nearest period of time.
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Prolonging correction and expectation of the long coming back to position inside the channel. Up to 9-10 during the next 3 months.
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As soon as I propose this, NASDAQ:PTON immediately started moving up ) Goal is 6.5
I completely agree…Covid play left for dead. Kudos. I’m nibbling down here as well. Break of $18 needed longer term Step by step
wulrahmah
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You must also consider, the short interest is at historical lows.
wulrahmah
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viable*
wulrahmah
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Any company that is generating a revenue although not profitable can be considered a variable business, given that they produce physical products, they can create value. Considering their balance sheets they are very unlikely to go bankrupt anytime soon. However investors continue to remain bearish, given the market history we could be due a trend reverses.