thecharttraders

A nice Bullish setup

Long
thecharttraders Updated   
NASDAQ:PTON   Peloton Interactive, Inc.
Expecting price action to drop a bit first to the 27.41 level, and then....

1st Target - 28.35
2nd Target - 29.31
3rd Target - 30.59
4th Target and Objective - 30.84
Trade active:
Ok so the pullback to the 27.41 level completed....now looking for price action to start making its way higher.
Trade active:
Price action continued on to the next target at 29.31 nicely, a pull back is possible to some degree, however, continuation higher is also possible. Regardless expecting higher levels ahead to our next targets.
Trade closed: target reached:
And there is...all 4 targets have been hit as expected.

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