MalcolmInTheMoney

11/29 - 12/3 | PTON | Watchlist #2

Long
NASDAQ:PTON   Peloton Interactive, Inc.
$PTON +47
(Over $47 for calls)

Price targets: $48, $50

Technical analysis: Bounce off pivot point on the daily chart

Rationale: With increased news of a new virus variant, stay-at-home stocks could continue momentum upwards

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