This is a great candidate for a buyout, perhaps from Apple.
Their business is strong regardless of the tanking sales, due to the subscription model.
Let's see if we've bottomed out here.
Oh Pelaton. What a ride you had :) This stock started last year (2020) at around $27 a share, rising up to $170 just 12 months later. It's time for a correction. And, although I'm not a fundamental expert/trader, I believe there's a case to be made here. First, let's look at the charts.
Technical Basis - Daily Chart
Let's start with the Daily chart. There are...
Pelaton Opportunity..
They did have a recent recall on their treadmills which caused more dump in price, it was already dumping to begin with.
Earnings now.
Currently trading at under half the price from all time high - time to keep greed in check.
Head & Shoulder pattern played out, dump ongoing..
With the 200MA forming right at the .618, which we're...
📌 Peloton
One of the aspects of consumer behaviour that has changed the most over the past few months has been the approach to fitness and home-enablers. As we introduced a deep and accurate buy approach it helped that Fed and other CB's helped to raise the bar even higher with their ambitious and methodical (right...) approaches.
So, as with many other...
We can start to look for single stock opportunities as behavioural economics changes as a result of the Coronavirus impact. We are talking about a dramatic loss in confidence, global OCD patient numbers are ticking higher which btw itself from time-to-time be a very useful indicator.
We are talking about an outbreak which has triggered volatility across the...
