Currently Nautilus is priced below fair value, but has a lot of good earning reports this year, but still not moving up.
It looks like it has found a bottom and if reports good this time again (10th August) then it may finally start it way up again.
Its possible that Covid could cause shifts in social behavior that might favor more introverted or insular activities such as home gym equipment. But this is speculation at best so bet on NLS extremely carefully.
NLS broke out from a cup w/ handle pattern on heavy volume. It recently came back down to retest the breakout area and bounced strongly off the 10-day moving average. Really great entry this morning for those who missed the original breakout or those wanting to add.
Very nice cup formation and was hoping for a little pullback at these levels to form its cup handle and shake out few weak holders. Today's strong bounce today and hammer candle last Friday are increasing the odds of a cup breakout with no handle.