Peloton breaking support. More downside ahead? $9-12

Peloton has done a full retracement of it's covid run and now it looks like it's about to break it's 2020 lows.

Upon a break of support at $18, it would set up the possibility for new lows in the $12 range, or even $9 if it were to break that support.

Those levels would likely turn out to be a great buying opportunity over the coming months.

Let's see what happens.
pelotonptonSupply and DemandSupport and Resistance

Also on:

Disclaimer