Peloton Spot - Long

Updated
The stock is in an uptrend post results
Covid -19 has provided a big boost to indoors gym and that will be shown in its numbers
Though the stock has run up a lot, there still is 10-20 % upmove potential.
Once it breaks above 49, can see it going to 54
Trade active
Updating the target to 75
Note
US cases again creeping up
Note
Results in a month will see a run before that
Note
Valuation of 25b is achievable (90 )
Good acquisition target
Note
Cheaper version of Peloton might be coming to market soon
Beyond Technical AnalysisTechnical Indicators

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