Idea with up 100% growth potential In a sense, Peloton stock is a record holder.
Its stock is down 95% from its historic high.
In such companies, as a rule, a huge amount of short is collected.
With a small positive, the price begins to grow and shortists are forced to buy back securities at high prices, which accelerates the asset even more.
In NASDAQ:PTON shares, you can try the following trade:
• Long off price: $8.5
• Goals: $13.5, HKEX:17
• Growth potential up to 100%
• Volume per trade: up to 0.5-1% of the portfolio.
At current prices, the largest volume profile for the year.
The stock has been sideways for a long time and we believe that there may be a good upward momentum.