$PTON Peloton Falling Knife Catcher or Buy the Dip Opportunity?

2021년 11월 22일

Much like Zillow, PTON continues to follow similar price action over the past year and just fell through a key support level at $50. It made a H&S pattern longer term earlier this year which will take this stock down to $20 if it were to fully resolve. Next key level of support is $35, then to $20 thereafter. Should be able to take advantage of some strong bounce plays between now and then on this one.