Peloton Interactive, Inc. (PTON)
Hey there,
Since then, it’s soared to $110.
Now we’re seeing another lucrative buying opportunity for us in today’s Chart of the Week.
PTON has worked for us before, and is expected to deliver again.
The stock is trading around $110 right now, and we like it anywhere above $100 with a price target of $150.
We’re buying on the pullback if PTON dips under 110 towards that $100 level, but remember that if it’s below $100, we don’t want it.
So once again, we are long anywhere above $100 with a price target of $150.
Til next week, good trading,
JC Parets
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