Peloton consolidation

25 בנוב׳ 2022

Education only: While there are many factors that are necessary when choosing to invest, the technical analysis is one part. In this case, Peleton has been consolidating for quite a few quarters on the back of massive slowdowns, revenue shortages and other negative news. It seems to have begun to make a base around the 10 dollar mark. Positive catalyst could lead to a rally.