Jul. 7 at 4:05 AM
$PTON is coiling near the
$5.82 zone as the market digests mixed operational guidance alongside aggressive cost discipline and subscription-model shifts . Patience remains the edge here—wait for the technical structure to resolve its multi-month trend convergence before committing aggressive long capital. 🐂🎯
Bull Key Levels: A firm hold above
$5.50 is vital to maintain recovery momentum toward upper range resistance. 🐂🔥
Bear Key Levels: Slipping back under
$5.10 exposes a retest of structural lower channel support. 🐻⚠️
Take Profit Targets:
$6.80 /
$7.50. 💰💸
#hovdid #PTON #Peloton #ConnectedFitness #StockMarket #Trading