May 30, 2020, 6:01 pm EDT
Actual Trade 2020 PTON +65% Profit
- Indoor cycling and newly IPO Peloton (PTON) pulled back with stock markets at early stage of COVD-19 pandemic period
- But, shutdown on gyms and shelter-at-home order made PTON a fast runner in this environment
- Technically, March 16,17 bottom reversal to upside offered excellent entry point to get in PTON
- Smooth run-up, gap-up provided exit and profit taking point on May 18 with +65%Profit