Peloton Interactive, Inc.

This is a "IF" trade

Lets see, how we perform in the second half of the trading day.
If we manage to hold and stay above the P-Pivot(118.33), the outlook will be bullish .
Hovewer if we close below the 112 level, then we might head lower once again.
In summary, it looks bullish but the volume is very concerning.

Aviso legal