TECHNICAL ANALYSIS | January 23, 2025
Is It Time To Give Peloton a Second Look?
Peleton Interactive Inc. (PTON), the once popular stationary exercise bike and interactive cycling classes provider was a darling stock in the consumer discretionary sector, having won the hearts of exercise enthusiasts and Wall Street types alike. But then the bubble burst and the stock went on to descend to single digit lows. After a downtrend of more than three years, is it now time to give PTON a second look?
by Stella Osoba, CMT
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