Peloton Interactive, Inc.تم تحديثه PTON Update
I totally forgot I drew up an enormous H&S pattern months ago, lol. Played out perfectly.
Anyways, I'm throwing up this plot because daily MFI went oversold yesterday. It can still go down until RSI goes oversold, like I've been saying all week, nobody besides the algos are buying this, how many people are thinking "Hey, there's a war in Europe, let's buy stock in a money losing exercise equipment company"?
But anyways, algos might buy because it;s oversold, or it might SFIX it's way to $11. Could go either way from here
Anyways, I'm throwing up this plot because daily MFI went oversold yesterday. It can still go down until RSI goes oversold, like I've been saying all week, nobody besides the algos are buying this, how many people are thinking "Hey, there's a war in Europe, let's buy stock in a money losing exercise equipment company"?
But anyways, algos might buy because it;s oversold, or it might SFIX it's way to $11. Could go either way from here
ملاحظة
Remember, just because something is oversold doesn't mean you should buy garbage stocks, look at SFIX. this can still get cut in half.I can guarantee there aren't many fund managers thinking they need to buy this garbage, especially with mask mandates going away. Look war! I need to buy garbage stocks.... said nobody.
ملاحظة
BTW, if this is an "h" pattern (from the fake buyout news), the target is single digits
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