ridethepig

ridethepig | A retrace in play for home fitness

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NASDAQ:PTON   Peloton Interactive, Inc.
📌 Peloton

One of the aspects of consumer behaviour that has changed the most over the past few months has been the approach to fitness and home-enablers. As we introduced a deep and accurate buy approach it helped that Fed and other CB's helped to raise the bar even higher with their ambitious and methodical (right...) approaches.


So, as with many other improvements, the $2,000 coat hanger consists of a monthly subscription service which members can go through daily. However we would need to see consumers continue to cough up $2,000 for an exercise bike when the economy is tanking. We are certainly not ready for mass adoption and growth until the economy heals. Armed with a pair of trainers and one can produce the same outcome although I refuse to demonstrate illustratively ... maybe one day on Tradingview streams!

In any case, the format of the flow is quite simple. Throughout the impulsive leg it was a matter of letting bulls over-extend before finding a comprehensive fade.

As usual thanks for keeping the feedback coming 👍 or 👎

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