Peloton Spot - Long

The stock is in an uptrend post results
Covid -19 has provided a big boost to indoors gym and that will be shown in its numbers
Though the stock has run up a lot, there still is 10-20 % upmove potential.
Once it breaks above 49, can see it going to 54
Trade active: Updating the target to 75
Comment: US cases again creeping up
Comment: Results in a month will see a run before that
Comment: Valuation of 25b is achievable (90 )
Good acquisition target
Comment: Cheaper version of Peloton might be coming to market soon


had sold my lot at $45, do you think any near term entry point?
ISDA_Trader TraderVINOD
@TraderVINOD, update target of 75.
Might see 90 is broader market support
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