Peloton Interactive stock analysis. Peloton Interactive, Inc. operates an at-home fitness platform for live and on-demand indoor cycling classes. The company pioneered connected technology-enabled fitness and the streaming of immersive, instructor-led boutique classes for its members.
The past year has been challenging for Peloton (PTON) from a business standpoint. The stock has tanked more than 140% since January 2021. This sell-off was expected and mentioned in the Set and Forget trading academy by locating and assessing the strength of the imbalances.
You see the Peloton Interactive stock chart over the past year, and it’s not an excellent chart, not the best for buying shares of Peloton Interactive, isn’t it? Revenue was up, earnings-per-share, they’re still negative—a significant loss versus the profit last quarter or year-over-year. But we don’t consider earnings and fundamental analysis at Set and Forget at $29 per share, a considerable discount of around 140% since January 2021.
The stock has reached a strong imbalance, located at around $30. That’s what we’ve been waiting for for a few months, and Peloton Interactive is already there. However, this wait may take a while. There are no signs of new buyers, so we must wait for Peloton Interactive to show us some strength. Nothing is available for now.
Watch Peloton Interactive Stock video analysis below.
As supply and demand traders, we do not need to pay attention to the news or fundamental analysis. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and the underlying stock drops like a rock or a negative earnings announcement, and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.
Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements on Peloton Interactive stock.
Trading is just waiting for the right trigger points and scenarios to present themselves, this game has a name, and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for the price to pull back or dip into the price levels we want to trade. These price levels are made of supply and demand imbalances in our case. You can use these imbalances to plan your trades in lower timeframes.
Join our supply and demand online trading academy If you want to learn how to trade using our supply and demand trading strategy.
Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.