Peloton Interactive, Inc.
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Peloton breaking support. More downside ahead? $9-12

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Peloton has done a full retracement of it's covid run and now it looks like it's about to break it's 2020 lows.

Upon a break of support at $18, it would set up the possibility for new lows in the $12 range, or even $9 if it were to break that support.

Those levels would likely turn out to be a great buying opportunity over the coming months.

Let's see what happens.

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