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2 minute read

Peloton’s Uphill Battle – Navigating The 22% Stock Plunge And The Path To Recovery After A Disappointing Earnings Announcement

By Zaheer Anwari
August 29, 10:38 AM
Peloton Interactive Inc. faced a significant setback when it reported a Q4 loss of -$0.68 per share on August 23rd, exceeding the estimated loss of -$0.38, which led to a 22% drop in the stock price and a new all-time low of $5.05. This decline was part of a larger downward trend for Peloton, with the stock losing 39% of its value in August alone.

PTON

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3 minute read

More Trouble Ahead For Bulls? Prepare For The Busy Upcoming Week With Mando Trading!

By Mando Trading
August 28, 9:40 AM
Jackson Hole Week comes to a close with a pretty ugly weekly candle. With DXY still strong, it's pretty hard for me to be bullish on the higher time frame right now. That weekly volume imbalance just below 4300 is where I am looking. Range is pretty big right now, meaning that even retracements higher can be pretty large. Should be a nice week for traders!

AAPL