Hubert Senters here.

Let’s take a look at a ticker symbol which is known as the most expensive clothes rack in the world also known as Peloton.

But I’m just making a joke just because I know how a lot of people don’t buy the Peloton. They pay the subscriptions and they’ll never get their fat behind up on the back and work it out.

But anyway, I’m laughing because I’ve done it before and I’m laughing at myself. I’m not laughing at you.

You’ve got a 3 day sell back below both the turning and the standard line. You got a little bit of support down here at $96.46 which I do not believe it’s going to hold very well.

If it breaks and penetrates prices lower it can potentially go as low as about $81. So take a look at that obviously it needs to move a little bit lower in order for that to happen but overall it looks like a decent trade.

I have been asked to speak at the Wealth 365 online event coming up shortly. I’m going to be discussing how you can scan and find potentially better trades in as little as 10 minutes a day and with only 3 clicks of your mouse.

If you’re interested in watching that webinar go down obviously first name, email address and telephone number.

Good luck. Hope it helps. See you on the next video.

Hubert.