Hubert Senters here.

Let’s take a look at PTON also known as Peloton also known as the most expensive thing to hang your clothes on.

You used to hang them in your closet and now you hang them on a $2500 buy that you never get your big fat bet up on it again.

Anyway, I’m just telling you how it actually works. It’s going lower folks. It’s got some minor support at around $79.83.

Maybe you’re different. Maybe you get up on that creature and just peddle lock a mad man on it but most people don’t.

Next target is going to be $62.75. If that doesn’t hold it’s going to go all the way down here and fill this minor gap that it’s got a $39.

I don’t think it’s going to go to $39 but it could potentially go there so prepare yourself.

If you’re long this creature button up your stop. Liquidate some of it and make sure that you do have a stop in it because it’s always the famous last words whenever around here I can tell you, it’s here, hold my beer and then disaster happens.

But in trading it’s like it can’t go any higher and it can’t go any lower. Both statements are false and usually famous last words.

So prepare yourself for further drops and Peloton make sure you got a stop loss or you got a plan.

Trade Thirsty is doing a special webinar Tuesday, October 5th at 7PM on the secret little box right here, the secret little tool which you can use on a bunch of different futures forex, cryptos, stocks, ETF and internals.

This little transparent little box as you can see I’m moving around. There you go. See right there.

It could have caught a nice little run to the down side on the Nasdaq on this leg, this leg and this leg.

It also caught that and that move to the down side. If you would have this tool and you knew how to properly use it you could have got not all of it because that’s impossible.

But you could have gotten. Let me show you what a potential it had today. It had a potential to get about that much of the move.

Now, when it gets sideways nothing is really reliable when it gets sideways. But this nice little trusty move to the down side it caught most of it.

And it’s genius and simple. An elegant design tool to help you catch more moves and not miss so many moves. I’m going to HYPERLINK you to the registration page.

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

Hubert.