Samirp01

PTON Bounce off Channel

Long
NASDAQ:PTON   Peloton Interactive, Inc.
Retested bottom of channel twice, bounced perfectly
RSI low on all time frames
TTM zeroing out indicating a squeeze is imminent

Entry - the bounce off 147
PT1 - 1.272 Fib at 171.56
PT2 - 1.618 fib at 178
LT PT - 2.618 fib, 200

Also be advised that earnings is on the 4th, which is next Thursday, tread carefully and good luck

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