flywsam

Bad Episodic Pivot Candidate. Just watch. A lot of risk.

NASDAQ:PTON   Peloton Interactive, Inc.
Earnings inbound, strong downtrend, bad market... Just watch new range characteristics unless you like to gamble.

This needs to clear overhead supply and resistance before it becomes buyable. The best case scenario for bulls is this builds a new base. Any parabolic moves are suspect to mean reversion setups the following days.

Mamba out!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.