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flywsam
Feb 7, 2022 1:47 PM

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

Peloton Interactive, Inc.NASDAQ

Description

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.
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