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Ross-Santos

PTON - Breakout Level

Long
Peloton Interactive, Inc. (NASDAQ:PTON)  
Ross-Santos  
NASDAQ:PTON   Peloton Interactive, Inc.
Trend Analysis Technical Indicators Chart Patterns ptonlong pton PTON-TIPS PTON-TRADE
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trendanalysis indicator chartpattern ptonlong pton pton-tips pton-trade
-PTON formed a Cup & Handle on the daily and it's getting ready to breakout.
-200SMA tested multiple times, we can assume that this is a valid support
-Open above 124 tomorrow is a bullish sign and could squeeze to 125.50-126.00
-Below 200SMA (around 119) bearish sign and could see a pullback around 117 - 116 area.

PTON
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