PELOTON
- PTON started to look like it would be breaking out and heading for a double top which would be my original setup for a short position.
Anyways, it didn't go like that, not enough volume to back up a breakout and to sustain the gains, green to red move. So a new opportunity has arised, short from current level at resistance down to support level at 24. Stop loss above today's high.
- PTON started to look like it would be breaking out and heading for a double top which would be my original setup for a short position.
Anyways, it didn't go like that, not enough volume to back up a breakout and to sustain the gains, green to red move. So a new opportunity has arised, short from current level at resistance down to support level at 24. Stop loss above today's high.