PTON - Breakout Level
-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
-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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