PTON While the cloud, 100 SMA, and .618 fib level point to $29.50 as key resistance, the confluence of 50 SMA, 0.5 Fib, and Tenkan at $26.20 - $27 range may see 100 SMA flip support and price attempt continuation of uptrend (purple trend line). Realistically looking to enter short with tight stop at any touch of lime green downtrend line ($31-$33 area)
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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.