If PTON breaks the $7.26 price level, it might come back to retest the $7.23 level, and if bounces off that price, it may go long to hit $7.83. If it fails to break out, then the trade fails, and it may continue falling lower. *This idea is just a possibility IF it does break out. I will try to let you guys know what happens.
Note
UPDATE: PTON broke out of the top resistance. It might come back down to re-test the resistance, and if it successfully bounces off, then that would be a great entry into this long trade.
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