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Peloton Interactive, Inc.
Short

Overextended, due for a pullback

By SpinTrades
Updated
Overbought, at the top of the Bollinger bands, supported by the EMA cloud but likely to pull back to the 20MA, 50MA below that. Long on this stock but it is due for a pullback.
Trade closed: target reached
This was a bit of an experiment but it is surprising how it hit exactly. Obviously though the 20sma line from the Bollinger band isn't an exact straight line... happened to work here.
Chart Patternscovid19stockparabolicparabolicshortpullbackreversalstayathomeTrend Analysis
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