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TrueTraderOfficial
Aug 26, 2021 11:08 AM

Midweek Watch 8/25 - $PTON Long

Peloton Interactive, Inc.NASDAQ

Description

MY 1st LEVEL: 112.50
WHY: Annual pivot and prior low. It closed close to highs days in a row and you see what it did.

MY 2nd LEVEL: 114.16
WHY: 20d. Which is a 50-60% retrace from today's move. This level may be a starting point for me.
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