PTON - Desceding Triangle with Positive RSI/MACD Divergence
Consider buying around the base of this descending triangle (~145). Divergence on MACD/RSI implies breakout above. Use a tight STOP (low for the base).
Note
Heels break thru floors. Watch for this breaking down further to form yet another bearish descending triangle w/breech below $113.
Disclaimer
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.
Disclaimer
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.