Stoploss for shorts at 92.5 . 
PTON closed at 84. RSI signals for more down trend and MFI suggest correction will be intact to area between 50-62% fibo near by 50s
PTON closed at 84. RSI signals for more down trend and MFI suggest correction will be intact to area between 50-62% fibo near by 50s Trade active
Note
still valid!Note
PTON IF rejected from 92.5 will form H&S Pattern targeting 50% fib. if close above it then bullish move targeting ATH 110-120Trade closed manually
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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.