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Overextended, due for a pullback

Corto
Peloton Interactive, Inc. (NASDAQ:PTON)  
SpinTrades Actualizado   
NASDAQ:PTON   Peloton Interactive, Inc.
Trend Analysis Chart Patterns reversal pullback parabolic parabolicshort covid19stock stayathome
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trendanalysis chartpattern reversal pullback parabolic parabolicshort covid19stock stayathome
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.
Operación cerrada: objetivo alcanzado:
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.
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