Peloton Interactive, Inc.
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Last Hope for Investors to Get Out In My Opinion - Sell It

322
(Opinion Only) - Bear Flag at resistance.
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Short since 93.30 level; added to short here at 92.20ish level.
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Sure looks like it's going back down into the 80's very soon.

(Sell the rips)
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Breakdown
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I lean towards the "don't trust it".
Gap fill around $89 likely very soon.

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Two scenarios how this move could play out:
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Short -

Rejecting at the 20dayMA - Continued weakness next week if doesn't close above it today IMO.

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Thoughts on potential moves.

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Negative/bearish divergence on the RSI.

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