$PTON
Added 2024-08-23 10:27:44 +0000 UTCReported yesterday and gave a surprise beat by 52% on their earnings and the share price jumped +40% at one stage.
There is also no changes to this chart since the last one I uploaded
We can see that the wedge broke out at the start of July and came back to retest the breakout level into earnings....and when the earnings reported a surprise beat, the set up was there and it took off.
Price is at the 200 Day MA now in the PM at $4.22.
Converting the $4.22 to support is needed next for the Bulls....if they are successful there is a route to the blue line at $6.66.... if this can not be done, a retest of the 50 Day MA at $3.20 is possible next.
![Giantess, feet and Growth [18+]](https://samsuka.com/istorage/106445.jpg)
