$PTON
Added 2024-07-08 20:18:54 +0000 UTC$PTON is staying tight in this descending wedge and we can see that the apex of the wedge aligns with the earnings date around the end of August, a breakout of this wedge and there is a move up to the 200 Day MA at $4.50....but there is still a lot of risk here, so proceed with caution here.
I maintain that the best option for $PTON now is to merge or partner with a sports brand, like $NKE in order to safeguard its survival.
