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Breakout Multiplier

We’re Bullish Bicycles

September 26, 2024

Following a nasty drawdown from the all-time highs made back in 2021, Peloton Interactive $PTON is coiling at the upper bounds of a textbook bearish-to-bullish reversal pattern.

An upside resolution from the past month's trading range will confirm a new primary uptrend for this battered growth stock.

Here’s the chart: