$PTON Peloton back on the reversal list

Will be looking for reversal trade on PTON this week.
Hit previous horizontal support and my rising Channel
trend-line on Friday.
RSI has worked of previous overbought conditions.
Main concern is the loss of Moving averages as support.
Next major MA is the 50ma in the $50 region.
Stock thrives on bad COVID news so lets see how it reacts to
the Lancet Report on Monday
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