Insiders selling their own $PTON

🔸️Ticker Symbol: PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short

TECHNICAL ANALYSIS: So many reasons to play it short with PTON; no one from the company has bought in their own company, at all this year. The last 4 of 5 ER were a loss; regardless of the deal with AMZN, this report (from last quarter) is likely not going to have a great outlook. From a technical analysis view point, our trendsi dashboard we are clearly over extended, and we have divergence with our money momentum indicator. I know ER can be a 50/50, but I'd follow the money and go against this stock, in my humble opinion (not financial advice).

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