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TECHNICAL ANALYSIS  |  July 12, 2024
Managing the Short Trade
Peloton (PTON) has not had along history as a public company. Its IPO was on September 26, 2019 when the shares were priced at $29 per share. Since then, its share price has seen substantial gains buoyed by Covid lockdowns and significant declines. Without the benefit of hindsight, good technical analysis skills and the appropriate level of risk taking and risk management would have made this a very successful short trade.
by Stella Osoba, CMT

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