Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: PTON – The Next big Short?
$PTON 4HR Chart

With many overvalued growth stocks, PTON is one due for a nice correction. Nice H&S setup with the right shoulder currently forming and getting near that 50 day ema . Under 115.37 looking at a short opportunity to 108.50-110 level, if price fails to hold that level we can see an overall move to 98.17. Over 125 will invalidate this and give a bullish scenario… possible long to 133 as 1st PT. [/s2If]
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