Hubert Senters here. Let’s take a look at Peloton, PTON. It’s kind of like the Zoom of the covid situation although Zoom is trying to trade time I believe. PTON, I think they recently and it’s gaping up for a bracket trade it’s because pretty course is going to take over the manufacturing stuff like that. I don’t really follow the fundamentals pretty much on anything. I mean not as much as a lot of people do. I like more of the technical approach. I believe that most of the price action has built in to the thing and why it happens is usually after the fact. Let’s take a look at Peloton. It’s obviously above the cloud. Six days. And then you had a breakaway gap to the high side. Now, you need to see if it’s going to follow through. In order to do that you juse use good old-fashioned bracket trade which means you put a horizontal line on the high and the low of the day that either gap up or gap down. You could do the same situation back here in the past where that would be a bracket trade to the down side or the up side depending on where it works. Now, in this what you need to do is wait for it to break $155.29 to short it for a gap fill at $145. It may not do that. And if it does what happens is it will break up to $166.55 and potentially go, you know, in the area of $190 or $200. So all you have to do is wait until it breaks out of this bracket that it’s built its self in so just think about just like a creature and a fence. It’s going to go outside that fence. If it goes higher you want to get long. If it goes lower you want to get short. Ron Haydt is doing a special webinar so that you can See the Top 10 Stocks to Kick Off the New Year with a Bang Tuesday which is today at 7PM EST. You know how to register for a webinar. I will HYPERLINK you which is a fancy way of saying I’ll lead you over to this registration page. Good luck. Hope it helps. See you on the next video. Hubert.