Midweek Watch 8/25 - $PTON

MY 1st LEVEL: 112.50
WHY: Annual pivot and prior low. It closed close to highs days in a row and you see what it did.

MY 2nd LEVEL: 114.16
WHY: 20d. Which is a 50-60% retrace from today's move. This level may be a starting point for me.