should be a quick and easy short. jumped way too much after that precor acquisition imo and is consequently overbought in the year chart this should correct 10% to 20% if I had to guess in the short term. generally speaking the stock price of the company that is acquiring the other should dip as a result of the acquisition yet the opposite is the case for peloton....
Strong supports and historical RSI bounces in the past year say that NEE will bounce once it breaks out of the short term downtrend.