Ponyboy is walking home from the movies and is attacked by a group of rich guys called the socs. he then goes on to explain his gang that saved him. he introduces the characters around him.
Climax
The conflict is mainly about the clashes between the socs and the greasers, but the internal conflict is about Ponyboy maturing and finding his path
Falling Action
Johnny saves Ponyboy by killing the soc that was chocking him. Ponyboy and Johnny run away. They get caught in a fire at the church they ran away too. Johnny gets really bad burns and has to stay in the hospital.
Resolution
There's a fight between Greasers and socs, the greasers win before the cops arrive and go to tell Johnny the good news, he passes away that night.
Dally in rage and shock from Johnny's death robs a gas station and threatens the owner with a fake gun. The police chase him down and kill him, thinking his weapon was real.
Ponyboy manages to get over the physical and emotional trauma that happened to him the past few days.