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WadeYendall
28 de Jul. de 2021 15:50

SHOP Retest completed Largo

Shopify Inc.NYSE

Descripción

SHOP broke the ATH and then sold off coming into earnings. It is down following earning but has just retested the breakout point. I like it long above the green box here with 1500 as a key level. Above 1500 = bullish. Below = bearish. Targets would be a retest of the 1.27ext and then the 1.618ext. Best to wait until after the Fed meeting for entry.

Comentarios

Still working the 1500 level. Preferred entry would be after a flush down then a recovery.
Comentarios
fillingTheGaps
Nice chart , I agree. It's at 1500 right now on 7/30. If it holds this I will add to my position going long to 1923.
ProjectSyndicate
alright this is perfect thank you
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