Shopify Inc.Long
SHOP Weekly Breakout
SHOP broke out of a bull flag pattern on the weekly chart in the week of November 18th. The following week continued the breakout & it is continuing to show strength early this week despite the overall market weakness. I am also noting the lack of volume above the current stock price according to the VPVR data.
I am targeting the $424.70 & $458.70 price levels.
I am targeting the $424.70 & $458.70 price levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.