SHOP Good to Buy at $ 54 but Best buy at $ 49 Gap to Fill

Updated
Our Pivot Stand at $ 62.80

Short term downtrend continue to $ 49 to fill the gap

Upside target is $ 70.20

Support is at $ 51.60 and Gap to fill since May 2023 at $ 49

Buy share at $ 54 and sell covered Call ATM for 20 OCT

if stock drops to $ 49 then buy Bull debit spread for March 2024 for buy $ 60 and Sell $ 70
Note
SHOP Has filled the gap - Not is the time to Buy the $ 60 and $ 70 spread - Load it
AMZNBABAChart PatternsEBAYETSYTechnical IndicatorssealimitedSHOPTrend Analysis

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