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SHOP Good to Buy at $ 54 but Best buy at $ 49 Gap to Fill
Shopify Inc.
Long
SHOP Good to Buy at $ 54 but Best buy at $ 49 Gap to Fill
By stockpivot
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Updated
Oct 26, 2023
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Sep 22, 2023
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
Oct 26, 2023
Note
SHOP Has filled the gap - Not is the time to Buy the $ 60 and $ 70 spread - Load it
AMZN
BABA
Chart Patterns
EBAY
ETSY
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sealimited
SHOP
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