Shopify Inc.Short
SHOP YEARLY 22 REVERSAL
We are seeing most of the big names of 2020 head back to their pre-pandemic prices. SHOP has triggered a 22 reversal on the yearly chart. My final pt is 305.30
Until then I'd hold off on dip buying. As you can see it's already down by $1000 from ATH and -53% on the year.
Refer to the strat combo sheet to see which set up I am referencing.
I'll forewarn that most of my charts will have bearish reversals with a select few having bullish set ups
SHOP has triggered a 22 reversal on the yearly chart. My final pt is 305.30 Until then I'd hold off on dip buying. As you can see it's already down by $1000 from ATH and -53% on the year.
Refer to the strat combo sheet to see which set up I am referencing.
I'll forewarn that most of my charts will have bearish reversals with a select few having bullish set ups
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