SHOP a potential bullish thesis
Just purely from a technical analysis perspective, SHOP has completed what looks like a H&S pattern on the weekly, and has so far held the 61.8% Fib retracement level like a champ. Even if I am not a big fan of the monstrous run that SHOP has had this year, I think there is tremendous potential here for continuation at least to the 350 level again. And that is a possible trade scenario to take either call spreads or calendars converging on the 350 level a month out IMO.
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