Shopify Inc.Long
SHOP 100
Updated
SHOP needs a pullback here for a confident long rather than chasing it.
Expecting this would be the probable path for this run.
There is gap below, it can be filled or can act as support.
Target 1 - 90
Target 2 -100
Stop loss 55
Expecting this would be the probable path for this run.
There is gap below, it can be filled or can act as support.
Target 1 - 90
Target 2 -100
Stop loss 55
Trade active
That wasn't quite a pullback I was expecting, probably let's see what it gives after FOMC on 9/18. Anyways, added some more commons.
Note
SHOP has a gap above to fill and at Fib 78.6% profit taking zone.
And here we are at critical week - Fed Meeting Minutes , CPI data
Either this gonna do what it supposed to do at Fib 78.6% - Pullback a little
Or
Rally to gap fill from 83 to 88 in a jiff.
Let's see !!
Trade closed: target reached
Wow !!!
What a move through the gap area. I guess now we'll pullback for a little to fill the gap as support.
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