SHOP in a decent uptrend
I somehow didn't come across his chart before. The reason may have been its short history. My data goes back only to 2015 and there is no weekly 200SMA as yet. However, it looks strong.
From simple price action perspective, it's been in an good uptrend since it broke above $50. Currently it's approaching major resistance at $100. If we see a positive move above this level, it would be good to see price move towards $150 and ideally beyond. I will revisit the chart once we see it above $100. Setting an alarm.
From simple price action perspective, it's been in an good uptrend since it broke above $50. Currently it's approaching major resistance at $100. If we see a positive move above this level, it would be good to see price move towards $150 and ideally beyond. I will revisit the chart once we see it above $100. Setting an alarm.
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