TazmanianTrader

$SHOP 10D wants $68 if we stay under $80

Short
BATS:SHOP   Shopify Inc.
Of course, all ideas are my opinion alone. SHOP went a bit crazy last week but still rejected the same gap from the Winter 22' pullback. Looking at this head and shoulders on the daily, PA seemingly looking for a touch of the gap below around $64. May have to wait for the first week of April for the move to be underway. Keep on Watch, with a Bullish Market, $82+ possible before the end of the week for a Bull Trap setup as stock is breaking trendlines of the possible larger timeframe bear flag its been in since Spring 22' .... Stay Patient.. after high $60s I'll be looking for a rally to fill gap above at $89.12
Trade chiuso: obiettivo raggiunto:
Headed Lower eventually. Target Reached, as explained. Sorry I haven't posted any new ideas. I will soon.

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