Shopify shares have recently gained fresh momentum to the upside, but then faced a notable pullback last week, which has since been partially recovered. Currently, we see SHOP in the third stage of a magenta-colored downward impulse, with a corrective move to the upside unfolding at a lower degree. We expect this rally to top out in our red Target Zone ($147.15–$165.54), from where price should turn lower again.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.