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$SHOP Shopify Holding Trendline - Reversal Underway

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SHOP Shopify appears to be holding the longer term trend line after bouncing off support around $151.00 yesterday. Both RSI and MFI are beginning to reverse from oversold territory. Expecting further price recovery in the near term - will monitor for a break of the 50d ema for confirmation.

Short term target - $162.50 (gapfill)
Medium term target - $175.00


Stop loss - $149.50








Note: Observation/opinion, not investment advice.
Triple_Barrel_Capital
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Bullish PatternsChart PatternsSHOPTrend Analysis

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Bullish PatternsChart PatternsSHOPTrend Analysis
Triple_Barrel_Capital
更多:

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。