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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.