Market cap weighted index for MSFT , AMZN , FB , GOOG , AAPL , JNJ has had a very aggressive V recovery. Basic measured move should be 4000+ points or about 30-40% increase. First leg up should get nice overshoot, looking for overbought weekly RSI and/or some daily bearish divergence before retesting the 20wma and about 38% retracement on the pullback.
@JohnFurr, and others....picking up pennies in front of steam roller. Enjoy the risk. Ill stick to something that pays me passive income way more than any stock could provide. Your assumption that I do not know simple market knowledge just proves that you' ll be the ones who buy at the top and wander why it went down. Buy SHOP now and hold for a eternity. Let me know how that works out for you. I called AMAZONs double top in 2018 and it only took 2 years to get back there.. Good luck to all. See you all at the top.!