dhimaswppr

SHOP - Party Time?

Long
NYSE:SHOP   Shopify Inc.
Cup and Handle in Motion for SHOP

Watch out for the neckline at $71.43.

If a breakout is, then a CnH target is at around $119.

in the smaller picture, we can see a recent breakout from a minor downtrend channel with a target of $84.31 (closing the daily gap that occurred in February 2022).

The best entry position is at $62.41 to close the small gap after earning jump.

Let's go SHOPping!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.