Mo33

$SHOP Parallel Channel Repeat - Bullish

Long
TSX:SHOP   SHOPIFY INC
Entered long position since MACD cross.
Parallel channel AA and BB repeating. Parallel Support = BB; Parallel Resistance AA
Likely to consolidation between S1 = 171, R = 178 to continue previous parallel channel
Golden cross short term EMA (15,5)

Overall bullish unless Citron attack

Related Ideas

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.