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Jun 9, 2021 2:26 AM

$SHOP testing resistance zone Long

Shopify Inc.NYSE

Description

SHOP testing UTL of symmetrical triangle. A breakout will send this much higher. Bull flag hinting at a breakout soon. Found support on 20-day moving average.
Watch for a breakout on the RSI to confirm move.

Comment

Nice run with breakout from bullish pattern.
Good area to take profits and raise stops on rest.
Comments
cannukville
Seems like a bear trap is coming is what this tells us
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