Riceinator

SHOP = Running out of Steam?

Short
NYSE:SHOP   Shopify Inc.
Stochastic Oscillator appears to show downward momentum, and RSI appears to showing the same signal. SHOP also appears to be hitting the 0.382 Retracement level, and if it fails to break this resistance, there will most likely be a downtrend as buyers become exhausted.
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.