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moneek91

SHOP is highly undervalued at this point

Long
SHOPIFY INC (TSX:SHOP)  
moneek91  
TSX:SHOP   SHOPIFY INC
Trend Analysis Chart Patterns Wave Analysis shopify S&P/TSX Composite shopifylong LONG undervalued
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trendanalysis chartpattern waveanalysis shopify tsx shopifylong long undervalued
Shop just hit its long term support and has similar RSI levels as March 2020 (Covid flash crash). IMO SHOP is highly undervalued and has been consolidating around the 17000-1900 range. Next leg up should take it to $3000 and then finally the 5th wave could propel us to around $4200 in the next 6 months. Going long with full force. Not financial advice!

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