linknero

SHOP could go down

Short
linknero Updated   
NYSE:SHOP   Shopify Inc.
considering the Fibonacci resistances (and historical behaviour, 'cus it is the same), the stochastic indicators, momentum and the fact that it went through the EMA-50 in any case the price keeps under 1478 there are good chances of going down till 1435 or 1382. Stay aware of any sign of an unexpected rise. I'll give it a try going short
Comment:
It tried to rise but stopped right at the resistance of EMA-(20&50) let's wait till confirmation to any direction
Comment:
Aaaand... it fell. If it helped anyone, good for you! :D
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