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SHOP is painting a breakout on the daily timeframe from the descending channel.
The next area of resistance is sitting right at the mid-channel trendline of the ascending channel.
Watch for the first test at around 165, clearing the path to the main target around 195 at the top of the channel.
SHOP is painting a breakout on the daily timeframe from the descending channel.The next area of resistance is sitting right at the mid-channel trendline of the ascending channel.
Watch for the first test at around 165, clearing the path to the main target around 195 at the top of the channel.
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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.